cost analysis and estimating for engineering and management

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Cost Analysis And Estimating For Engineering And Management

Author : Phillip F. Ostwald
ISBN : 0131421271
Genre : Business & Economics
File Size : 21. 91 MB
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For undergraduate or graduate courses in cost estimating in engineering, management and technology settings, this text provides the principles and techniques for the evaluation of engineering design. It analyses labour, material, accounting and forecasting amongst other topics.

Life Cycle Costing

Author : Balbir S. Dhillon
ISBN : 2881243029
Genre : Business & Economics
File Size : 24. 94 MB
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Product acquisition involves an examination of the support cost of major equipment over its total life years. Depending on the type of equipment, support costs may range from 10 to 100 times the cost of acquisition. "Life Cycle Costing: Techniques, Models and Applications" offers a comprehensive approach to the entire field, and treats it in such a way that the reader requires no previous knowledge to understand the contents. It covers all advances and recent progress in life cycle costing from its history and definitions to current approaches. It is fully referenced for deeper study in any specific area (there are over 1150 references with an appendix) and contains more than 50 examples with their solutions. Subjects covered include reliability improvement warranty, computer hardware and software costing, vehicles life cycle costing, reliability engineering, life cycle costing in the aircraft industry, and processing systems costing. This work is intended for all engineers and senior students of engineering or business administration, administrators, cost analysts, researchers, academics, and anyone involved with equipment procurement.

Cost Estimating

Author : Rodney D. Stewart
ISBN : 0471857076
Genre : Business & Economics
File Size : 45. 96 MB
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This revision of the author's bestselling earlier work on cost estimating has been updated to provide currently applicable examples, data and techniques. Two new chapters have been added covering: computer tools and models for cost estimating, where to get these tools, and the features to look for; software cost estimating with special emphasis on the effect of CASE tools on software productivities and resulting software costs. A complete set of inflation tables is now included to permit conversion from any year dollars to any other year dollars from 1959 through 1997. Retains its comprehensive coverage of the elements needed to embark on a cost estimating task. Strengthened are the invaluable parts of the book which tell the estimator how to produce a competitive and credible cost estimate. Manufacturing standards for hardware and electronics are retained as are handy tables for determining the costs of engineering, design, documentation, drafting and testing.

Systems Life Cycle Costing

Author : John V. Farr
ISBN : 9781439828915
Genre : Technology & Engineering
File Size : 37. 10 MB
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Although technology and productivity has changed much of engineering, many topics are still taught in very similarly to how they were taught in the 70s. Using a new approach to engineering economics, Systems Life Cycle Costing: Economic Analysis, Estimation, and Management presents the material that a modern engineer must understand to work as a practicing engineer conducting economic analysis. Organized around a product development process that provides a framework for the material, the book presents techniques such as engineering economics and simulation-based costing (SBC), with a focus on total life cycle understanding and perspective and introduces techniques for detailed analysis of modern complex systems. The author includes rules of thumb for estimation grouped with the methods, processes, and tools (MPTs) for conducting a detailed engineering buildup for costing. He presents the estimating costing of complex systems and software and then explores concepts such as design to cost (DTC), cost as an independent variable (CAIV), the role of commercial off-the-shelf technology, cost of quality, and the role of project management in LCC management. No product or services are immune from cost, performance, schedule, quality, risks, and tradeoffs. Yet engineers spend most of their formal education focused on performance and most of their professional careers worrying about resources and schedule. Too often, the design stage becomes about the technical performance without considering the downstream costs that contribute to the tota1 life cycle costs (LCC) of a system. This text presents the methods, processes, and tools needed for the economic analysis, estimation, and management that bring these costs in line with the goals of pleasing the customer and staying within budget.

Project Cost Estimating

Author : Jack Sweeting
ISBN : 0852953801
Genre : Technology & Engineering
File Size : 26. 68 MB
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Exploring the methodology and overall strategy of project cost estimating, this book provides an introduction to statistics and databases, illustrating how they can help the cost estimator. The book offers an interactive approach where the reader is encouraged to participate in a series of CD or dice exercises to create a thorough understanding of the concepts involved.

Systems Cost Engineering

Author : Dale Shermon
ISBN : 9781351896474
Genre : Business & Economics
File Size : 40. 80 MB
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Parametric cost estimating models are flexible tools which bring engineering, scientific and mathematical rigour to cost and schedule estimating, but great tools alone will not keep programs affordable. Tools must be applied as part of a credible process if estimates and analyses are to be accepted. Complex major projects involving engineering, hardware, software, service and IT, all suffer from two basic problems: the project sponsors often struggle to specify the project effectively, and project managers find themselves wrestling with unpredicted cost or schedule overruns. Everyone wants to be successful with the tools and solutions they use, so this book is a comprehensive collection of methods with proven success. The applications described by Dale Shermon and his co-authors have evolved over 30 years of cost engineering experience during which time they have been matured by the parametric community. Each chapter explores a different application of parametrics, based on real-life case examples, providing you with a detailed guide to the rationale and value of cost engineering in a different industry or program context. Systems Cost Engineering will help cost engineers, project and program directors, and the champions that support them, to understand and apply parametrics to ensure that their programs: * offer a credible analysis of alternative cost options * are never initiated with insufficient funding because of inaccurate estimates of cost or quantification of risks * are never diverted from their objective because of a lack of credible cost management * share and communicate knowledge of realistic and dynamic cost and productivity metrics amongst the program team * are never derailed by surprise cost overruns or schedule delays The information in this book will give projects sponsors and bid managers confidence in the business case that they are developing and enable them to communicate a clear and transparent picture of the risks, opportunities and benefits to stakeholders and project owners.

Engineering Economy For Engineering Managers

Author : Turan Gönen
ISBN : UOM:39015017713820
Genre : Business & Economics
File Size : 27. 90 MB
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A concise guide to the prinicples of the engineering economy of industrial firms. Defines the methods in current practice and discusses how to create or revise operations for different situations. Based on current theory and practice and short enough for rapid self-study. Contains computer methods used in industry today.

Decision Making In Systems Engineering And Management

Author : Gregory S. Parnell
ISBN : 9780470934715
Genre : Technology & Engineering
File Size : 37. 32 MB
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Decision Making in Systems Engineering and Management is a comprehensive textbook that provides a logical process and analytical techniques for fact-based decision making for the most challenging systems problems. Grounded in systems thinking and based on sound systems engineering principles, the systems decisions process (SDP) leverages multiple objective decision analysis, multiple attribute value theory, and value-focused thinking to define the problem, measure stakeholder value, design creative solutions, explore the decision trade off space in the presence of uncertainty, and structure successful solution implementation. In addition to classical systems engineering problems, this approach has been successfully applied to a wide range of challenges including personnel recruiting, retention, and management; strategic policy analysis; facilities design and management; resource allocation; information assurance; security systems design; and other settings whose structure can be conceptualized as a system.

The Engineer S Cost Handbook

Author : Richard E. Westney
ISBN : 020391001X
Genre : Technology & Engineering
File Size : 23. 24 MB
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Offers coverage of each important step in engineering cost control process, from project justification to life-cycle costs. The book describes cost control systems and shows how to apply the principles of value engineering. It explains estimating methodology and the estimation of engineering, engineering equipment, and construction and labour costs; delineates productivity and cash-flow analysis; and more.

Warranty Cost Analysis

Author : Wallace Blischke
ISBN : 0824789113
Genre : Technology & Engineering
File Size : 51. 27 MB
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Considers cost and optimization problems from the manufacturer's and the buyer's points of view. The work discusses a variety of warranty policies and the mathematical models for the analysis of related engineering and management issues. All standard consumer product warranties are covered.

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