From Product Description to Cost: A Practical Approach : Volume 2: Building a Specific Model

Pierre Marie Maurice Foussier

ISBN 10: 1846280427 / ISBN 13: 9781846280429

Published by Springer, Springer, 2005

About this Item

Druck auf Anfrage Neuware - Printed after ordering - Cost estimating is a powerful tool in industry and business. Anyone involved in cost estimating will find this book extremely useful because of the real life examples, which mean they can use the information in real situations immediately.

Seller Inventory # 9781846280429

Bibliographic Details

• Title: From Product Description to Cost: A Practical Approach : Volume 2: Building a Specific Model
• Publisher: Springer, Springer
• Publication Date: 2005
• Language: English
• ISBN 10: 1846280427
• ISBN 13: 9781846280429
• Binding: Buch
• Condition: Neu
• Dimensions: 241W x 160H x 26D millimeters 241 millimeters width by 160 millimeters height by 26 millimeters depth
• Weight: 764 grams

About this title

Synopsis

Parametric cost estimating, when properly used, is a powerful and cost effective technique. Unfortunately, it is often misunderstood and rejected by many potential users for whom it could be a beneficial tool. An agreement on how to use it and how to recognise its limitations is a major benefit to the cost estimating community.

This book presents ways of parametrically forecasting costs and their advantages and disadvantages with examples from the mechanical, software and building industries; it discusses most of the mathematical procedures useful for parametrically forecasting costs and introduces the judgement needed to audit the ways these techniques are used, firstly as a process and secondly as a tool to generate estimates.

Volume 2 "Building a Specific Model" focuses on the building of ‘specific’ cost estimating models. Understanding the procedures is key in creating successful specific models; so all these procedures (classical and new) are described in this volume.

About the Author

Pierre Foussier is manager of 3f, the company he founded in 1992 dedicated to the improvement of cost-estimating tools. In his job he develops parametric cost models and trains users of these models. As well as training project managers in cost-estimating, he often acts as a consultant for many diverse companies, carrying out independent cost estimates. 

Foussier is a co-founder of AFITEP – a French non-profit organisation specialising in the progress of cost-estimating, planning and project management. He is also the founder of XPAR, a non-profit organisation aiming to promote the parametric method of cost-estimating. XPAR recently merged with AFITEP and is now the working group of this society in the domain of parametrics.

So far in his career, Foussier has been involved in the development and production of some equipment and systems for use in the military industry. He has also been an engineer at the French space agency (CNES) and has nearly twenty years experience of cost estimating for major space projects.