Cost Engineering Management Techniques

Cost Engineering Management Techniques PDF Author: Black
Publisher: CRC Press
ISBN: 9780824770884
Category : Technology & Engineering
Languages : en
Pages : 280

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Book Description

Cost Engineering Management Techniques

Cost Engineering Management Techniques PDF Author: Black
Publisher: CRC Press
ISBN: 9780824770884
Category : Technology & Engineering
Languages : en
Pages : 280

Get Book

Book Description


Cost Engineering

Cost Engineering PDF Author: Chris Domanski
Publisher: CRC Press
ISBN: 1000047830
Category : Technology & Engineering
Languages : en
Pages : 123

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Book Description
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. .

Construction Cost Analysis and Estimating

Construction Cost Analysis and Estimating PDF Author: Phillip F. Ostwald
Publisher: Pearson
ISBN:
Category : Business & Economics
Languages : en
Pages : 488

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Book Description
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.

Target Costing and Value Engineering

Target Costing and Value Engineering PDF Author: Robin Cooper
Publisher: Routledge
ISBN: 1351411764
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
What would happen if everyone in your company followed a disciplined approach to cost reduction? Go ahead -- imagine it. What would it look like? How can it be done? The answer -- smart cost management. Effective cost management must start at the design stage. As much as 90-95% of a product's costs are added in the design process. That is why effective cost management programs focus on design and manufacturing. The primary cost management method to control cost during design is a combination of target costing and value engineering. Target Costing Objectives: Identify the cost at which your product must be manufactured at if it is to earn its profit margin at its expected target selling price. Break the target cost down to its component level and have your suppliers find ways to deliver the components they sell you at the set target prices while still making adequate returns. Value Engineering: The connection to function: An organized effort and team based approach to analyze the functions of goods and services that the design stage, and find ways to achieve those functions in a manner that allows the firm to meet its target costs. The result: Added value for your company (development costs on-line with added value for your company; development costs on-line with selling prices) and added value for your customer (higher quality products that meet, possibly even exceed, customer expectations.)

Effective Project Management Through Applied Cost and Schedule Control

Effective Project Management Through Applied Cost and Schedule Control PDF Author: James Bent
Publisher: CRC Press
ISBN: 1482273519
Category : Business & Economics
Languages : en
Pages : 477

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Book Description
This work outlines a state-of-the-art project control and trending programme, focusing on advanced applied-cost and schedule-control skills for all phases of a project at both owner and contractor level. It contains information on the three major aspects of the total project programme: the techniques and procedures utilized for a project; the exper

Cost Management of Capital Projects

Cost Management of Capital Projects PDF Author: Kurt Heinze
Publisher: Routledge
ISBN: 1351457667
Category : Technology & Engineering
Languages : en
Pages : 663

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Book Description
Aiming to bridge the gap between the quantitative viewpoint of management science and the practical, day-to-day needs of project cost management, this text offers coverage of an integrated cost management programme. It presents the use of method study techniques to increase the effectiveness of procedures and improve the productivity of resources, emphasizing a systematic approach to cost control.

Offshore Projects and Engineering Management

Offshore Projects and Engineering Management PDF Author: Mohamed A. El-Reedy
Publisher: Gulf Professional Publishing
ISBN: 0323899986
Category : Science
Languages : en
Pages : 266

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Book Description
Offshore Projects and Engineering Management delivers a critical training tool for engineers on how to prepare cost estimates and understand the most recent management methods. Specific to the oil and gas offshore industry, the reference dives into project economics, interface management and contracts. Methods for analyzing risk, activity calculations and risk response strategies are covered for offshore, FPSO and pipelines. Supported with case studies, detailed discussions, and practical applications, this comprehensive book gives oil and gas managers a management toolbox to extend asset life, reduce costs and minimalize impact to personnel and environment. Oil and gas assets are under constant pressure and engineers and managers need engineering management training and strategies to ensure their operations are safe and cost effective. This book helps manage the ramp up to the management of offshore structures. Discusses engineering management for new and existing offshore platforms, including FPSOs and subsea pipelines Presents everything a reader needs to understand the most recent PMP modules and management methods Provides the best tools, tactics and forms through several practical case studies

Systems Life Cycle Costing

Systems Life Cycle Costing PDF Author: John V. Farr
Publisher: CRC Press
ISBN: 1439828911
Category : Technology & Engineering
Languages : en
Pages : 318

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Book Description
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.

Skills and Knowledge of Cost Engineering 6th Edition

Skills and Knowledge of Cost Engineering 6th Edition PDF Author: Markarand Hastak
Publisher:
ISBN: 9781518707278
Category :
Languages : en
Pages : 468

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Book Description
AACE International is proud to offer Skills and Knowledge of Cost Engineering, 6th Edition. This Education Board publication provides comprehensive and in-depth information on a wide range of cost engineering subjects and will prove to be a valuable resource to any individual seeking professional growth or pursuing an AACE International certification. The authors of the individual chapters are well-known and well-respected members of the cost engineering community, who brought their knowledge and wealth of experience to the creation of this publication. This publication offers six sections comprising 34 chapters of content on topics such as cost estimating, project planning, value engineering, and strategic asset management, to name a few.

Industrial Project Management

Industrial Project Management PDF Author: Adedeji Badiru
Publisher: CRC Press
ISBN: 0849387728
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
Book of the Month Award---Industrial Engineering Magazine Whatever your business, getting the work done on time can make or break your organization. The faster the world moves, the more this becomes important. The expanding utility and relevance of project management has lead to its emergence as a separate body of knowledge embraced by various disc