Systems Cost Engineering
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Systems Cost Engineering
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Author : Dale Shermon
language : en
Publisher: Taylor & Francis
Release Date : 2017-03-02
Systems Cost Engineering written by Dale Shermon and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-02 with Business & Economics categories.
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.
Systems Life Cycle Costing
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Author : John V. Farr
language : en
Publisher: CRC Press
Release Date : 2011-06-20
Systems Life Cycle Costing written by John V. Farr and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-20 with Technology & Engineering categories.
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.
Cost Engineering Systems For Manufacturing Enterprises
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Author : Xiaoyi Liu
language : en
Publisher: Springer Nature
Release Date : 2025-07-11
Cost Engineering Systems For Manufacturing Enterprises written by Xiaoyi Liu and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-07-11 with Technology & Engineering categories.
Function, quality and cost are the three core elements of a product. Especially in the future, under the general trend of digitalisation and AI, it is a must for manufacturing companies to establish a complete cost engineering system. Based on 25 years of practical experience and method research in German and Chinese automotive companies, the author systematically introduces cost engineering system, cost engineering methods and their practical applications in the entire product process for the first time in this book, and presents a large number of practical examples of cost optimisation. Looking to the future, like the quality system standard, the cost engineering system also needs a standard for production companies. Cost analysis software, AI + cost engineering are important tools for manufacturing companies to fully and intelligently exploit the potential of cost optimisation.
Applied Cost Engineering
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Author : Forrest Clark
language : en
Publisher: CRC Press
Release Date : 1996-11-05
Applied Cost Engineering written by Forrest Clark and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-11-05 with Technology & Engineering categories.
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 concept of estimate and schedule classification, additional end-of-text case studies, and much more.
Probability Methods For Cost Uncertainty Analysis
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Author : Paul R. Garvey
language : en
Publisher: CRC Press
Release Date : 2016-01-06
Probability Methods For Cost Uncertainty Analysis written by Paul R. Garvey and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-06 with Mathematics categories.
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
Decision Making In Systems Engineering And Management
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Author : Patrick J. Driscoll
language : en
Publisher: John Wiley & Sons
Release Date : 2022-10-25
Decision Making In Systems Engineering And Management written by Patrick J. Driscoll and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-25 with Computers categories.
DECISION MAKING IN SYSTEMS ENGINEERING AND MANAGEMENT A thoroughly updated overview of systems engineering management and decision making In the newly revised third edition of Decision Making in Systems Engineering and Management, the authors deliver a comprehensive and authoritative overview of the systems decision process, systems thinking, and qualitative and quantitative multi-criteria value modeling directly supporting decision making throughout the system lifecycle. This book offers readers major new updates that cover recently developed system modeling and analysis techniques and quantitative and qualitative approaches in the field, including effective techniques for addressing uncertainty. In addition to Excel, six new open-source software applications have been added to illustrate key topics, including SIPmath Modeler Tools, Cambridge Advanced Modeller, SystemiTool2.0, and Gephi 0.9.2. The authors have reshaped the book’s organization and presentation to better support educators engaged in remote learning. New appendices have been added to present extensions for a new realization analysis technique and getting started steps for each of the major software applications. Updated illustrative examples support modern system decision making skills and highlight applications in hardware, organizations, policy, logistic supply chains, and architecture. Readers will also find: Thorough introductions to working with systems, the systems engineering perspective, and systems thinking In-depth presentations of applied systems thinking, including holism, element dependencies, expansive and contractive thinking, and concepts of structure, classification, and boundaries Comprehensive explorations of system representations leading to analysis In-depth discussions of supporting system decisions, including the system decision process (SDP), tradespace methods, multi-criteria value modeling, working with stakeholders, and the system environment Perfect for undergraduate and graduate students studying systems engineering and systems engineering management, Decision Making in Systems Engineering and Management will also earn a place in the libraries of practicing system engineers and researchers with an interest in the topic.
Cost Engineering Health Check
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Author : Dale Shermon
language : en
Publisher: Taylor & Francis
Release Date : 2016-11-03
Cost Engineering Health Check written by Dale Shermon and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-03 with Business & Economics categories.
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.
The Engineer S Cost Handbook
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Author : Richard E. Westney
language : en
Publisher: CRC Press
Release Date : 1997-02-26
The Engineer S Cost Handbook written by Richard E. Westney and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-02-26 with Business & Economics categories.
Offers coverage of each important step in engineering cost control process, from project justification to life-cycle costs. The book describes cost control systems and shows how to apply the principles of value engineering. It explains estimating methodology and the estimation of engineering, engineering equipment, and construction and labour costs; delineates productivity and cash-flow analysis; and more.
Production Systems Engineering Cost And Performance Optimization
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Author : Richard E. Gustavson
language : en
Publisher: McGraw Hill Professional
Release Date : 2010-01-22
Production Systems Engineering Cost And Performance Optimization written by Richard E. Gustavson and has been published by McGraw Hill Professional this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-22 with Technology & Engineering categories.
Optimize Economic and Technological Requirements in Production System Designs This pioneering work offers proven techniques, partially created and developed at The Charles Stark Draper Laboratory, for determining optimal resource allocation and cost-effective production system designs for today’s any-volume manufacturing environments. Production Systems Engineering presents a unique methodology that synthesizes applicable technology with economic requirements for an integrated solution. Featuring real-world case studies, this authoritative resource establishes a new paradigm for the manufacturing world that can also be applied to other enterprise environments. Coverage includes: Determining an improved manufacturing system design method System design basics, time allocation, resources, costs, and quality rating Stochastic analyses added to deterministic results System configuration options Multiple disparate products produced by one system World class versus mostly manual systems Determining allowable investment Simultaneous improvement in yield and cycle-time
Cost Engineering And Pricing In Autonomous Manufacturing Systems
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Author : Hamed Fazlollahtabar
language : en
Publisher: Emerald Group Publishing
Release Date : 2019-03-12
Cost Engineering And Pricing In Autonomous Manufacturing Systems written by Hamed Fazlollahtabar and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-12 with Business & Economics categories.
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.