Introduction to the conceptual and practical considerations in identifying and developing new products. The theory and practice of project management applied to the creation of new business activities and ventures will be discussed. Topics include project management, innovation and entrepreneurship, business planning, marketing, and mobilizing human and financial resources. These will be applied in the development of a business plan for a business concept. The course is intended to provide engineering and business students with an awareness of specific planning, budgeting and scheduling techniques that can be used to implement and monitor new business activities. This course is open to Business and Science students with consent of Instructor. Note: Credit cannot be obtained for both ENGG 402 and ENG M 402.