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Description Each trainee carries out three projects. Each project is carried out by a team of two trainees. Thus project work becomes teamwork. The projects are all related to practical problems, which arise from (smaller) companies, government-related institutes, non-profit organizations such as hospitals and from logistics consultancy firms. Each project lasts about three months and is supervised by a staff member. Each trainee has to spend at least 240 hours on a project. The progress of a project is discussed and evaluated within the seminar together with the other participants in a brainstorming session and in an interim presentation. The project is finished with a final presentation. A report, which contains the modeling, the analysis and the description of software developed, is the final product of the project and is offered to the company. All projects should lead to tractable results which are well-documented and in accordance with the obligations stated in a contract. The executors of a modeling project present their project to a critical audience of non-involved colleagues and to the problem-owner and his environment. They also have to account for the time used on the project. If a substantial excess of the allowed time is expected, they should warn the project supervisor and the overall supervisor of the Modeling Seminar. Since all participants in the program should do three modeling projects during the seminar, keeping to the schedule is important for that reason as well. Finances In order to ensure clarity about each other's position, the project is carried out on the basis of a small contract, a quotation, between the company as the receiving party and Technische Universiteit Eindhoven (TU/e) as the sending party. The contract implies a financial obligation for the problem-owner and a delivery obligation for the participants in the program. The contract contains a short description of project goals and the names of the executors, project supervisor and industrial supervisor. For a standard modeling project € 6,000 is charged to the company. The secretariat takes care of sending an invoice to the problem-owner after acceptance of the modeling report. |