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Author:
Publisher:
ISBN:
Category : Highway engineering
Languages : en
Pages : 264
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Book Description
The purpose of this project was to research long-range (parametric) cost estimation at the Colorado Department of Transportation (CDOT), utilizing AASHTO's Trns.port Cost Estimation and Decision Support software. Info Tech, Inc., analysis reviewed CDOT's current long-range estimation practices and identified revisions which would be needed to satisfactorily meet CDOT's future cost estimating requirements, i.e., in order to develop consistent and reliable cost estimates when little is known about a project. Both item and contract classifications utilized by CDOT in BAMS/DSS were revised to reflect more logical functional groupings. The new contract work type and item classification were used directly to develop an Interim Solution for Long-Range Cost Estimation that uses historical bid-based default prices. Info Tech analysts also researched Internet sources to identify the availability of major item cost data at the regional and national level, including data for multimodal project types.
Author:
Publisher:
ISBN:
Category : Highway engineering
Languages : en
Pages : 264
Get Book Here
Book Description
The purpose of this project was to research long-range (parametric) cost estimation at the Colorado Department of Transportation (CDOT), utilizing AASHTO's Trns.port Cost Estimation and Decision Support software. Info Tech, Inc., analysis reviewed CDOT's current long-range estimation practices and identified revisions which would be needed to satisfactorily meet CDOT's future cost estimating requirements, i.e., in order to develop consistent and reliable cost estimates when little is known about a project. Both item and contract classifications utilized by CDOT in BAMS/DSS were revised to reflect more logical functional groupings. The new contract work type and item classification were used directly to develop an Interim Solution for Long-Range Cost Estimation that uses historical bid-based default prices. Info Tech analysts also researched Internet sources to identify the availability of major item cost data at the regional and national level, including data for multimodal project types.
Author: United States. National Aeronautics and Space Administration
Publisher:
ISBN:
Category :
Languages : en
Pages : 100
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Book Description
Author: Gregory K. Mislick
Publisher: John Wiley & Sons
ISBN: 1118802330
Category : Business & Economics
Languages : en
Pages : 342
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Book Description
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.
Author: Rodney D. Stewart
Publisher: John Wiley & Sons
ISBN: 9780471305101
Category : Business & Economics
Languages : en
Pages : 744
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Book Description
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.
Author: Jack Sweeting
Publisher: IChemE
ISBN: 9780852953808
Category : Business & Economics
Languages : en
Pages : 306
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Book Description
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.
Author:
Publisher:
ISBN:
Category : Forests and forestry
Languages : en
Pages : 532
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Book Description
Author:
Publisher:
ISBN:
Category : Disability insurance
Languages : en
Pages : 134
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Book Description
Author:
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 1582
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Book Description
Author:
Publisher:
ISBN:
Category : Industrial engineering
Languages : en
Pages : 100
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Book Description
Author: M. C. Heuston
Publisher:
ISBN:
Category :
Languages : en
Pages : 37
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Book Description
This report presents a summary of an initial phase of a long term study to develop techniques for accurately predicting launch vehicle costs. It is directed toward the cost estimating problem involved in conceptual phase planning of future orbital transportation systems. It is an initial part of a larger research project to develop a computer program cost model for long range planning. Included in this report are descriptions of several aspects of launch vehicle cost models. A survey of the current state of the art in launch vehicle cost estimating techniques is briefly described. Also included is a brief description of the Aerospace Corporation launch vehicle cost model currently under development. The emphasis of this report is on the accuracy or confidence associated with cost estimates calculated by industry launch vehicle cost models. Results are shown of a statistical analysis of the mean and standard deviation of sample model estimates for various cost elements of a liquid and solid launch vehicle program. This sample was obtained with the assistance of several industrial contractors. The variations in the cost estimates are discussed. (Author).
