Basic Cost Engineering / Edition 3

by Kenneth K. Humphreys, Mike Müller

Overview

This work focuses on the application of fundamental cost engineering principles to the capital and operating costs estimation of major projects. It provides detailed coverage of profitability, risk, and sensitivity analysis. This third edition: discusses novel strategies for calculating preliminary estimates using MasterFormat; presents new information on estimating the retrofitting and extension of existing plants; contains current international cost data; and more.;A solutions manual is available to instructors only.

Product Details

ISBN-13:	9780367401603
Publisher:	Taylor & Francis
Publication date:	09/05/2019
Edition description:	3rd ed.
Pages:	360
Product dimensions:	6.00(w) x 9.00(h) x (d)

About the Author

Humphreys, Kenneth K.

Table of Contents

Part 1 Capital cost estimates: capital cost estimating - an overview; classification of capital cost estimates; organizing the capital estimate; conceptual estimating using master-format; retrofitting and expansion of existing plants; labour estimates; importance of the capital estimate; sources of international cost data. Part 2 Operating and manufacturing cost estimates: operating and manufacturing cost estimating - an overview; estimating operating and manufacturing costs; transition - construction to operation. Part 3 Financial analysis and reporting: profitability analysis - an overview; life cycle costing and sensitivity analysis; the finished report (and final problem); appendix a - cost engineering terminology; appendix b - design and costing specifications for equipment; appendix c - discrete compound interest tables; appendix d - bibliography; appendix e - answers to selected problems.

Editorial Reviews

...a very useful form of reference.

Cost Engineer

...especially useful for factorized estimates for process and related industries...includes helpful charts, forms, and insight to guide the estimator...another good multi-purpose reference for the estimator's or cost engineer's bookshelf.

Cost Engineering

Bridging the gap between classical engineering economics and detailed cost estimation and control, this text focuses on the application of fundamental cost-engineering principles in the preliminary capital and operating-cost estimation of major engineering projects. This revised, updated, and expanded edition adds a chapter on the estimating of retrofit and expansion projects in existing, operating plants; and another chapter that provides some reference sources for international cost data. A new bibliography is included and numerous problems and questions have been added. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Booknews