Cost Estimating

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John Wiley & Sons, 1991 - Business & Economics - 359 pages
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This revision of the author's bestselling earlier work on cost estimating has been updated to provide currently applicable examples, data and techniques. Two new chapters have been added covering: computer tools and models for cost estimating, where to get these tools, and the features to look for; software cost estimating with special emphasis on the effect of CASE tools on software productivities and resulting software costs. A complete set of inflation tables is now included to permit conversion from any year dollars to any other year dollars from 1959 through 1997. Retains its comprehensive coverage of the elements needed to embark on a cost estimating task. Strengthened are the invaluable parts of the book which tell the estimator how to produce a competitive and credible cost estimate. Manufacturing standards for hardware and electronics are retained as are handy tables for determining the costs of engineering, design, documentation, drafting and testing.
 

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Contents

WHY COST ESTIMATING
1
THE BASICS OF ESTIMATING
10
DEFINING THE WORK
33
THE TOOLS REQUIRED FOR ESTIMATING
47
FORMULATING THE SCHEDULE ESTIMATE
70
Establishing the Estimate Elements
76
Analysis of a Request for Proposal
82
Notes
85
REVIEWING PUBLISHING AND USING THE ESTIMATE
177
LIFE CYCLE COSTING DESIGN TO COST
192
Life Cycle Costing as Used in Large HighTechnology
201
Notes
208
The Impact of Rising Energy Costs on Inflation
215
A Changing Environment in Cost Estimating
230
COMPUTERAIDED COST ESTIMATING AND COST
232
ScheduleBased Estimating Tools
244

Estimating Engineering Activities
93
Construction Activities
105
InProcess Inspection
119
Estimating Supervision Direct Management and Other
125
Available Labor Rate Information
133
Overhead Costs Examined
140
General and Administrative Costs
146
Notes
255
Appendix I
271
Appendix II
290
Appendix III
309
Answers
334
Bibliography
350
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