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. .

Download or read book Cost Engineering Management Techniques written by Black and published by CRC Press. This book was released on 1984-05-11 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Target Costing and Value Engineering written by Robin Cooper and published by Routledge. This book was released on 2017-10-19 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.)

Download or read book Business Strategies and Approaches for Effective Engineering Management written by Saeed, Saqib and published by IGI Global. This book was released on 2013-03-31 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Successful engineering projects require a clear vision and long term strategy. Therefore, effective business initiatives have been applied to the engineering environment in order to enhance its management perspectives. Business Strategies and Approaches for Effective Engineering Management brings together the latest methodologies, principles, practices, and tools for engineering management. By providing theoretical analysis and practical applications, this book is a useful reference for industry experts, researchers, and academicians regarding progressive strategies for successful management.

Download or read book Effective Project Management Through Applied Cost and Schedule Control written by James Bent and published by CRC Press. This book was released on 1996-05-01 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 experience and analytical ability of project personnel; and the commitment and teamwork of a project group.

Download or read book Construction Cost Analysis and Estimating written by Phillip F. Ostwald and published by Pearson. This book was released on 2001 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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.

Download or read book Successful Engineering Management written by Tyler Gregory Hicks and published by McGraw-Hill Companies. This book was released on 1966 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Effective Project Management Through Applied Cost and Schedule Control written by James Bent and published by CRC Press. This book was released on 1996-05-01 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book Skills and Knowledge of Cost Engineering 6th Edition written by Markarand Hastak and published by . This book was released on 2015-12-10 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Offshore Projects and Engineering Management written by Mohamed A. El-Reedy and published by Gulf Professional Publishing. This book was released on 2021-06-18 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book Design to Cost written by Jack V. Michaels and published by John Wiley & Sons. This book was released on 1991-01-16 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to accurately estimate, in advance, the cost of producing products or services by means of the design-to-cost method, which systematically constrains design goals according to available funds. This book shows how to use value engineering, cost estimating, and cost control to devise, and adhere to, realistic cost goals. Touches on techniques from management methods to specific engineering approaches, and provides actual case studies of projects and services that have now become affordable through the application of the design-to-cost method.

Download or read book Integrated Design and Cost Management for Civil Engineers written by Andrew Whyte and published by CRC Press. This book was released on 2014-08-13 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: Find Practical Solutions to Civil Engineering Design and Cost Management Problems A guide to successfully designing, estimating, and scheduling a civil engineering project, Integrated Design and Cost Management for Civil Engineers shows how practicing professionals can design fit-for-use solutions within established time frames and reliable budgets. This text combines technical compliance with practical solutions in relation to cost planning, estimating, time, and cost control. It incorporates solutions that are technically sound as well as cost effective and time efficient. It focuses on the integration of design and construction based on solid engineering foundations contained within a code of ethics, and navigates engineers through the complete process of project design, pricing, and tendering. Well illustrated The book uses cases studies to illustrate principles and processes. Although they center on Australasia and Southeast Asia, the principles are internationally relevant. The material details procedures that emphasize the correct quantification and planning of works, resulting in reliable cost and time predictions. It also works toward minimizing the risk of losing business through cost blowouts or losing profits through underestimation. This Text Details the Quest for Practical Solutions That: Are cost effective Can be completed within a reasonable timeline Conform to relevant quality controls Are framed within appropriate contract documents Satisfy ethical professional procedures, and Address the client’s brief through a structured approach to integrated design and cost management Designed to help civil engineers develop and apply a multitude of skill bases, Integrated Design and Cost Management for Civil Engineers can aid them in maintaining relevancy in appropriate design justifications, guide work tasks, control costs, and structure project timelines. The book is an ideal link between a civil engineering course and practice.

Download or read book Intelligent Techniques in Engineering Management written by Cengiz Kahraman and published by Springer. This book was released on 2015-05-05 with total page 747 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents recently developed intelligent techniques with applications and theory in the area of engineering management. The involved applications of intelligent techniques such as neural networks, fuzzy sets, Tabu search, genetic algorithms, etc. will be useful for engineering managers, postgraduate students, researchers, and lecturers. The book has been written considering the contents of a classical engineering management book but intelligent techniques are used for handling the engineering management problem areas. This comprehensive characteristics of the book makes it an excellent reference for the solution of complex problems of engineering management. The authors of the chapters are well-known researchers with their previous works in the area of engineering management.

Download or read book The Cost written by Chris Domanski and published by Business Expert Press. This book was released on 2020-12-07 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Cost is for those in the cost engineering field and everyone who is in a manufacturing business: engineers, buyers, sales reps, accountants, operations folks, and business consultants. The Cost is a story of a cost engineering consultant named Doug Benson who does his best to help companies understand and improve cost. When Doug arrives at Electronica, the company is on a verge of bankruptcy and hardly even knows why. He must use all his cost engineering knowledge and leadership skills amidst some considerable corporate drama all the while fighting his own personal demons in order to give Electronica a chance. The type of situations that he finds himself in are happening all over the world every day and the results are often dramatic with people losing jobs, stakeholders losing millions of dollars, and communities losing hope. The Cost is not only for those in the cost engineering field. This book is for everyone in a manufacturing business. It is for engineers, buyers, sales reps, accountants, operations folks, and business consultants. This book is also for anyone that is leading a business and has the power to employ cost engineering to make their company successful.

Download or read book Modern Cost engineering Techniques written by Herbert Popper and published by . This book was released on 1970 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Engineering Management written by C. M. Chang and published by CRC Press. This book was released on 2016-11-25 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineering Management: Meeting the Global Challenges prepares engineers to fulfill their managerial responsibilities, acquire useful business perspectives, and take on the much-needed leadership roles to meet the challenges in the new millennium. Value addition, customer focus, and business perspectives are emphasized throughout. Also underlined are discussions of leadership attributes, steps to acquire these attributes, the areas engineering managers are expected to add value, the web-based tools which can be aggressively applied to develop and sustain competitive advantages, the opportunities offered by market expansion into global regions, and the preparations required for engineering managers to become global leaders. The book is organized into three major sections: functions of engineering management, business fundamentals for engineering managers, and engineering management in the new millennium. This second edition refocuses on the new strategy for science, technology, engineering, and math (STEM) professionals and managers to meet the global challenges through the creation of strategic differentiation and operational excellence. Major revisions include a new chapter on creativity and innovation, a new chapter on operational excellence, and combination of the chapters on financial accounting and financial management. The design strategy for this second edition strives for achieving the T-shaped competencies, with both broad-based perspectives and in-depth analytical skills. Such a background is viewed as essential for STEM professionals and managers to exert a strong leadership role in the dynamic and challenging marketplace. The material in this book will surely help engineering managers play key leadership roles in their organizations by optimally applying their combined strengths in engineering and management.