The Engineer's Cost Handbook: Tools for Managing Project Costs

by Richard E. Westney

Overview

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.

Product Details

ISBN-13:	9781135547554
Publisher:	CRC Press
Publication date:	02/26/1997
Sold by:	Barnes & Noble
Format:	eBook
Pages:	776
File size:	9 MB

Table of Contents

Estimating project costs: the estimating process; estimating methodology; estimating engineering costs; estimating engineered equipment costs; estimating bulk material costs; estimating construction labour and indirect costs; productivity analysis; cashflow analysis; estimating the cost of escalation; location factor analysis; estimating the cost environmental restoration. Evaluating risk and return: risk and contingency analysis; profitability analysis; investment decision making. Controlling project costs: cost control systems; controlling engineering costs; controlling the cost of engineered equipment; controlling the cost of materials; applying the principles of value engineering; controlling the cost of construction labour; controlling the cost of quality; controlling the cost of safety; controlling the cost of shipping; avoiding claims.

Editorial Reviews

Intended for engineers, managers, and upper-level graduate students in engineering, this practical reference offers coverage of each step in the engineering cost control process, from project justification to life-cycle costs. The 24 contributions are divided into three sections: estimating project costs (including estimating methodology for various costs and analysis of productivity, cash flow, and location); evaluating risk and returns (encompassing risk, contingency, and profitability analysis; and investment decision-making); and controlling project costs (covering cost control systems and controlling specific costs such as equipment, materials, construction labor, quality, safety, and shipping; applying the principles of value engineering; and avoiding claims). Includes some 230 drawings, tables, and equations. Annotation c. by Book News, Inc., Portland, Or.

Booknews