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Cost Analysis Engineering
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Book Synopsis Cost Analysis for Engineers and Scientists by : Fariborz Tayyari
Download or read book Cost Analysis for Engineers and Scientists written by Fariborz Tayyari and published by CRC Press. This book was released on 2021-11-21 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book helps apply managerial accounting techniques to problems in areas including that of cost estimation, cost control, product pricing, and business segment discontinuation. It is a valuable resource for short-term courses and seminars conducted to train professionals and practitioners in engineering and manufacturing cost analysis. Cost Analysis for Engineers and Scientists introduces the fundamentals accounting information systems and manufacturing costs. It also presents product costing and manufacturing cost allocation to individual as well as joint products. The concepts and applications of cost-volume-profit and breakeven analysis for single-product and multiple-products are also discussed. It is intended for engineers, managers, and scientists to apply cost analysis techniques for assessing engineering and financial projects. A solutions manual and PowerPoint slides are available for qualified textbook adoption.
Book Synopsis Construction Cost Analysis and Estimating by : Phillip F. Ostwald
Download or read book Construction Cost Analysis and Estimating written by Phillip F. Ostwald and published by Pearson. This book was released on 2001 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work provides principles & techniques for the evaluation of construction design, emphasizing the importance of strong analysis skills & exploring estimation. It aims to provide readers with a balanced & cohesive overview of these two areas.
Book Synopsis Marine Engineering Economics and Cost Analysis by : Everett C. Hunt
Download or read book Marine Engineering Economics and Cost Analysis written by Everett C. Hunt and published by Cornell Maritime Press/Tidewater Publishers. This book was released on 1995 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marine Engineering Economics and Cost Analysis is intended for students and practitioners of ship design, shipbuilding, and ship operations who want to understand and apply the concepts of engineering economics to routine engineering decisions. Computer software is included to aid in completing the analyses required. "To my knowledge this is the first text published during my fifty-year career...that deals with the methods of economic evaluation of maritime decision alternatives from an engineering viewpoint....This book applies engineering economics and cost analysis to the maritime industry and sets forth in a logical sequence the method to reach the most efficient vessel from both a cost and capacity-required approach."--from the foreword by Captain Warren G. Leback, former maritime administrator.
Download or read book Value Engineering written by Del Younker and published by CRC Press. This book was released on 2003-05-14 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This invaluable reference teaches effective and practical techniques to improve the overall performance and outcome of design projects in various industries. Value Engineering highlights the application of value methodology to streamline current day operations, strategic planning in company or business segments, and everyday business decisions in the private sector. The book shows how to maximize budgets, reduce life cycle costs, improve project understanding, and create better working relationships. It explains how to gather information for the creation, evaluation, development, and presentation of new project ideas and shows how to design an appropriate task agenda and timeline.
Book Synopsis Engineering Economics of Life Cycle Cost Analysis by : John Vail Farr
Download or read book Engineering Economics of Life Cycle Cost Analysis written by John Vail Farr and published by CRC Press. This book was released on 2018-10-17 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineering has changed dramatically in the last century. With modern computing systems, instantaneous communication, elimination of low/mid management, increased complexity, and extremely efficient supply chains, all have dramatically affected the responsibilities of engineers at all levels. The future will require cost effective systems that are more secure, interconnected, software centric, and complex. Employees at all levels need to be able to develop accurate cost estimates based upon defensible cost analysis. It is under this backdrop that this book is being written. By presenting the methods, processes, and tools needed to conduct cost analysis, estimation, and management of complex systems, this textbook is the next step beyond basic engineering economics. Features Focuses on systems life cycle costing Includes materials beyond basic engineering economics, such as simulation-based costing Presents cost estimating, analysis, and management from a total ownership cost perspective Offers numerous real-life examples Provides excel based textbook/problems Offers PowerPoint slides, Solutions Manual, and author website with downloadable excel solutions, etc.
Book Synopsis Basic Cost Engineering, Third Edition by : Kenneth K. Humphreys
Download or read book Basic Cost Engineering, Third Edition written by Kenneth K. Humphreys and published by CRC Press. This book was released on 1995-09-05 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work focuses on the application of fundamental cost engineering principles to the capital and operating costs estimation of major projects. It provides detailed coverage of profitability, risk, and sensitivity analysis. This third edition: discusses novel strategies for calculating preliminary estimates using MasterFormat; presents new information on estimating the retrofitting and extension of existing plants; contains current international cost data; and more.;A solutions manual is available to instructors only.
Book Synopsis Cost Engineering by : Chris Domanski
Download or read book Cost Engineering written by Chris Domanski and published by CRC Press. This book was released on 2020-04-28 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s hyper-competitive, global marketplace, a manufacturing company needs a competitive edge if it is to survive and grow. That edge could be anything from superior manufacturing technology to innovative product design; from patent protection to solid, well-established customer relationships. One competitive edge available to all manufacturers, but realized by only a few, is the ability to accurately measure, control, and optimize costs throughout a product’s entire life cycle. The lack of a methodology to engineer cost optimization into every product makes attaining and maintaining profitability all that the more difficult. Cost Engineering provides a means for a manufacturer to achieve and sustain profitability by designing and manufacturing products to specific cost requirements. It incorporates a variety of proven methodologies including cost estimating, cost control, and cost optimization. Features: Describes the components and organization of an effective cost optimization process Provides detailed explanations of cost estimating techniques for many of the most common manufacturing processes Explains the selection and use of appropriate cost allocation methods Presents the fundamentals of cost-based negotiation Includes both proper and improper executions of cost engineering principles The details presented in this book are important to design engineers, manufacturing engineers, buyers, accountants, cost estimators, cost optimization specialists, and their managers and provides CEOs, COOs, general managers, product line managers, and plant managers with guidance on improving and sustaining profitability. .
Book Synopsis Systems Life Cycle Costing by : John V. Farr
Download or read book Systems Life Cycle Costing written by John V. Farr and published by CRC Press. This book was released on 2011-06-20 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Construction Cost Engineering Handbook by : Anghel Patrascu
Download or read book Construction Cost Engineering Handbook written by Anghel Patrascu and published by CRC Press. This book was released on 1988-03-30 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering the life of a construction project from inception to completion, this useful reference explains basic and advanced aspects of engineering economics, cost estimating, cost control, cost forecasting, planning, and scheduling. It serves both as a comprehensive introduction to cost engineering and as a practical, on-the-job guide for any construction project where the object is economy. Construction Cost Engineering Handbook describes the responsibilities of each member of the construction team and defines their relationship to project control ... analyzes project economics before, during, and after a project's finish ... examines various types and methods of estimating ... distinguishes between cost reporting and cost forecasting, with valuable cost and scheduling integration examples ... considers planning and scheduling procedures such as the bar chart and sophisticated contemporary techniques ... highlights ways of avoiding common mistakes through data development ... and furnishes computer samples for estimating, cost control, cost forecasting, and scheduling. Illustrated with more than 180 excellent diagrams and drawings, and featuring convenient appendixes on foreign and remote projects, code of accounts and work breakdown structure, and typical project activities, Construction Cost Engineering Handbook is an indispensable reference for civil, cost, project, plant, design, construction, and industrial engineers and managers as well as architects, building contractors, and financial controllers involved with construction projects. Book jacket.
Book Synopsis Cost Engineering Analysis by : William R. Park
Download or read book Cost Engineering Analysis written by William R. Park and published by Wiley-Interscience. This book was released on 1984-05-09 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revision of the very successful first edition with all chapters thoroughly reviewed and updated. Presents a means of rapid, inexpensive financial comparison among a group of projects as well as the more mathematically sophisticated, popular, but not necessarily accurate methods. The chapter on depreciation has been rewritten to reflect new tax laws. Discusses the impact of interest rates and income tax considerations on project evaluation. Includes expanded use of small computers with practical BASIC programs for computing depreciation, cash flow, present value, and more.
Book Synopsis Systems Cost Engineering by : Dale Shermon
Download or read book Systems Cost Engineering written by Dale Shermon and published by Gower Publishing, Ltd.. This book was released on 2009 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Probability Methods for Cost Uncertainty Analysis by : Paul R. Garvey
Download or read book Probability Methods for Cost Uncertainty Analysis written by Paul R. Garvey and published by CRC Press. This book was released on 2016-01-06 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective, Second Edition gives you a thorough grounding in the analytical methods needed for modeling and measuring uncertainty in the cost of engineering systems. This includes the treatment of correlation between the cost of system elements, how to present the analysis to
Book Synopsis Systems Engineering for Automotive Powertrain Development by : Hannes Hick
Download or read book Systems Engineering for Automotive Powertrain Development written by Hannes Hick and published by Springer. This book was released on 2021-02-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the last century, the automotive industry has been dominated by internal combustion engines. Their flexibility of application, driving range, performance and sporty characteristics has resulted in several generations of this technology and has formed generations of engineers. But that is not the end of the story. Stricter legislation and increased environmental awareness have resulted in the development of new powertrain technologies in addition and parallel to the highly optimized internal combustion engine. Hybrid powertrains systems, pure battery electric systems and fuel cell systems, in conjunction with a diverse range of applications, have increased the spectrum of powertrain technologies. Furthermore, automated driving together with intelligent and highly connected systems are changing the way to get from A to B. Not only is the interaction of all these new technologies challenging, but also several different disciplines have to collaborate intensively in order for new powertrain systems to be successfully developed. These new technologies and the resulting challenges lead to an increase in system complexity. Approaches such as systems engineering are necessary to manage this complexity. To show how systems engineering manages the increasing complexity of modern powertrain systems, by providing processes, methods, organizational aspects and tools, this book has been structured into five parts. Starting with Challenges for Powertrain Development, which describes automotive-related challenges at different levels of the system hierarchy and from different point of views. The book then continues with the core part, Systems Engineering, in which all the basics of systems engineering, model-based systems engineering, and their related processes, methods, tools, and organizational matters are described. A special focus is placed on important standards and the human factor. The third part, Automotive Powertrain Systems Engineering Approach, puts the fundamentals of systems engineering into practice by adding the automotive context. This part focuses on system development and also considers the interactions to hardware and software development. Several approaches and methods are presented based on systems engineering philosophy. Part four, Powertrain Development Case Studies, adds the practical point of view by providing a range of case studies on powertrain system level and on powertrain element level and discusses the development of hybrid powertrain, internal combustion engines, e-drives, transmissions, batteries and fuel cell systems. Two case studies on a vehicle level are also presented. The final part, Outlook, considers the development of systems engineering itself with particular focus on information communication technologies. Even though this book covers systems engineering from an automotive perspective, many of the challenges, fundamental principles, conclusions and outlooks can be applied to other domains too. Therefore, this book is not only relevant for automotive engineers and students, but also for specialists in scientific and industrial positions in other domains and anyone who has to cope with the challenge of successfully developing complex systems with a large number of collaborating disciplines.
Book Synopsis Estimating and Costing for the Metal Manufacturing Industries by : Robert Creese
Download or read book Estimating and Costing for the Metal Manufacturing Industries written by Robert Creese and published by CRC Press. This book was released on 1992-08-25 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This practical reference/text provides a thorough overview of cost estimating as applied to various manufacturing industries, with special emphasis on metal manufacturing concerns. It presents examples and study problems illustrating potential applications and the techniques involved in estimating costs.;Containing both US and metric units for easy conversion of world-wide manufacturing data, Estimating and Costing for the Metal Manufacturing Industries: outlines professional societies and publications dealing with cost estimating and cost analysis; details the four basic metalworking processes - machining, casting, forming, and joining; reveals five techniques for capital cost estimating, including the new AACE International's Recommended Practice 16R-90 and the new knowledge and experience method; discusses the effect of scrap rates and operation costs upon unit costs; offers four formula methods for conceptual cost estimating and examines material-design-cost relationships; describes cost indexes, cost capacity factors, multiple-improvement curves, and facility cost estimation techniques; offers a generalized metal cutting economics model for comparison with traditional economic models; and more.;Estimating and Costing for the Metal Manufacturing Industries serves as an on-the-job, single-source reference for cost, manufacturing, and industrial engineers and as a text for upper-level undergraduate, graduate, and postgraduate students in cost estimating, engineering economics, and production operations courses.;A Solutions manual to the end-of-chapter problems is available free of charge to instructors only. Requests for the manual must be made on official school stationery.
Book Synopsis Decision Making in Systems Engineering and Management by : Gregory S. Parnell
Download or read book Decision Making in Systems Engineering and Management written by Gregory S. Parnell and published by John Wiley & Sons. This book was released on 2011-03-16 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Engineering Economic Analysis by : Donald G. Newnan
Download or read book Engineering Economic Analysis written by Donald G. Newnan and published by . This book was released on 1991 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cost Engineering Health Check by : Dale Shermon
Download or read book Cost Engineering Health Check written by Dale Shermon and published by Taylor & Francis. This book was released on 2016-11-03 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: High quality cost estimating gives a business leader confidence to make rational financial decisions. Whether you are a business leader or a cost estimating manager, you have a vested interest in understanding whether you can depend on your organisation's ability to generate accurate cost forecasts and estimates. But how can business leaders have confidence that the cost information that they are being provided with is of high quality? How can a cost estimating manager be sure that their team is providing high quality cost information? QinetiQ's Cost Engineering Health Check is used as a capability benchmarking tool to identify improvement opportunities within their clients' cost estimating capability, enabling them to focus on areas that have the potential to increase their competitiveness. High quality estimating leads to accurate budgets, a reduced potential for cost growth, accurate evaluation of risk exposure, and the opportunity to implement effective earned value management (EVM). The Cost Engineering Health Check employs a standardised competency framework that considers all aspects of cost estimating capability, and provides an objective assessment against both best practice and the industry standard. This framework is based on QinetiQ's long established, tried and tested, Knowledge Based Estimating (KBE) philosophy comprising Data, Tools, People and Process, with additional consideration given to cultural and stakeholder assessments.