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Cost Estimating For Engineering And Management
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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 Cost Estimation by : Gregory K. Mislick
Download or read book Cost Estimation written by Gregory K. Mislick and published by John Wiley & Sons. This book was released on 2015-05-04 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents an accessible approach to the cost estimation tools, concepts, and techniques needed to support analytical and cost decisions Written with an easy-to-understand approach, Cost Estimation: Methods and Tools provides comprehensive coverage of the quantitative techniques needed by professional cost estimators and for those wanting to learn about this vibrant career field. Featuring the underlying mathematical and analytical principles of cost estimation, the book focuses on the tools and methods used to predict the research and development, production, and operating and support costs for successful cost estimation in industrial, business, and manufacturing processes. The book begins with a detailed historical perspective and key terms of the cost estimating field in order to develop the necessary background prior to implementing the presented quantitative methods. The book proceeds to fundamental cost estimation methods utilized in the field of cost estimation, including working with inflation indices, regression analysis, learning curves, analogies, cost factors, and wrap rates. With a step-by-step introduction to the practicality of cost estimation and the available resources for obtaining relevant data, Cost Estimation: Methods and Tools also features: Various cost estimating tools, concepts, and techniques needed to support business decisions Multiple questions at the end of each chapter to help readers obtain a deeper understanding of the discussed methods and techniques An overview of the software used in cost estimation, as well as an introduction to the application of risk and uncertainty analysis A Foreword from Dr. Douglas A. Brook, a professor in the Graduate School of Business and Public Policy at the Naval Postgraduate School, who spent many years working in the Department of Defense acquisition environment Cost Estimation: Methods and Tools is an excellent reference for academics and practitioners in decision science, operations research, operations management, business, and systems and industrial engineering, as well as a useful guide in support of professional cost estimation training and certification courses for practitioners. The book is also appropriate for graduate-level courses in operations research, operations management, engineering economics, and manufacturing and/or production processes.
Book Synopsis What Every Engineer Should Know about Manufacturing Cost Estimating by : Eric M. Malstrom
Download or read book What Every Engineer Should Know about Manufacturing Cost Estimating written by Eric M. Malstrom and published by CRC Press. This book was released on 1981-07-01 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cost Estimator's Reference Manual by : Rodney D. Stewart
Download or read book Cost Estimator's Reference Manual written by Rodney D. Stewart and published by John Wiley & Sons. This book was released on 1995-04-03 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's hypercompetitive global marketplace, accurate costestimating is crucial to bottom-line results. Nowhere is this moreevident than in the design and development of new products andservices. Among managing engineers responsible for developingrealistic cost estimates for new product designs, the number-onesource of information and guidance has been the Cost Estimator'sReference Manual. Comprehensive, authoritative, and practical, the Manual instructsreaders in the full range of cost estimating techniques andprocedures currently used in the fields of development, testing,manufacturing, production, construction, software, generalservices, government contracting, engineering services, scientificprojects, and proposal preparation. The authors clearly explain howto go about gathering the data essential to preparing a realisticestimate of costs and guide the reader step by step through eachprocedure. This new Second Edition incorporates a decade of progress in themethods, procedures, and strategies of cost estimating. All thematerial has been updated and five new chapters have been added toreflect the most recent information on such increasingly importanttopics as activity-based costing, software estimating,design-to-cost techniques, and cost implications of new concurrentengineering and systems engineering approaches to projects. Indispensable to virtually anyone whose work requires accurate costestimates, the Cost Estimator's Reference Manual will be especiallyvaluable to engineers, estimators, accountants, and contractors ofproducts, projects, processes, and services to both government andindustry. The essential ready-reference for the techniques, methods, andprocedures of cost estimating COST ESTIMATOR'S REFERENCE MANUAL Second Edition Indispensable for anyone who depends on accurate cost estimates forengineering projects, the Cost Estimator's Reference Manual guidesthe user through both the basic and more sophisticated aspects ofthe estimating process. Authoritative and comprehensive, the Manualseamlessly integrates the many functions--accounting, financial,statistical, and management--of modern cost estimating practice.Its broad coverage includes estimating procedures applied to suchareas as: * Production * Software * Development * General services * Testing * Government contracting * Manufacturing * Engineering * Proposal preparation * Scientific projects * Construction This updated and expanded Second Edition incorporates all the mostimportant recent developments in cost estimating, such asactivity-based costing, software estimating, design-to-costtechniques, computer-aided estimating tools, concurrentengineering, and life cycle costing. For engineers, estimators, accountants, planners, and others whoare involved in the cost aspects of projects, the Cost Estimator'sReference Manual is an invaluable information source that will payfor itself many times over.
Book Synopsis Project Cost Estimating by : Jack Sweeting
Download or read book Project Cost Estimating written by Jack Sweeting and published by IChemE. This book was released on 1997 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Conceptual Cost Estimating Manual by : John S. Page
Download or read book Conceptual Cost Estimating Manual written by John S. Page and published by Gulf Professional Publishing. This book was released on 1996-06-14 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Offshore Projects and Engineering Management by : Mohamed A. El-Reedy
Download or read book Offshore Projects and Engineering Management written by Mohamed A. El-Reedy and published by Gulf Professional Publishing. This book was released on 2021-06-18 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offshore Projects and Engineering Management delivers a critical training tool for engineers on how to prepare cost estimates and understand the most recent management methods. Specific to the oil and gas offshore industry, the reference dives into project economics, interface management and contracts. Methods for analyzing risk, activity calculations and risk response strategies are covered for offshore, FPSO and pipelines. Supported with case studies, detailed discussions, and practical applications, this comprehensive book gives oil and gas managers a management toolbox to extend asset life, reduce costs and minimalize impact to personnel and environment. Oil and gas assets are under constant pressure and engineers and managers need engineering management training and strategies to ensure their operations are safe and cost effective. This book helps manage the ramp up to the management of offshore structures. - Discusses engineering management for new and existing offshore platforms, including FPSOs and subsea pipelines - Presents everything a reader needs to understand the most recent PMP modules and management methods - Provides the best tools, tactics and forms through several practical case studies
Book Synopsis Building Construction Estimating by : Stephen D. Schuette
Download or read book Building Construction Estimating written by Stephen D. Schuette and published by McGraw-Hill Companies. This book was released on 1994 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building Construction Estimating furnishes readers with specific details on how a general building contractor derives the cost of a project before it begins, and how the estimate fits into the total construction process. The book provides coverage of such areas as determining labor productivity and wages, selecting equipment and assigning productivity rates and costs, acquiring specialty contractor prices, and assigning overhead costs and profit. The material is presented from the point of view of a general contractor working on a competitively bid stipulated-sum (lump-sum) contract. However, other contract methods and the effects they have on the estimating process are also discussed. Furthermore, the principles of estimating for the specialty trades are discussed from the reference of a general building contractor, and how the subcontractor's bid will affect the total project cost is presented. Of special note is the book's introduction and utilization of computers in the estimating process - enabling readers to utilize new technology in an effective and efficient manner. The book is organized in a way that first teaches the reader to perform many of the estimating activities manually, then guides them in developing a computer spreadsheet. The use of spreadsheets empowers the reader to go beyond the manual calculations and develop new and more proficient solutions to estimating problems.
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 Construction Cost Estimating by : Len Holm
Download or read book Construction Cost Estimating written by Len Holm and published by Routledge. This book was released on 2021-04-07 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Construction Cost Estimating equips a new generation of students and early-career professionals with the skills they need to bid successfully on projects. From developing bid strategies to submitting a completed bid, this innovative textbook introduces the fundamentals of construction estimating through a real-life case study that unfolds across its 24 chapters. Exercises at the end of each chapter offer hands-on practice with core concepts such as quantity take-offs, pricing, and estimating for subcontractor work. Online resources provide instant access to examples of authentic construction documents, including complete, detailed direct work estimates, subcontractor work estimates, general conditions estimates, markups, and summary schedules. Through its unique mix of real-world examples and classroom-tested insights, Construction Cost Estimating ensures that readers are familiar with the entire estimating process even before setting foot on the jobsite.
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 Desalination Project Cost Estimating and Management by : Nikolay Voutchkov
Download or read book Desalination Project Cost Estimating and Management written by Nikolay Voutchkov and published by CRC Press. This book was released on 2018-10-26 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Desalination Project Cost Estimating and Management examines the key issues associated with the estimation of costs for desalination plants. It covers all aspects of desalination project cost estimating and management: direct and indirect capital costs, fixed and variable operation and maintenance costs, and total costs for water production. In addition, it provides a detailed overview of the factors that influence project costs and discusses the technological and project delivery methods to control and optimize project costs. The book includes cost curves for the most commonly used seawater desalination facilities and numeric examples illustrating how to prepare a budgetary cost estimate for a typical desalination project. Features: •Presents a comprehensive engineering overview of key issues associated with desalination project cost estimating. •Includes cost curves which can be used for budgetary level estimates of capital, and operation and maintenance (O&M) expenditures. •Contains easy to use cost-estimating rules of thumb derived from actual desalination projects. •Includes several numeric examples illustrating the cost estimating process.
Book Synopsis Integrated Design and Cost Management for Civil Engineers by : Andrew Whyte
Download or read book Integrated Design and Cost Management for Civil Engineers written by Andrew Whyte and published by CRC Press. This book was released on 2014-08-13 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: Find Practical Solutions to Civil Engineering Design and Cost Management Problems A guide to successfully designing, estimating, and scheduling a civil engineering project, Integrated Design and Cost Management for Civil Engineers shows how practicing professionals can design fit-for-use solutions within established time frames and reliable budgets. This text combines technical compliance with practical solutions in relation to cost planning, estimating, time, and cost control. It incorporates solutions that are technically sound as well as cost effective and time efficient. It focuses on the integration of design and construction based on solid engineering foundations contained within a code of ethics, and navigates engineers through the complete process of project design, pricing, and tendering. Well illustrated The book uses cases studies to illustrate principles and processes. Although they center on Australasia and Southeast Asia, the principles are internationally relevant. The material details procedures that emphasize the correct quantification and planning of works, resulting in reliable cost and time predictions. It also works toward minimizing the risk of losing business through cost blowouts or losing profits through underestimation. This Text Details the Quest for Practical Solutions That: Are cost effective Can be completed within a reasonable timeline Conform to relevant quality controls Are framed within appropriate contract documents Satisfy ethical professional procedures, and Address the client’s brief through a structured approach to integrated design and cost management Designed to help civil engineers develop and apply a multitude of skill bases, Integrated Design and Cost Management for Civil Engineers can aid them in maintaining relevancy in appropriate design justifications, guide work tasks, control costs, and structure project timelines. The book is an ideal link between a civil engineering course and practice.
Book Synopsis Project Management for Construction by : Chris Hendrickson
Download or read book Project Management for Construction written by Chris Hendrickson and published by Chris Hendrickson. This book was released on 1989 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Project Estimating and Cost Management by : Parviz F. Rad
Download or read book Project Estimating and Cost Management written by Parviz F. Rad and published by Berrett-Koehler Publishers. This book was released on 2001-10 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improve the accuracy of project estimates and make better in-progress modifications by following the discipline-independent approach mapped out in this book. Learn the best ways to apply new tools, including a breakdown structure for both work and resources and proven estimating models. In addition, you'll gain insights into best practices for progress monitoring and cost management, as well as for dealing effectively with external projects.
Book Synopsis Estimating Software Costs by : Capers Jones
Download or read book Estimating Software Costs written by Capers Jones and published by McGraw Hill Professional. This book was released on 2007-05-10 with total page 673 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deliver bug-free software projects on schedule and within budget Get a clear, complete understanding of how to estimate software costs, schedules, and quality using the real-world information contained in this comprehensive volume. Find out how to choose the correct hardware and software tools, develop an appraisal strategy, deploy tests and prototypes, and produce accurate software cost estimates. Plus, you'll get full coverage of cutting-edge estimating approaches using Java, object-oriented methods, and reusable components. Plan for and execute project-, phase-, and activity-level cost estimations Estimate regression, component, integration, and stress tests Compensate for inaccuracies in data collection, calculation, and analysis Assess software deliverables and data complexity Test design principles and operational characteristics using software prototyping Handle configuration change, research, quality control, and documentation costs "Capers Jones' work offers a unique contribution to the understanding of the economics of software production. It provides deep insights into why our advances in computing are not matched with corresponding improvements in the software that drives it. This book is absolutely required reading for an understanding of the limitations of our technological advances." --Paul A. Strassmann, former CIO of Xerox, the Department of Defense, and NASA
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.
