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Cost Estimation Methods and Tools 1st Edition by Gregory K Mislick, Daniel A Nussbaum ISBN 1118536134 9781118536131

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Cost Estimation Methods and Tools 1st Edition Gregory K. Mislick Digital Instant Download

Author(s): Gregory K. Mislick, Daniel A. Nussbaum
ISBN(s): 9781118536131, 1118536134
Edition: 1
File Details: PDF, 2.38 MB
Year: 2015
Language: english
SKU: EB-5100370 Category: Tags: ,

Cost Estimation Methods and Tools 1st Edition by Gregory K. Mislick, Daniel A. Nussbaum – Ebook PDF Instant Download/Delivery: 1118536134, 9781118536131
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Product details:

ISBN 10: 1118536134 
ISBN 13: 9781118536131
Author: Gregory K. Mislick, Daniel A. Nussbaum

Cost Estimation: Methods and Tools is an excellent reference for academics and practitioners in decision science, operations research, operations management, business, and systems and industrial engineering, as well as a useful guide in support of professional cost estimation training and certification courses for practitioners. The book is also appropriate for graduate-level courses in operations research, operations management, engineering economics, and manufacturing and/or production processes.

Cost Estimation Methods and Tools 1st Table of contents:

1. LOOKING BACK: REFLECTIONS ON COST ESTIMATING

  • References

2. INTRODUCTION TO COST ESTIMATING

  • 2.1 Introduction

  • 2.2 What is Cost Estimating?

  • 2.3 What Are the Characteristics of a Good Cost Estimate?

  • 2.4 Importance of Cost Estimating in DoD and in Congress

  • 2.5 An Overview of the DoD Acquisition Process

  • 2.6 Acquisition Categories (ACATs)

  • 2.7 Cost Estimating Terminology

  • Summary

  • References

  • Applications and Questions

3. NON-DOD ACQUISITION AND THE COST ESTIMATING PROCESS

  • 3.1 Introduction

  • 3.2 Who Practices Cost Estimation?

  • 3.3 GAO and the 12-Step Process

  • 3.4 Cost Estimating in Other Non-DoD Agencies

  • 3.5 The Cost Estimating Process

  • 3.6 Definition and Planning

  • 3.7 Data Collection

  • 3.8 Formulation of the Estimate

  • 3.9 Review and Documentation

  • 3.10 Work Breakdown Structure (WBS)

  • 3.11 Cost Element Structure (CES)

  • Summary

  • References

  • Applications and Questions

4. DATA SOURCES

  • 4.1 Introduction

  • 4.2 Data Collection Considerations

  • 4.3 Cost Reports and Earned Value Management (EVM)

  • 4.4 Cost Databases

  • Summary

  • References

  • Applications and Questions

5. DATA NORMALIZATION

  • 5.1 Introduction

  • 5.2 Background

  • 5.3 Normalizing for Content

  • 5.4 Normalizing for Quantity

  • 5.5 Normalizing for Inflation

  • 5.6 DoD Appropriations

  • 5.7 Constant Year Dollars (CY$)

  • 5.8 Base Year Dollars (BY$)

  • 5.9 DoD Inflation Indices

  • 5.10 Then Year Dollars (TY$)

  • 5.11 Using the Joint Inflation Calculator (JIC)

  • 5.12 Expenditure (Outlay) Profile

  • Summary

  • References

  • Applications and Questions

6. STATISTICS FOR COST ESTIMATORS

  • 6.1 Introduction

  • 6.2 Statistical Background

  • 6.3 Margin of Error

  • 6.4 Sampling

  • 6.5 Measures of Central Tendency

  • 6.6 Dispersion Statistics

  • 6.7 Coefficient of Variation

  • Summary

  • References

  • General Reference

  • Applications and Questions

7. LINEAR REGRESSION ANALYSIS

  • 7.1 Introduction

  • 7.2 Home Buying Example

  • 7.3 Regression Basics

  • 7.4 Evaluating a Regression

  • 7.5 Standard Error (SE)

  • 7.6 Coefficient of Variation (CV)

  • 7.7 ANOVA

  • 7.8 Coefficient of Determination (R²)

  • 7.9 F-Statistic and t-Statistics

  • 7.10 Regression Hierarchy

  • 7.11 Staying Within Range

  • 7.12 Outliers

  • 7.13 Residual Analysis

  • 7.14 OLS Assumptions

  • Summary

  • References

  • Applications and Questions

8. MULTI-VARIABLE LINEAR REGRESSION ANALYSIS

  • 8.1 Introduction

  • 8.2 Background

  • 8.3 Home Prices

  • 8.4 Multi-Collinearity (MC)

  • 8.5 Detecting MC #1: Varying Slopes

  • 8.6 Detecting MC #2: Correlation Matrix

  • 8.7 MC Example #1: Home Prices

  • 8.8 Statistical Relationships Between Variables

  • 8.9 MC Example #2: Weapon Systems

  • 8.10 Conclusions on MC

  • 8.11 Regression Guidelines

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Tags: Gregory K Mislick, Daniel A Nussbaum, Cost Estimation