Download or read book Life Cycle Costing for Engineers written by B.S. Dhillon and published by CRC Press. This book was released on 2009-10-26 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cradle-to-grave analyses are becoming the norm, as an increasing amount of corporations and government agencies are basing their procurement decisions not only on initial costs but also on life cycle costs. And while life cycle costing has been covered in journals and conference proceedings, few, if any, books have gathered this information into an

Download or read book Life Cycle Costing for Engineers written by B.S. Dhillon and published by CRC Press. This book was released on 2009-10-26 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cradle-to-grave analyses are becoming the norm, as an increasing amount of corporations and government agencies are basing their procurement decisions not only on initial costs but also on life cycle costs. And while life cycle costing has been covered in journals and conference proceedings, few, if any, books have gathered this information into an

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 Life Cycle Costing for Design Professionals written by Stephen J. Kirk and published by McGraw-Hill Companies. This book was released on 1995 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised second edition of the standard reference for design professionals supplies an arsenal of economic weapons for constructing, operating, and managing buildings at the lowest cost possible. Everything professionals need to put the latest construction-related strategies to work is right here in one convenient, quick reference guide.

Download or read book Life Cycle Costing for Construction written by J.W. Bull and published by Routledge. This book was released on 2003-10-04 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: The construction industry is becoming increasingly aware of the need to adopt a holistic approach to the design, building, and disposal of structures. With 60 per cent of the total construction budget in most developed countries being spent on repair and maintenance, there is an obvious need to design for reliability and durability, with more carefully planned maintenance and repair schedules. One important facet is to look at how costs are distributed and spent during the lifetime of a structure: an approach known as life cycle costing, which has the ultimate aim of minimising total lifetime expenditure. As an example, choosing an inexpensive coating for steelwork may require maintenance every three years, whereas a coating which is more expensive may require repairing only once per decade. It is a question of balance - taking the lifetime costs of the structure into consideration. This new book provides an insight into how whole life costing is affecting our approach to designing, building, maintaining and disposing of structures. The book is written for consulting engineers in the fields of civil and structural engineering, building designers, architects, quantity surveyors, refurbishing specialists, as well as practising civil and structural engineers engaged in planning, design, construction, repair and refurbishment of structures.

Download or read book Life Cycle Costing for Facilities written by Alphonse Dell'Isola and published by RSMeans. This book was released on 2003-05-30 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive resource provides expert guidance on how Life Cycle Costing (LCC) can optimize decision-making and enhance long-term profit. Sixteen case studies show how to apply LCC to particular facility types and building components, in a new construction and remodeling.

Download or read book Engineering Economics of Life Cycle Cost Analysis written by John Vail Farr and published by CRC Press. This book was released on 2018-10-17 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineering has changed dramatically in the last century. With modern computing systems, instantaneous communication, elimination of low/mid management, increased complexity, and extremely efficient supply chains, all have dramatically affected the responsibilities of engineers at all levels. The future will require cost effective systems that are more secure, interconnected, software centric, and complex. Employees at all levels need to be able to develop accurate cost estimates based upon defensible cost analysis. It is under this backdrop that this book is being written. By presenting the methods, processes, and tools needed to conduct cost analysis, estimation, and management of complex systems, this textbook is the next step beyond basic engineering economics. Features Focuses on systems life cycle costing Includes materials beyond basic engineering economics, such as simulation-based costing Presents cost estimating, analysis, and management from a total ownership cost perspective Offers numerous real-life examples Provides excel based textbook/problems Offers PowerPoint slides, Solutions Manual, and author website with downloadable excel solutions, etc.

Download or read book Life Cycle Costing written by B. Dhillon and published by Routledge. This book was released on 1989-09-11 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Product acquisition involves an examination of the support cost of major equipment over its total life years. Depending on the type of equipment, support costs may range from 10 to 100 times the cost of acquisition. 'Life Cycle Costing: Techniques, Models and Applications' offers a comprehensive approach to the entire field, and treats it in such a way that the reader requires no previous knowledge to understand the contents. It covers all advances and recent progress in life cycle costing from its history and definitions to current approaches. It is fully referenced for deeper study in any specific area (there are over 1150 references with an appendix) and contains more than 50 examples with their solutions. Subjects covered include reliability improvement warranty, computer hardware and software costing, vehicles life cycle costing, reliability engineering, life cycle costing in the aircraft industry, and processing systems costing. This work is intended for all engineers and senior students of engineering or business administration, administrators, cost analysts, researchers, academics, and anyone involved with equipment procurement.

Download or read book Maintenance Costs and Life Cycle Cost Analysis written by Diego Galar and published by CRC Press. This book was released on 2017-09-18 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authors have attempted to create coherent chapters and sections on how the fundamentals of maintenance cost should be organized, to present them in a logical and sequential order. Necessarily, the text starts with importance of maintenance function in the organization and moves to life cycle cost (LCC) considerations followed by the budgeting constraints. In the process, they have intentionally postponed the discussion about intangible costs and downtime costs later on in the book mainly due to the controversial part of it when arguing with managers. The book will be concluding with a short description of a number of sectors where maintenance cost is of critical importance. The goal is to train the readers for a deeper study and understanding of these elements for decision making in maintenance, more specifically in the context of asset management. This book is intended for managers, engineers, researchers, and practitioners, directly or indirectly involved in the area of maintenance. The book is focused to contribute towards better understanding of maintenance cost and use of this knowledge to improve the maintenance process. Key Features: • Emphasis on maintenance cost and life cycle cost especially under uncertainty. • Systematic approach of how cost models can be applied and used in the maintenance field. • Compiles and reviews existing maintenance cost models. • Consequential and direct costs considered. • Comparison of maintenance costs in different sectors, infrastructure, manufacturing, transport.

Download or read book Decision Making in Systems Engineering and Management written by Patrick J. Driscoll and published by John Wiley & Sons. This book was released on 2022-10-25 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Life cycle Cost Analysis and Design of Civil Infrastructure Systems written by Dan M. Frangopol and published by American Society of Civil Engineers. This book was released on 2001-01-01 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Featuring sixteen technical papers and two keynote addresses presented at the August 2000 conference in Honolulu, this book covers a range of studies on life-cycle cost analysis, design, maintenance, and management of civil infrastructure systems. Topics include conceptual design of structural syste

Download or read book Life Cycle Cost Models for Green Buildings written by I.M. Chethana S. Illankoon and published by Butterworth-Heinemann. This book was released on 2020-10-29 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life-Cycle Cost Models for Green Buildings: With Optimal Green Star Credits illustrates the tools and methods for developing a life-cycle cost model that incorporates developer constraints while maximizing the number of credit points achieved. The book identifies the interdependencies among various credits in the Green Star environmental rating system. Afterwards, life-cycle cost is calculated by considering six main central business districts (CBDs) of Australia. The net present value (NPV) technique is used to calculate life-cycle costs. Further, a sensitivity analysis is also carried out for selected credits to identify the changes to life-cycle cost to the changes in discount rate. Once all the life-cycle cost data is calculated, this book illustrates the development of the proposed model using a Java application which allows users to evaluate each key criterion of green buildings separately. The book is designed to provide ample knowledge of the various options available to get green building certification and the further implications in-terms of life-cycle. Provides cost saving and management advice for keeping a green building project operating on time and budget throughout their life-cycle Expertly explains the various options available for gaining green building certification Allows users to build life-cycle cost models which is unique to the project at hand

Download or read book Life Cycle Costing written by John W. Bull and published by Whittles. This book was released on 2015 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: The key areas of life cycle cost analysis (LCCA) and whole life costing (WLC) are exemplified in this volume with accounts of their application to housing stock, a community hydroelectric power system, various aspects of highway infrastructure, and corrosion protective coatings. Sustainable construction and design requires more than compliance with safety requirements and economic constraints; there is also the impact on the environment, the surrounding population, and users of the infrastructure. This requires a multidimensional perspective of sustainability to be considered in life cycle costing (LCC) combining current design criteria with these other aspects. It has become increasingly important to understand the full costs of civil engineering infrastructure, and the main sources of cost, along the whole supply chain and to identify cost reduction opportunities. The conventional procurement approach without the integration of probabilistic life cycle cost modelling induces substantial long-term maintenance costs. Once deterioration and life cycle cost models have been established, appropriate partnership procurement strategies, associated financing methods, and determination of the project period can be developed. LCC includes the cost of planning, design, acquisition, operation, maintenance, and disposal of buildings and other construction assets, while WLC additionally includes incomes and other costs such as non-construction costs and externalities. In whole life costing, social, environmental, or business costs or benefits are considered as externalities and care must be taken not to double count the impacts when WLC is used together with LCCA. The international examples included in this book illustrate practically the methodology of life cycle costing and the application of life cycle cost analysis to identify the most appropriate method for assessing the relative merits of competing project implementation alternatives.

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 314 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 pr

Download or read book Cost Analysis for Engineers and Scientists written by Fariborz Tayyari and published by CRC Press. This book was released on 2021-11-22 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book helps apply managerial accounting techniques to problems in areas including that of cost estimation, cost control, product pricing, and business segment discontinuation. It is a valuable resource for short-term courses and seminars conducted to train professionals and practitioners in engineering and manufacturing cost analysis. Cost Analysis for Engineers and Scientists introduces the fundamentals accounting information systems and manufacturing costs. It also presents product costing and manufacturing cost allocation to individual as well as joint products. The concepts and applications of cost-volume-profit and breakeven analysis for single-product and multiple-products are also discussed. It is intended for engineers, managers, and scientists to apply cost analysis techniques for assessing engineering and financial projects. A solutions manual and PowerPoint slides are available for qualified textbook adoption.

Download or read book Engineering Asset Management written by Dimitris Kiritsis and published by Springer Science & Business Media. This book was released on 2011-02-03 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineering Asset Management discusses state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Fourth World Congress on Engineering Asset Management (WCEAM). It is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering such topics as asset condition monitoring and intelligent maintenance; asset data warehousing, data mining and fusion; asset performance and level-of-service models; design and life-cycle integrity of physical assets; deterioration and preservation models for assets; education and training in asset management; engineering standards in asset management; fault diagnosis and prognostics; financial analysis methods for physical assets; human dimensions in integrated asset management; information quality management; information systems and knowledge management; intelligent sensors and devices; maintenance strategies in asset management; optimisation decisions in asset management; risk management in asset management; strategic asset management; and sustainability in asset management.

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.