Volume 3 Issue 1 | 2026 | View PDF
Paper Id:IJMSM-V3I1P120
doi: 10.71141/30485037/V3I1P120

Managing Technological Investments in Maritime Education: A Cost-Effectiveness Study of Marine Engine Simulators in the Davao Region

Geraldo D. Calago, Redjie D. Arcadio

Citation:
Geraldo D. Calago, Redjie D. Arcadio, "Managing Technological Investments in Maritime Education: A Cost-Effectiveness Study of Marine Engine Simulators in the Davao Region" International Journal of Multidisciplinary on Science and Management, Vol. 3, No. 1, pp. 202-215, 2026.

Abstract:
The growing demand for skilled marine engineers and the increasing adoption of simulation-based training in maritime education underscore the importance of evaluating the cost-effectiveness of technological investments. This research explored the cost-effectiveness of marine engine simulators within the Davao Region, and it was in a bid to inform institutional decision making as well as influence sustainable maritime training practices. A mixed-methods research design was employed, incorporating quantitative surveys from 150 respondents and qualitative analyses of institutional documents from two private maritime schools in Davao City. Quantitative data were analyzed using descriptive statistics (mean and standard deviation) and inferential testing (t-test), while institutional records were reviewed to assess simulator acquisition costs, maintenance expenses, and operational outcomes. The results revealed high perceived educational effectiveness (M = 4.36), usability (M = 4.35), skill acquisition (M = 4.44), and overall satisfaction (M = 4.56), all with statistically significant values (p < 0.05), indicating strong stakeholder approval of simulator use. Institutional analyses showed substantial investments in simulators (₱40 million and ₱18 million) alongside moderate annual maintenance costs (₱50,000–₱100,000). Graduates exhibited high employability rates (95–99%), and enrollment retention remained stable, highlighting both instructional and financial advantages. Some operational issues such as insufficient training of instructors and regular changes in equipment were observed that did not undermine the overall performance. According to the outcomes of t-test, the null hypothesis that the execution of simulators of marine engines is not cost-effective was rejected, which proves that marine engine simulators are an investment of a sound strategic nature. The researchers conclude that these simulators improve the quality of instructions, competencies development, and the performance of institutions. Stronger faculty training, better maintenance strategies, and long-term sustainability plans are some of the recommendations that can be adopted to optimize the use of simulation-based maritime education.

Keywords: Technology Management, Marine Engine Simulators, Cost-Effectiveness, Maritime Education, Simulation-Based Training, Institutional Investment, Skill Development, Student Satisfaction.

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