Systems Cost Engineering

Author : Dale Shermon
Publisher : Routledge
ISBN 13 : 1351896474
Total Pages : 328 pages
Book Rating : 4.74/5 ( download)

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Download or read book Systems Cost Engineering written by Dale Shermon and published by Routledge. This book was released on 2017-03-02 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
ISBN 13 : 1351896482
Total Pages : 326 pages
Book Rating : 4.81/5 ( download)

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Download or read book Systems Cost Engineering written by Dale Shermon and published by Taylor & Francis. This book was released on 2017-03-02 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
ISBN 13 : 9780566088612
Total Pages : 336 pages
Book Rating : 4.14/5 ( download)

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Download or read book Systems Cost Engineering written by Dale Shermon and published by Gower Publishing, Ltd.. This book was released on 2009 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Publisher : CRC Press
ISBN 13 : 148221976X
Total Pages : 526 pages
Book Rating : 4.60/5 ( download)

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Download or read book Probability Methods for Cost Uncertainty Analysis written by Paul R. Garvey and published by CRC Press. This book was released on 2016-01-06 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : John V. Farr
Publisher : CRC Press
ISBN 13 : 1439828911
Total Pages : 318 pages
Book Rating : 4.15/5 ( download)

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Download or read book Systems Life Cycle Costing written by John V. Farr and published by CRC Press. This book was released on 2011-06-20 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Howard Eisner
Publisher : John Wiley & Sons
ISBN 13 : 1118276345
Total Pages : 516 pages
Book Rating : 4.41/5 ( download)

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Download or read book Essentials of Project and Systems Engineering Management written by Howard Eisner and published by John Wiley & Sons. This book was released on 2011-11-17 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Third Edition of Essentials of Project and Systems Engineering Management enables readers to manage the design, development, and engineering of systems effectively and efficiently. The book both defines and describes the essentials of project and systems engineering management and, moreover, shows the critical relationship and interconnection between project management and systems engineering. The author's comprehensive presentation has proven successful in enabling both engineers and project managers to understand their roles, collaborate, and quickly grasp and apply all the basic principles. Readers familiar with the previous two critically acclaimed editions will find much new material in this latest edition, including: Multiple views of and approaches to architectures The systems engineer and software engineering The acquisition of systems Problems with systems, software, and requirements Group processes and decision making System complexity and integration Throughout the presentation, clear examples help readers understand how concepts have been put into practice in real-world situations. With its unique integration of project management and systems engineering, this book helps both engineers and project managers across a broad range of industries successfully develop and manage a project team that, in turn, builds successful systems. For engineering and management students in such disciplines as technology management, systems engineering, and industrial engineering, the book provides excellent preparation for moving from the classroom to industry.

Author : Howard Eisner
Publisher : CRC Press
ISBN 13 : 100053278X
Total Pages : 73 pages
Book Rating : 4.84/5 ( download)

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Download or read book Cost-Effectiveness Analysis written by Howard Eisner and published by CRC Press. This book was released on 2021-12-20 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Chris Domanski
Publisher : CRC Press
ISBN 13 : 1000047830
Total Pages : 123 pages
Book Rating : 4.37/5 ( download)

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Download or read book Cost Engineering written by Chris Domanski and published by CRC Press. This book was released on 2020-04-28 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Anghel Patrascu
Publisher : CRC Press
ISBN 13 : 9780824778279
Total Pages : 516 pages
Book Rating : 4.78/5 ( download)

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Download or read book Construction Cost Engineering Handbook written by Anghel Patrascu and published by CRC Press. This book was released on 1988-03-30 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Richard E. Westney
Publisher : CRC Press
ISBN 13 : 9780824797966
Total Pages : 776 pages
Book Rating : 4.65/5 ( download)

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Download or read book The Engineer's Cost Handbook written by Richard E. Westney and published by CRC Press. This book was released on 1997-02-26 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.