Cost, Project and Value Engineering for Effective Project Control

Limited Contents:

Cost Engineering Overview

• Objectives of Cost Engineering
• History
• Importance
• The International Cost Engineering Council (ICEC)
• Mathematics of Cost Comparisons
• Depreciation
• Accelerated Cost Recovery System
• Modified Accelerated Cost Recovery System (MACRS)
• Cost Comparisons of Unequal Durations
• Inflation
• The Learning Curve
• Profitability
• Working Capital
• Conceptual Costing
• Forecasting
• Value Engineering
• Optimisation
• Linear Programming
• Dynamic Programming
• Nomenclature

Cost Accounting

• Project Cost Accounting

• Functions of Cost Accounting
• Types of Costs
• Direct Costs
• Indirect Costs
• Overhead Costs
• Standard Costs
• Joint Cost
• Job Order and Process Costing

Estimating Cost

• Capital Cost Estimation
• Purpose of Estimates
• Fixed Capital and Working Capital
• Current Trends in Capital-Cost Estimating
• Cost Estimates Types
• Functions of Capital-Cost estimates
• Cost of Making Estimates
• Representation of Cost Data
• Factored Estimating
• Codes of Account
• Startup Costs
• Evaluation of the Estimate