Project estimating and cost management

By: Rad, Parviz FMaterial type: TextTextSeries: Project management essential libraryPublication details: Vienna, Va. : Management Concepts, ©2002Description: xiii, 121 pages : illustrationsISBN: 9781567261448; 1567261442Subject(s): Cost control | EstimateDDC classification: 658.1552
Contents:
Machine derived contents note: Preface xi -- Acknowledgments xiii -- CHAPTER 1 Introduction 1 -- Project Scope and Objectives 2 -- Organizational Objectives 5 -- Project Selection 6 -- CHAPTER 2 Deliverable-Oriented Work -- Breakdown Structure 11 -- Work Breakdown Structure 12 -- WBS Development Steps 13 -- The Division Bases 13 -- Case Example: WBS for an Industrial Complex 15 -- Comparison of the Different Bases 16 -- Process-Oriented Projects 17 -- Organizational Priorities 19 -- Semantics 21 -- Changing the Paradigm 22 -- CHAPTER 3 Resource Breakdown Structure 27 -- Nomenclature, Dimensions, and Units 28 -- Resource Breakdown Structure 29 -- RBS Development 31 -- The Primary Division Basis 32 -- Lower-Level Division Bases with a Concentration -- on Human Resources 34 -- Estimating the Costs 36 -- Detailed Exam ple 38 -- CHAPTER 4 Estimating Models 43 -- Accuracy 47 -- Parametric Estimating 50 -- Modular Estimating 50 -- Param etric M odel 51 -- Analogous Estimating 53 -- Ratio Estim ating 54 -- The Three-Quarters Rule 55 -- The Square Root Rule 59 -- The Two-Thirds Rule 61 -- Range Estim ating 62 -- Expert Judgm ent 64 -- Norm alization 64 -- CHAPTER 5 Progress Monitoring 67 -- Developing a Monitoring Plan 70 -- Elements of Monitoring 73 -- Earned Value 75 -- Productivity 78 -- CHAPTER 6 Cost Management 81 -- Causes of Change 85 -- Feed-Forward Technique 87 -- Impact of Schedule on Cost 88 -- Lifecycle Costs 94 -- Impact of Project Risk 95 -- CHAPTER 7 External Projects 99 -- Specifications 100 -- Contracts 102 -- Response to Specifications 106 -- Bidding 108 -- Project Costs 110 -- D irect C osts 110 -- Indirect Costs 110 -- O verhead 111 -- Allowance 111 -- Contingency 112 -- Project Audit 112 -- Bibliography 115.
Summary: Project Estimating and Cost Management will provide you with a disciplined approach to estimating project needs and costs that will enable you to control your projects in the most effective way possible.
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Includes index

Machine derived contents note: Preface xi --
Acknowledgments xiii --
CHAPTER 1 Introduction 1 --
Project Scope and Objectives 2 --
Organizational Objectives 5 --
Project Selection 6 --
CHAPTER 2 Deliverable-Oriented Work --
Breakdown Structure 11 --
Work Breakdown Structure 12 --
WBS Development Steps 13 --
The Division Bases 13 --
Case Example: WBS for an Industrial Complex 15 --
Comparison of the Different Bases 16 --
Process-Oriented Projects 17 --
Organizational Priorities 19 --
Semantics 21 --
Changing the Paradigm 22 --
CHAPTER 3 Resource Breakdown Structure 27 --
Nomenclature, Dimensions, and Units 28 --
Resource Breakdown Structure 29 --
RBS Development 31 --
The Primary Division Basis 32 --
Lower-Level Division Bases with a Concentration --
on Human Resources 34 --
Estimating the Costs 36 --
Detailed Exam ple 38 --
CHAPTER 4 Estimating Models 43 --
Accuracy 47 --
Parametric Estimating 50 --
Modular Estimating 50 --
Param etric M odel 51 --
Analogous Estimating 53 --
Ratio Estim ating 54 --
The Three-Quarters Rule 55 --
The Square Root Rule 59 --
The Two-Thirds Rule 61 --
Range Estim ating 62 --
Expert Judgm ent 64 --
Norm alization 64 --
CHAPTER 5 Progress Monitoring 67 --
Developing a Monitoring Plan 70 --
Elements of Monitoring 73 --
Earned Value 75 --
Productivity 78 --
CHAPTER 6 Cost Management 81 --
Causes of Change 85 --
Feed-Forward Technique 87 --
Impact of Schedule on Cost 88 --
Lifecycle Costs 94 --
Impact of Project Risk 95 --
CHAPTER 7 External Projects 99 --
Specifications 100 --
Contracts 102 --
Response to Specifications 106 --
Bidding 108 --
Project Costs 110 --
D irect C osts 110 --
Indirect Costs 110 --
O verhead 111 --
Allowance 111 --
Contingency 112 --
Project Audit 112 --
Bibliography 115.

Project Estimating and Cost Management will provide you with a disciplined approach to estimating project needs and costs that will enable you to control your projects in the most effective way possible.

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