Cost Estimating And Analysis

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Cost Estimation

Author : Gregory K. Mislick,Daniel A. Nussbaum
Publisher : John Wiley & Sons
Page : 344 pages
File Size : 52,9 Mb
Release : 2015-04-27
Category : Business & Economics
ISBN : 9781118802335

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Cost Estimation by Gregory K. Mislick,Daniel A. Nussbaum Pdf

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.

Cost Analysis and Estimating

Author : Willis R., Jr. Greer,Daniel A. Nussbaum
Publisher : Springer Science & Business Media
Page : 302 pages
File Size : 43,8 Mb
Release : 2012-12-06
Category : Mathematics
ISBN : 9781461209959

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Cost Analysis and Estimating by Willis R., Jr. Greer,Daniel A. Nussbaum Pdf

Changes in production processes reflect the technological advances permeat ing our products and services. U. S. industry is modernizing and automating. In parallel, direct labor is fading as the primary cost driver while engineering and technology related cost elements loom ever larger. Traditional, labor-based ap proaches to estimating costs are losing their relevance. Old methods require aug mentation with new estimating tools and techniques that capture the emerging environment. This volume represents one of many responses to this challenge by the cost analysis profession. The Institute of Cost Analysis (lCA) is dedicated to improving the effective ness of cost and price analysis and enhancing the professional competence of its members. We encourage and promote exchange of research findings and appli cations between the academic community and cost professionals in industry and government. The 1990 National Meeting in Los Angeles, jointly spo~sored by ICA and the National Estimating Society (NES), provides such a forum. Presen tations will focus on new and improved tools and techniques of cost analysis. This volume is the second in a series. The first was produced in conjunction with the 1989 National Meeting of ICA/NES in Washington, D.C. The articles in this volume, all refereed, were selected from about 100 submitted for presen tation at the Los Angeles meeting.

Construction Cost Analysis and Estimating

Author : Phillip F. Ostwald
Publisher : Pearson
Page : 488 pages
File Size : 49,5 Mb
Release : 2001
Category : Business & Economics
ISBN : UOM:39015050299679

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Construction Cost Analysis and Estimating by Phillip F. Ostwald Pdf

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.

Cost Estimating and Analysis

Author : Thomas R. Gulledge,William P. Hutzler,Joan S. Lovelace
Publisher : Springer Science & Business Media
Page : 291 pages
File Size : 51,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461229360

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Cost Estimating and Analysis by Thomas R. Gulledge,William P. Hutzler,Joan S. Lovelace Pdf

Cost analysis and estimating is a vital part of the running of all organizations, both commercial and government. This volume comprises the proceedings of the 1992 conference of the Society for Cost Estimating and Analysis. Individual chapters are written by experts in their respective fields. Consequently, the volume as a whole provides an invaluable and up-to-date survey of the field.

Cost Estimating

Author : Rodney D. Stewart
Publisher : John Wiley & Sons
Page : 456 pages
File Size : 50,7 Mb
Release : 1991
Category : Business & Economics
ISBN : 0471857076

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Cost Estimating by Rodney D. Stewart Pdf

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.

Cost Analysis and Estimating

Author : Roland Kankey,Jane Robbins
Publisher : Springer Science & Business Media
Page : 160 pages
File Size : 40,8 Mb
Release : 2012-12-06
Category : Mathematics
ISBN : 9781461232025

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Cost Analysis and Estimating by Roland Kankey,Jane Robbins Pdf

The environment for today's cost estimator and analyst is certainly very challenging. Computerization, software, robots, composites, uncertainty, and inte grated systems all challenge the applicability of our existing tools and techniques. These Proceedings serve to document some of the completed and on-going re search in the dynamic world of costing. This document is published in conjunction with the first Society of Cost Es timating and Analysis (SCEA) National Conference, held in Boston, MA, June 19-21,1991. It serves to foster and promote cost research, and to provide a forum to report these findings in furtherance of public interest. This volume is the third of the series. The first and second were published in conjunction with the 1989 ICNNES Joint Conference in Washington, D.C., and the 1990 ICNNES Joint Conference in Los Angeles. My thanks to our Editors, Professor Jane Robbins and Dr. Roland Kankey; our Managing Editor, Mr. Frank Hett; the Program Chair, Ms. Ann-Marie Sweet; and all those who contributed. R. R. Crum, President Society of Cost Estimating and Analysis PREFACE We wish to thank the professionals who submitted papers to us for review. As any editor will indicate, you cannot review or publish papers that are not sub mitted. The articles in this Proceedings successfully completed the referee process. Each of these authors was rewarded by an additional cycle of minor changes, word processing, and express mailings.

Cost Analysis and Estimating for Engineering and Management

Author : Phillip F. Ostwald,Timothy S. McLaren
Publisher : Prentice Hall
Page : 608 pages
File Size : 46,7 Mb
Release : 2004
Category : Business & Economics
ISBN : UOM:39015059970023

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Cost Analysis and Estimating for Engineering and Management by Phillip F. Ostwald,Timothy S. McLaren Pdf

The authors present the latest principles and techniques for the evaluation of engineering design. The text is suitable for undergraduate or graduate courses in cost estimating in engineering, management and technology settings.

Project Cost Estimating

Author : Jack Sweeting
Publisher : IChemE
Page : 306 pages
File Size : 40,8 Mb
Release : 1997
Category : Business & Economics
ISBN : 0852953801

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Project Cost Estimating by Jack Sweeting Pdf

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.

Realistic Cost Estimating for Manufacturing, 3rd Edition

Author : Michael Lembersky
Publisher : SME
Page : 394 pages
File Size : 40,9 Mb
Release : 2016-01-04
Category : Technology & Engineering
ISBN : 9780872638754

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Realistic Cost Estimating for Manufacturing, 3rd Edition by Michael Lembersky Pdf

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.

Engineering Economics of Life Cycle Cost Analysis

Author : John Vail Farr,Isaac Faber
Publisher : CRC Press
Page : 356 pages
File Size : 43,9 Mb
Release : 2018-10-17
Category : Education
ISBN : 9780429881237

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Engineering Economics of Life Cycle Cost Analysis by John Vail Farr,Isaac Faber Pdf

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.

RSMeans Estimating Handbook

Author : Barbara Balboni,John Chiang,R.S. Means Company
Publisher : Unknown
Page : 935 pages
File Size : 53,6 Mb
Release : 2009
Category : Electronic
ISBN : 1613446268

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RSMeans Estimating Handbook by Barbara Balboni,John Chiang,R.S. Means Company Pdf

GAO Cost Estimating and Assessment Guide

Author : Barry Leonard
Publisher : DIANE Publishing
Page : 438 pages
File Size : 55,7 Mb
Release : 2009-11
Category : Electronic
ISBN : 9781437917024

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GAO Cost Estimating and Assessment Guide by Barry Leonard Pdf

To use public funds effectively, the gov¿t. must meet the demands of today's changing world by employing effective mgmt. practices and processes, including the measurement of gov¿t. program performance. Legislators, gov¿t. officials, and the public want to know whether gov¿t. programs are achieving their goals and what their costs are. To make those evaluations, reliable cost information is required and fed. standards have been issued for the cost accounting that is needed to prepare that information. This Cost Guide has been developed in order to establish a consistent methodology that is based on best practices and that can be used across the fed. gov¿t. for developing, managing, and evaluating capital program cost estimates. Illustrations.

Cost Analysis and Estimating

Author : Roland Kankey,Jane Robbins
Publisher : Springer
Page : 154 pages
File Size : 44,5 Mb
Release : 1991-07-01
Category : Mathematics
ISBN : 0387976590

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Cost Analysis and Estimating by Roland Kankey,Jane Robbins Pdf

The environment for today's cost estimator and analyst is certainly very challenging. Computerization, software, robots, composites, uncertainty, and inte grated systems all challenge the applicability of our existing tools and techniques. These Proceedings serve to document some of the completed and on-going re search in the dynamic world of costing. This document is published in conjunction with the first Society of Cost Es timating and Analysis (SCEA) National Conference, held in Boston, MA, June 19-21,1991. It serves to foster and promote cost research, and to provide a forum to report these findings in furtherance of public interest. This volume is the third of the series. The first and second were published in conjunction with the 1989 ICNNES Joint Conference in Washington, D.C., and the 1990 ICNNES Joint Conference in Los Angeles. My thanks to our Editors, Professor Jane Robbins and Dr. Roland Kankey; our Managing Editor, Mr. Frank Hett; the Program Chair, Ms. Ann-Marie Sweet; and all those who contributed. R. R. Crum, President Society of Cost Estimating and Analysis PREFACE We wish to thank the professionals who submitted papers to us for review. As any editor will indicate, you cannot review or publish papers that are not sub mitted. The articles in this Proceedings successfully completed the referee process. Each of these authors was rewarded by an additional cycle of minor changes, word processing, and express mailings.

Cost Estimating and Contract Pricing

Author : Gregory A. Garrett
Publisher : Wolters Kluwer
Page : 306 pages
File Size : 43,5 Mb
Release : 2008-01-01
Category : Law
ISBN : 9780808018193

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Cost Estimating and Contract Pricing by Gregory A. Garrett Pdf

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

Conceptual Cost Estimating Manual

Author : John S. Page
Publisher : Gulf Professional Publishing
Page : 348 pages
File Size : 48,6 Mb
Release : 1996-06-14
Category : Technology & Engineering
ISBN : 0884152677

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Conceptual Cost Estimating Manual by John S. Page Pdf