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Cost estimating:

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Bibliographic Details
Main Author:	Stewart, Rodney D. (Author)
Format:	Book
Language:	English
Published:	New York u.a. Wiley 1991
Edition:	2. ed.
Series:	New dimensions in engineering A Wiley-Interscience publication
Subjects:	Coût de production - Devis estimatifs Ingénierie - Devis estimatifs Costs, Industrial > Estimates Industriebetrieb Kostenschätzung
Online Access:	Inhaltsverzeichnis
Physical Description:	XXI, 359 S. graph. Darst.
ISBN:	0471857076

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MARC


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adam_text	CONTENTS Foreword xiii Preface to the Second Edition xv Preface to the First Edition xvii List of Software Trademarks xix 1 WHY COST ESTIMATING 1 Estimating in a World of Limited Resources 1 Increased Productivity as a Solution 3 Productivity and the Profit Motive 4 At Stake, the Organization s Reputation 5 In Depth Cost Estimating 6 Fighting Inflation and Escalation 7 The Cost Estimate as a Planning Tool 8 Possible: A Standardized Basic Estimating Procedure 9 Questions 9 2 THE BASICS OF ESTIMATING 10 Four Kinds of Work Output 10 Cost Estimating Defined 13 Cost and Price Explained 14 The Estimating Process: Ingredients and Tools Required 14 The Cost Estimator: The Human Element 18 The Anatomy of an Estimate 19 Discussion of Types of Costs 24 Collecting the Ingredients of the Estimate 26 Notes 31 Questions 31 vii viii CONTENTS 3 DEFINING THE WORK 33 The First Questions to Ask (and Why) 33 The Estimate Skeleton: The Work Breakdown Structure 35 The Hierarchical Relationship of a Work Breakdown Structure 36 Functional Elements 36 Physical Elements 36 Treatment of Recurring and Nonrecurring Activities 39 Work Breakdown Structure Interrelationships 40 Defining the Estimate Ingredients 41 Building in Cost Effectiveness 43 Note 45 Questions 45 4 THE TOOLS REQUIRED FOR ESTIMATING 47 Four Basic Tools 47 Information to Be Collected Before Starting an Estimate 48 Methods Used in the Estimating Process 50 The Technology Improvement Function 57 Establishing an Estimate Schedule 63 Needed Estimating Skills 65 Notes 68 Questions 68 5 FORMULATING THE SCHEDULE, ESTIMATE ELEMENTS, AND GROUND RULES 70 Timing: Key to a Cost Competitive Output 70 Delivery or Availability Keyed to Need Dates 71 Developing a Schedule 71 Techniques Used in Schedule Planning 71 Time Phasing of Skills, a Vital Concept 74 Schedule and Skill Interactions Within a Multioutput Organization 74 Treatment of Long Lead Time Items 75 Make or Buy Decisions 75 Product Development and Production Schedules 75 Establishing the Estimate Elements 76 Analysis of a Request for Proposal 82 Work Breakdown Structure Dictionary 83 Treatment of Other Necessary Ground Rules 84 The Relationship Between Risk and Cash Flow and Potential Market 157 Quantitative Approaches to Risk Analysis 160 Decision Tree Analysis 168 Risk Analysis in the Public and Utility Sector 170 The Effect of the Type of Contract on Profit 172 Effective Bidding and Management for Maximum Profit 174 Questions 174 9 REVIEWING, PUBLISHING, AND USING THE ESTIMATE 177 Reviewing the Estimate 178 Compiling and Pricing the Estimate 182 The Time Phased Summary of Cost 184 Special Labor Hours and Material Summaries 184 Organizing the Estimate Elements 185 Computing the Estimate 186 Publishing the Estimate 188 Using the Estimate 189 Questions 191 10 LIFE CYCLE COSTING, DESIGN TO COST, AND VALUE ENGINEERING 192 Examples of Life Cycle Cost Applications 196 Life Cycle Costing as Used in Large High Technology Projects 201 Design to Cost and Value Engineering 204 Notes 208 Questions 208 11 UNDERSTANDING AND DEALING WITH INFLATION AND ESCALATION 210 Inflation: Its History, Causes, and Effects 210 Escalation: Its Causes and Effects 213 The Impact of Rising Energy Costs on Inflation 215 Strategies to Deal with Inflation 216 How to Deal with Escalation 217 A Changing Environment in Cost Estimating 230 Questions 230 CONTENTS xi 12 COMPUTER AIDED COST ESTIMATING AND COST ANALYSIS 232 Computer Aided Cost Estimating 235 Computer Aided Cost Analysis 236 Schedule Based Estimating Tools 244 Vertical Market Cost Estimating Systems 245 Computer Aided Design Based Estimating Systems 246 Artificial Intelligence and Expert Systems for Cost Estimating 247 Statistics Software 247 A Multidimensional Analytical Database for Estimating and Financial Control 247 Computerized Construction Estimating Systems 249 Notes 255 Questions 255 13 SOFTWARE COST ESTIMATING AND CASE 256 The Case for CASE 256 Basic Software Tasks 259 CASE and Its Impact on Software Estimating 260 The Ada Programming Language 261 Procedures For Software Cost Estimating 262 Detailed Software Cost Estimating 264 Parametric Software Cost Estimating 266 Notes 269 Questions 269 Appendix I 271 Appendix II 290 Appendix III 309 Answers 334 Bibliography 350 Pitfalls and Common Errors to Avoid in Cost Estimating 352 Index 353 CONTENTS Notes 85 Questions 85 6 ESTIMATING DIRECT MATERIAL COSTS AND LABOR HOURS Estimating Basic Material Costs 87 Estimating Engineering Activities 93 Manufacturing/Production Engineering 94 Estimating Manufacturing/Production, Assembly, and Construction Activities 97 Manufacturing Activities 98 Construction Activities 105 In Process Inspection 119 Testing 121 Computer Software Cost Estimating 123 Labor Allowances 123 Estimating Supervision, Direct Management, and Other Direct Charges 125 The Use of Factors in Estimating 126 Note 126 Questions 126 7 ESTIMATING LABOR RATES, INDIRECT COSTS, AND ADMINISTRATIVE COSTS Labor Rates 128 Available Labor Rate Information 133 Indirect Costs 134 Overhead Costs Examined 140 General and Administrative Costs 146 Bid and Proposal Costs and Independent Research and Development Costs 146 Notes 147 Questions 147 8 ESTABLISHING FEE, PROFIT, AND EARNINGS 1 Maximizing Profits as a Goal 149 The Relationship Between Profit and Risk 150 Financial Measures of Investments 151
any_adam_object	1
author	Stewart, Rodney D.
author_facet	Stewart, Rodney D.
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ctrlnum	(OCoLC)24721440 (DE-599)BVBBV008268911
dewey-full	658.1552
dewey-hundreds	600 - Technology (Applied sciences)
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dewey-raw	658.1552
dewey-search	658.1552
dewey-sort	3658.1552
dewey-tens	650 - Management and auxiliary services
discipline	Wirtschaftswissenschaften
edition	2. ed.
format	Book
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id	DE-604.BV008268911
illustrated	Illustrated
indexdate	2024-07-09T17:17:28Z
institution	BVB
isbn	0471857076
language	English
oai_aleph_id	oai:aleph.bib-bvb.de:BVB01-005462357
oclc_num	24721440
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owner	DE-703 DE-188
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physical	XXI, 359 S. graph. Darst.
publishDate	1991
publishDateSearch	1991
publishDateSort	1991
publisher	Wiley
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series2	New dimensions in engineering A Wiley-Interscience publication
spelling	Stewart, Rodney D. Verfasser aut Cost estimating 2. ed. New York u.a. Wiley 1991 XXI, 359 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier New dimensions in engineering A Wiley-Interscience publication Coût de production - Devis estimatifs ram Ingénierie - Devis estimatifs ram Costs, Industrial Estimates Industriebetrieb (DE-588)4026813-5 gnd rswk-swf Kostenschätzung (DE-588)4114297-4 gnd rswk-swf Industriebetrieb (DE-588)4026813-5 s Kostenschätzung (DE-588)4114297-4 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=005462357&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis
spellingShingle	Stewart, Rodney D. Cost estimating Coût de production - Devis estimatifs ram Ingénierie - Devis estimatifs ram Costs, Industrial Estimates Industriebetrieb (DE-588)4026813-5 gnd Kostenschätzung (DE-588)4114297-4 gnd
subject_GND	(DE-588)4026813-5 (DE-588)4114297-4
title	Cost estimating
title_auth	Cost estimating
title_exact_search	Cost estimating
title_full	Cost estimating
title_fullStr	Cost estimating
title_full_unstemmed	Cost estimating
title_short	Cost estimating
title_sort	cost estimating
topic	Coût de production - Devis estimatifs ram Ingénierie - Devis estimatifs ram Costs, Industrial Estimates Industriebetrieb (DE-588)4026813-5 gnd Kostenschätzung (DE-588)4114297-4 gnd
topic_facet	Coût de production - Devis estimatifs Ingénierie - Devis estimatifs Costs, Industrial Estimates Industriebetrieb Kostenschätzung
url	http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=005462357&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
work_keys_str_mv	AT stewartrodneyd costestimating

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