Budget Estimating Techniques

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Cost Estimation

Author : Gregory K. Mislick
Publisher : John Wiley & Sons
ISBN 13 : 1118536134
Total Pages : 356 pages
Book Rating : 4.1/5 (185 download)

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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.

Budget Estimating Techniques

Author : United States Civil Service Commission. Bureau of Training. Management Sciences Training Center
Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.:/5 (2 download)

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Book Synopsis Budget Estimating Techniques by : United States Civil Service Commission. Bureau of Training. Management Sciences Training Center

Download or read book Budget Estimating Techniques written by United States Civil Service Commission. Bureau of Training. Management Sciences Training Center and published by . This book was released on 1978 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

APM - AcostE Estimating Guide

Author :
Publisher :
ISBN 13 : 9781903494844
Total Pages : 57 pages
Book Rating : 4.4/5 (948 download)

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Book Synopsis APM - AcostE Estimating Guide by :

Download or read book APM - AcostE Estimating Guide written by and published by . This book was released on 2019-06 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cost Estimating and Contract Pricing

Author : Gregory A. Garrett
Publisher : Wolters Kluwer
ISBN 13 : 0808018191
Total Pages : 306 pages
Book Rating : 4.8/5 (8 download)

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Book Synopsis Cost Estimating and Contract Pricing by : Gregory A. Garrett

Download or read book Cost Estimating and Contract Pricing written by Gregory A. Garrett and published by Wolters Kluwer. This book was released on 2008-01-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The process of estimating the cost for the development and delivery of a product, service, or solution can range from simple to highly complex based upon multiple factors including: technology maturity, urgency, geographic location, quantity, quality, availability of resources, hardware and software, systems integration and more. This book provides a comprehensive discussion of cost estimating and contract pricing with extensive use of tools, techniques, and best practices from both the public and private sectors. Key topics of discussion include: Cost estimating methods Cost accounting standards Cost analysis Profit analysis Contract pricing arrangements Price analysis Total ownership cost Earned value management systems

Unit Price Estimating Methods

Author : John H. Chiang
Publisher : John Wiley & Sons
ISBN 13 : 9780876290163
Total Pages : 0 pages
Book Rating : 4.2/5 (91 download)

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Book Synopsis Unit Price Estimating Methods by : John H. Chiang

Download or read book Unit Price Estimating Methods written by John H. Chiang and published by John Wiley & Sons. This book was released on 2007-05-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive reference explains everything you need to know about taking off and pricing detailed, unit price construction estimates. The book takes you through every step of the estimating process — from receipt of the plans, to detailed quantity takeoffs and pricing, to bidding strategies, and finally, cost control. Also includes electronic estimating forms you can access to download and customize from the book’s own website. Organized for quick reference, the book features: Estimating guidance for every segment of construction by CSI MasterFormat division — the most recognized industry standard for organizing construction projects and costs Checklists and forms to streamline the estimating process What to watch out for — common errors and omissions How to calculate and apply direct and indirect costs, including overhead and profit A complete, fully updated sample cost estimate An appendix with labor hours for common construction operations

Practice Standard for Project Estimating - Second Edition

Author : Project Management Institute
Publisher : Project Management Institute
ISBN 13 : 1628256435
Total Pages : 231 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Practice Standard for Project Estimating - Second Edition by : Project Management Institute

Download or read book Practice Standard for Project Estimating - Second Edition written by Project Management Institute and published by Project Management Institute. This book was released on 2020-04-24 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project estimating plays a vital role in project management. Typically completed in the initial planning stages, accurate project estimation can be a difficult task. Organizations and project managers should use these initial estimates to baseline the project schedule and cost, then refine these estimates as the project develops. Accurate estimation and refinement of the estimates leads to better and earlier decision making, thus maximizing value.Developed within the framework of A Guide to the Project Management Body of Knowledge (PMBOK&® Guide) &– Sixth Edition and other PMI standards, the Practice Standard for Project Estimating &– Second Edition focuses on providing models for the project management profession in both plan-driven and change-driven adaptive (agile) life cycles. This practice standard describes the aspects of project estimating that are recognized as good practice on most projects most of the time and that are widely recognized and consistently applied.PMI practice standards describe processes, activities, constraints, inputs, and outputs for specific discipline subject areas and are targeted to all practitioners within projectized organizations, not just project managers.

How to Manage a Great Project

Author : Mike Clayton
Publisher : Pearson UK
ISBN 13 : 0273788698
Total Pages : 204 pages
Book Rating : 4.2/5 (737 download)

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Book Synopsis How to Manage a Great Project by : Mike Clayton

Download or read book How to Manage a Great Project written by Mike Clayton and published by Pearson UK. This book was released on 2014-01-24 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed. So, you’ve been asked to manage a project. Not sure where to start? Start here. This is your ultimate one-stop, easy-going and very friendly guide to delivering any project of any size. Even if you’re a first time, never-done-it-before, newbie project manager, How to Manage a Great Project will get you from start to finish on budget, on target and on time.

Preconstruction Estimating

Author : James Jerome O'Brien
Publisher : McGraw-Hill Companies
ISBN 13 :
Total Pages : 618 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Preconstruction Estimating by : James Jerome O'Brien

Download or read book Preconstruction Estimating written by James Jerome O'Brien and published by McGraw-Hill Companies. This book was released on 1994 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estimating is one of the most important steps in the construction process, often determining the success or failure of a project. This work offers a step-by-step approach to the budgeting-estimating process, from concept-budget through schematic and pre-bid estimates to contractor's estimates.

Software Estimation Without Guessing

Author : George Dinwiddie
Publisher : Pragmatic Bookshelf
ISBN 13 : 1680507419
Total Pages : 325 pages
Book Rating : 4.6/5 (85 download)

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Book Synopsis Software Estimation Without Guessing by : George Dinwiddie

Download or read book Software Estimation Without Guessing written by George Dinwiddie and published by Pragmatic Bookshelf. This book was released on 2019-12-19 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estimating software development often produces more angst than value, but it doesn't have to. Identify the needs behind estimate requests and determine how to meet those needs simply and easily. Choose estimation techniques based on current needs and available information, gaining benefit while reducing cost and effort. Detect bad assumptions that might sink your project if you don't adjust your plans. Discover what to do when an estimate is wrong, how to recover, and how to use that knowledge for future planning. Learn to communicate about estimates in a healthy and productive way, maximizing advantage to the organization and minimizing damage to the people. In a world where most developers hate estimation and most managers fear disappointment with the results, there is hope for both. It requires giving up some widely held misconceptions. Let go of the notion that "an estimate is an estimate" and estimate for the particular need you, and your organization, have. Realize that estimates have a limited shelf-life, and reestimate frequently if it's important. When reality differs from your estimate, don't lament; mine that disappointment for the gold that can be the longer-term jackpot. Estimate in comparison to past experience, by modeling the work mathematically, or a hybrid of both. Learn strategies for effective decomposition of work and aspects of the work that likely affect your estimates. Hedge your bets by comparing the results of different approaches. Find out what to do when an estimate proves wrong. And they will. They're estimates, after all. You'll discover that you can use estimates to warn you of danger so you can take appropriate action in time. Learn some crucial techniques to understand and communicate with those who need to understand. Address both the technical and sociological aspects of estimation, and you'll help your organization achieve its desired goals with less drama and more benefit. What You Need: No software needed, just your past experience and concern for the outcomes.

Project Management for Engineering, Business and Technology

Author : John M. Nicholas
Publisher : Routledge
ISBN 13 : 1000092461
Total Pages : 755 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Project Management for Engineering, Business and Technology by : John M. Nicholas

Download or read book Project Management for Engineering, Business and Technology written by John M. Nicholas and published by Routledge. This book was released on 2020-08-02 with total page 755 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project Management for Engineering, Business and Technology is a highly regarded textbook that addresses project management across all industries. First covering the essential background, from origins and philosophy to methodology, the bulk of the book is dedicated to concepts and techniques for practical application. Coverage includes project initiation and proposals, scope and task definition, scheduling, budgeting, risk analysis, control, project selection and portfolio management, program management, project organization, and all-important "people" aspects—project leadership, team building, conflict resolution, and stress management. The systems development cycle is used as a framework to discuss project management in a variety of situations, making this the go-to book for managing virtually any kind of project, program, or task force. The authors focus on the ultimate purpose of project management—to unify and integrate the interests, resources and work efforts of many stakeholders, as well as the planning, scheduling, and budgeting needed to accomplish overall project goals. This sixth edition features: updates throughout to cover the latest developments in project management methodologies; a new chapter on project procurement management and contracts; an expansion of case study coverage throughout, including those on the topic of sustainability and climate change, as well as cases and examples from across the globe, including India, Africa, Asia, and Australia; and extensive instructor support materials, including an instructor’s manual, PowerPoint slides, answers to chapter review questions and a test bank of questions. Taking a technical yet accessible approach, this book is an ideal resource and reference for all advanced undergraduate and graduate students in project management courses, as well as for practicing project managers across all industry sectors.

Conceptual Cost Estimating Manual

Author : John S. Page
Publisher : Gulf Professional Publishing
ISBN 13 : 9780884152675
Total Pages : 348 pages
Book Rating : 4.1/5 (526 download)

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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:

Means Mechanical Estimating Methods: Takeoff & Pricing for HVAC & Plumbing, Updated 4th Edition

Author : Melville Mossman
Publisher : John Wiley & Sons
ISBN 13 : 0876290179
Total Pages : 404 pages
Book Rating : 4.8/5 (762 download)

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Book Synopsis Means Mechanical Estimating Methods: Takeoff & Pricing for HVAC & Plumbing, Updated 4th Edition by : Melville Mossman

Download or read book Means Mechanical Estimating Methods: Takeoff & Pricing for HVAC & Plumbing, Updated 4th Edition written by Melville Mossman and published by John Wiley & Sons. This book was released on 2007-08-23 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: An easy-to-use tool for estimating heating, ventilating, and air conditioning systems, with up-to-date cost data and estimating examples. This all-in-one reference gives you the accepted standards and procedures for takeoff and pricing HVAC systems, as well as piping, plumbing, and fire protection. Includes all of the major mechanical systems in new building construction. The book will show you how to: Evaluate mechanical plans and specs so you can estimate all cost components Measure, quantify, and perform takeoffs for materials, labor, and equipment Identify and correctly apply direct and indirect costs, including overhead and profit Use forms to improve accuracy and efficiency – with electronic forms now available on the book’s own website Compare materials and methods and select the most cost-effective way to get the job done Train new estimators with clear instructions for estimating the mechanical trades Make the best use of RSMeans Mechanical Cost Data and RSMeans Plumbing Cost Data Organized for easy reference, the book gives you quick access to whatever aspect of mechanical estimating you need. It includes a glossary of mechanical terms and definitions – plus symbols used on mechanical plans, useful formulas, checklists, and conversion tables.

Means Landscape Estimating

Author : Sylvia Hollman Fee
Publisher :
ISBN 13 :
Total Pages : 288 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Means Landscape Estimating by : Sylvia Hollman Fee

Download or read book Means Landscape Estimating written by Sylvia Hollman Fee and published by . This book was released on 1991 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Answers all your questions about preparing competitive landscape construction estimates...Means Landscape Estimating is a thorough, easy-reading, organized working tool that talks you through every step of preparing effective bids and estimates in a minimum of time -plus guidance for planning jobs and marketing your company.Written by an award-winning landscape designer and contractor, this edition of Means Landscape Estimating features an updated sample estimate, new productivity information, and reproducible forms. It includes a chapter on how to use Means Site Work & Landscape Cost Data as a pricing resource.

Software Estimation

Author : Steve McConnell
Publisher : Microsoft Press
ISBN 13 : 0735637032
Total Pages : 466 pages
Book Rating : 4.7/5 (356 download)

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Book Synopsis Software Estimation by : Steve McConnell

Download or read book Software Estimation written by Steve McConnell and published by Microsoft Press. This book was released on 2006-02-22 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Often referred to as the “black art” because of its complexity and uncertainty, software estimation is not as difficult or puzzling as people think. In fact, generating accurate estimates is straightforward—once you understand the art of creating them. In his highly anticipated book, acclaimed author Steve McConnell unravels the mystery to successful software estimation—distilling academic information and real-world experience into a practical guide for working software professionals. Instead of arcane treatises and rigid modeling techniques, this guide highlights a proven set of procedures, understandable formulas, and heuristics that individuals and development teams can apply to their projects to help achieve estimation proficiency. Discover how to: Estimate schedule and cost—or estimate the functionality that can be delivered within a given time frame Avoid common software estimation mistakes Learn estimation techniques for you, your team, and your organization * Estimate specific project activities—including development, management, and defect correction Apply estimation approaches to any type of project—small or large, agile or traditional Navigate the shark-infested political waters that surround project estimates When many corporate software projects are failing, McConnell shows you what works for successful software estimation.

Agile Practice Guide

Author :
Publisher : Project Management Institute
ISBN 13 : 1628253991
Total Pages : 175 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Agile Practice Guide by :

Download or read book Agile Practice Guide written by and published by Project Management Institute. This book was released on 2017-09-06 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agile Practice Guide – First Edition has been developed as a resource to understand, evaluate, and use agile and hybrid agile approaches. This practice guide provides guidance on when, where, and how to apply agile approaches and provides practical tools for practitioners and organizations wanting to increase agility. This practice guide is aligned with other PMI standards, including A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Sixth Edition, and was developed as the result of collaboration between the Project Management Institute and the Agile Alliance.

Realistic Cost Estimating for Manufacturing, 3rd Edition

Author : Michael Lembersky
Publisher : SME
ISBN 13 : 0872638758
Total Pages : 394 pages
Book Rating : 4.8/5 (726 download)

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Book Synopsis Realistic Cost Estimating for Manufacturing, 3rd Edition by : Michael Lembersky

Download or read book Realistic Cost Estimating for Manufacturing, 3rd Edition written by Michael Lembersky and published by SME. This book was released on 2016-01-04 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most effective way to generate an estimate of a new product’s cost engineering change cost, or innovation cost is through a detailed cost investigation. Analysis of the available materials and processes leads to the most economical and financial decisions. Now in its third edition, Realistic Cost Estimating for Manufacturing has been used by students and practitioners since 1968 in this endeavor. Revised and expanded, the book recognizes the extremely important role estimating is playing in today’s highly competitive global economy. Realistic Cost Estimating for Manufacturing provides a survey of the myriad manufacturing processes and practices and combines this with in-depth explanations and examples of costing methods and tools. A comprehensive, standardized approach to their application is given. Among the manufacturing processes surveyed are: machining, casting, stamping, forging, welding, plastics technology, finishing, and rapid prototyping. To develop realistic baseline estimates, an engineering or costing professional must have an in-depth understanding of costing methods and techniques. As a fundamental reference, the book provides insight into the art, science, and functions of cost estimation in a wide range of activities: product design and manufacturing, engineering change control, proposal development, make or buy studies, identifying cost reduction opportunities, component costing, reverse engineering, benchmarking, and examining alternative processes, materials, machines, and tooling. As examples, it will aid the practitioner in efforts to justify the replacement or improvement of existing technology with new creative solutions; perform a feasibility study; develop a basis for cost-oriented decision support; improve supply chain evaluation and sourcing analysis; and minimize costs. The third edition has been greatly enhanced with new chapters and material dedicated to the roles of economics and finance, cost reduction, continuous improvement, plastic parts, electronics cost estimating, costing studies, advanced manufacturing processes, and quality costs. Further, the existing chapters have been significantly expanded to include new processes and operations and examples to enhance learning. Since nontraditional technology is widely applied in manufacturing, its costing aspects are also explored. Five Appendices provide additional information on productivity based on efficiency, cost reduction, matching part features to manufacturing processes, packaging cost, and inspection and measurement costs. As with its previous editions, instructors of cost estimating courses can rely on the book to provide a solid foundation for manufacturing engineering courses and programs of study. The book is also useful for on-the-job training courses for engineers, managers, estimators, designers, and practitioners. It can be applied in seminars and workshops specifically dedicated to product or component cost reduction, alternative cost analysis, engineering change cost control, or proposal development. As in the previous editions, there are multiple equations and calculation examples, as well as end-of-chapter questions to test student’s knowledge. An instructor’s guide is also available.

Electrical Estimating Methods

Author : Wayne J. Del Pico
Publisher : John Wiley & Sons
ISBN 13 : 1118766989
Total Pages : 295 pages
Book Rating : 4.1/5 (187 download)

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Book Synopsis Electrical Estimating Methods by : Wayne J. Del Pico

Download or read book Electrical Estimating Methods written by Wayne J. Del Pico and published by John Wiley & Sons. This book was released on 2014-11-17 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Simplify the estimating process with the latest data, materials, and practices Electrical Estimating Methods, Fourth Edition is a comprehensive guide to estimating electrical costs, with data provided by leading construction database RS Means. The book covers the materials and processes encountered by the modern contractor, and provides all the information professionals need to make the most precise estimate. The fourth edition has been updated to reflect the changing materials, techniques, and practices in the field, and provides the most recent Means cost data available. The complexity of electrical systems can make accurate estimation difficult, but this guide contains all the necessary information in one place. An electrical estimate represents the total cost for materials, labor, overhead and profit, but accuracy is virtually impossible without a basic knowledge of the field, and real-world experience in the type of work required. Inaccurate estimates lead to problems with customer satisfaction, which often create payment issues. A thorough, complete, and accurate estimate is in the best interest of all parties involved in the work. Electrical Estimating Methods provides more than just data. Detailed discussions about the work itself help highlight factors that may escape notice, and access to the latest cost data helps tie everything together. Features include: Discussion of current equipment, materials, and processes Means data for both residential and commercial projects Case studies that illustrate best practices Online access to the latest Means data for fast access on the job The book discusses specific situations as well as general practices, and provides comprehensive guidance to the creation of a true, current, estimation of costs. For electrical contractors and estimators, Electrical Estimating Methods contains must-have content that simplifies the estimating process.