The global economic order, the rapid rate of technological advancement, the information revolution, all have opened new series of challenges as well as opportunities. The ability to innovate and the capacity to adapt to latest technologies are going to be the forte in the new century. Pakistan 's cherished vision to become super power can only be attained by its large high quality human power. The educational institutions especially those imparting technical education have to take the responsibility of developing and nurturing the world class engineers, technologists and managers. [...]