Essays about: "Cost-engineering"

Found 3 essays containing the word Cost-engineering.

  1. 1. The road to an accurate cost estimation in engineer-to-order manufacturing - A case study of cost estimation accuracy within advanced technology development in a defence and security company

    University essay from Göteborgs universitet/Graduate School

    Author : Lawin Anwar; Sandra Barría Colliander; [2023-07-03]
    Keywords : Engineer-to-order; new product development; cost management; cost engineering; cost estimation error; cost overruns; cost estimation accuracy; project management;

    Abstract : Estimating the costs of a project is a vital part of manufacturing organisations as estimations are what set the basis for the price of the products. Precise estimates allow for effective planning and resource allocation, ensuring that the necessary materials, equipment, and personnel are available to complete the project on time and within budget. READ MORE

  3. 2. Cost Engineering Strategies for Industrial Sourcing

    University essay from KTH/Skolan för industriell teknik och management (ITM)

    Author : Erik Lindved; Jakob Rolén; [2019]
    Keywords : Cost Engineering; Cost Estimation; Procurement; Industrial Sourcing; Manufacturing Industry.; Kostnadsestimeringsteknik; kostnadsestimat; anskaffning; industriellt inköp; tillverkningsindustri.;

    Abstract : The art of estimating and managing costs is commonly referred to as cost engineering which is a vital tool to counteract cost uncertainty. Current research within the area mainly focuses on the cost estimation techniques themselves and the strategic implications have not yet been studied in-depth, nor been set into relation to traditional sourcing strategies. READ MORE

  4. 3. The Development of a Purchasing Cost Model Facilitating Decision-making at Tetra Pak Packaging Solutions

    University essay from Lunds universitet/Teknisk logistik

    Author : Oscar Magnuson; Alexander Bäckström; [2015]
    Keywords : Purchasing cost model; Cost management; Purchasing sophistication; Supplier management; Supplier selection; Sourcing decision-making; Landed cost; TCO; Cost-engineering; Technology and Engineering;

    Abstract : A purchasing cost model is a tool used to facilitate decision-making for selection, evaluation and development of suppliers. The model consists of a set of cost components, which at the bottom line constitute a total cost for a certain purchase. READ MORE