Systems Cost Engineering

Author : Dale Shermon
Publisher : Routledge
Page : 328 pages
File Size : 51,8 Mb
Release : 2017-03-02
Category : Business & Economics
ISBN : 9781351896474

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Systems Cost Engineering by Dale Shermon Pdf

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.

Author : Dale Shermon
Publisher : Taylor & Francis
Page : 326 pages
File Size : 55,7 Mb
Release : 2017-03-02
Category : Business & Economics
ISBN : 9781351896481

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Systems Cost Engineering by Dale Shermon Pdf

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.

Author : Dale Shermon
Publisher : Gower Publishing, Ltd.
Page : 336 pages
File Size : 55,7 Mb
Release : 2009
Category : Business & Economics
ISBN : 0566088614

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Systems Cost Engineering by Dale Shermon Pdf

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.

Author : Paul R. Garvey,Stephen A. Book,Raymond P. Covert
Publisher : CRC Press
Page : 526 pages
File Size : 43,6 Mb
Release : 2016-01-06
Category : Mathematics
ISBN : 9781482219760

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Probability Methods for Cost Uncertainty Analysis by Paul R. Garvey,Stephen A. Book,Raymond P. Covert Pdf

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

Author : Hamed Fazlollahtabar,Mohammed Saidi-Mehrabad
Publisher : Emerald Group Publishing
Page : 180 pages
File Size : 55,6 Mb
Release : 2019-03-12
Category : Business & Economics
ISBN : 9781789734690

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Cost Engineering and Pricing in Autonomous Manufacturing Systems by Hamed Fazlollahtabar,Mohammed Saidi-Mehrabad Pdf

The book focuses on analyzing and proposing costing and pricing models to be used in autonomous manufacturing systems with respect to different effective parameters and factors in such a high tech environment within some applied cases.

Author : Howard Eisner
Publisher : CRC Press
Page : 73 pages
File Size : 50,8 Mb
Release : 2021-12-20
Category : Technology & Engineering
ISBN : 9781000532784

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Cost-Effectiveness Analysis by Howard Eisner Pdf

This book provides an overview of cost-effectiveness analysis, which is a well-known and intuitive method for defining and choosing among a set of alternatives. This book relates cost-effectiveness analysis to systems engineering to solve everyday problems at home and the office. It can also be used in technical processes, system design, and project management. Cost-Effectiveness Analysis: A Systems Engineering Perspective starts with providing an overview and background of cost-effectiveness analysis and how it’s used. It then goes on to discuss cost-effectiveness concerning systems engineering and links its use to resolving military issues and problems. The book comes to an end with exploring the usage related to systems architecting, re-engineering office systems, and comparing its use to everyday life decision-making scenarios. Targeted market includes general engineers, systems engineers, process engineers, project management, scientists, technologists, mathematicians, and lawyers.

Author : John V. Farr
Publisher : CRC Press
Page : 318 pages
File Size : 45,6 Mb
Release : 2011-06-20
Category : Technology & Engineering
ISBN : 9781439828915

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Systems Life Cycle Costing by John V. Farr Pdf

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.

Author : Anonim
Publisher : Unknown
Page : 594 pages
File Size : 55,8 Mb
Release : 1985
Category : Costs, Industrial
ISBN : UOM:39015018274822

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Cost Engineering by Anonim Pdf

Author : Dale Shermon,Mark Gilmour
Publisher : Taylor & Francis
Page : 184 pages
File Size : 53,8 Mb
Release : 2016-11-03
Category : Business & Economics
ISBN : 9781317159049

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Cost Engineering Health Check by Dale Shermon,Mark Gilmour Pdf

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.

Author : Gideon Samid
Publisher : CRC Press
Page : 440 pages
File Size : 49,5 Mb
Release : 2020-07-24
Category : Business & Economics
ISBN : 9781000147643

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Computer-Organized Cost Engineering by Gideon Samid Pdf

Providing a sequence of steps for matching cost engineering needs with helpful computer tools, this reference addresses the issues of project complexity and uncertainty; cost estimation, scheduling, and cost control; cost and result uncertainty; engineering and general purpose software; utilities th

Author : Forrest Clark,A.B. Lorenzoni
Publisher : CRC Press
Page : 442 pages
File Size : 41,6 Mb
Release : 1996-11-05
Category : Technology & Engineering
ISBN : 0824798007

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Applied Cost Engineering, Third Edition by Forrest Clark,A.B. Lorenzoni Pdf

This thoroughly rewritten and updated third edition offers comprehensive coverage of cost engineering, emphasizing capital projects and focusing on both estimating and cost control. Maintaining and enhancing the style of presentation that made the previous editions so popular, Applied Cost Engineering, Third Edition furnishes an entirely new and cost-effective approach to estimating and controlling contingency, a new chapter on systems and computer applications, a new chapter on bulk material control, expanded coverage of the factors that affect estimate accuracy, an introduction to the novel concept of estimate and schedule classification, additional end-of-text case studies, and much more.

Author : Chris Domanski
Publisher : CRC Press
Page : 123 pages
File Size : 50,6 Mb
Release : 2020-04-28
Category : Technology & Engineering
ISBN : 9781000047837

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Cost Engineering by Chris Domanski Pdf

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. .

Author : Fariborz Tayyari
Publisher : CRC Press
Page : 184 pages
File Size : 44,6 Mb
Release : 2021-11-22
Category : Business & Economics
ISBN : 9780429778179

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Cost Analysis for Engineers and Scientists by Fariborz Tayyari Pdf

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.

Author : Samuel Labi
Publisher : John Wiley & Sons
Page : 1060 pages
File Size : 53,7 Mb
Release : 2014-04-07
Category : Technology & Engineering
ISBN : 9780470530634

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Introduction to Civil Engineering Systems by Samuel Labi Pdf

This book presents an integrated systems approach to the evaluation, analysis, design, and maintenance of civil engineering systems. Addressing recent concerns about the world's aging civil infrastructure and its environmental impact, the author makes the case for why any civil infrastructure should be seen as part of a larger whole. He walks readers through all phases of a civil project, from feasibility assessment to construction to operations, explaining how to evaluate tasks and challenges at each phase using a holistic approach. Unique coverage of ethics, legal issues, and management is also included.

Author : Anghel Patrascu
Publisher : CRC Press
Page : 516 pages
File Size : 53,5 Mb
Release : 1988-03-30
Category : Technology & Engineering
ISBN : 0824778278

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Construction Cost Engineering Handbook by Anghel Patrascu Pdf

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.