Estimating is defined as an informed assessment of an uncertain event. Process planning and cost estimation nov,dec 2015, nov,dec 2014. Olumide sliding scale contingencies for the highway construction project development process. The tracks and topics for which papers are invited cover but are not limited to the following. However, cost estimators are faced with many challenges including time pressure, increased reliability of cost estimates and objective tool cost estimates. Random cost validation checks quality assurance checks of project costs at the time of nomination keep the cost estimating methods and tools current maintain the historical cost estimation tracking system provide training on cost estimation activities to mdt staff sierra transportation engineers, inc. Project management improving the estimation process. The later a cost issue will be detected, the more it will cost. Topics planning estimation of tasks cost and time planning and risk the degree of structural uncertainty. Estimate the material cost for welding 2 flat pieces of m. Engineering cost estimation is now compulsory from the very first stages of design. Instructional objectives after studying this unit, the student should be able to. This edition of process planning and cost estimation based on the latest syllabus for b. This course is a 1day 8hours seminar presentation covering the conceptual frameworks of construction project resource planning and cost estimation.
Process planning cost estimation pdf this page intentionally left blank. The main subject of this research is related to the importance of cost estimation in the conceptual process planning stage. Me6005 process planning and cost estimation novdec 2016 anna university question paper novdec 2016 here you can get previous year question paper recent question papers 2marks syllabus 20 regulation etc. Kesavan assistant professor, department of production technology, m. Quantity estimating civil project repor t consists of detailed explanation of construction cost and process of controlling cost in building a villa. Pdf me6005 process planning and cost estimation lecture notes. Project planning and scheduling project planning mel rossollopart. Process planning and cost estimation pdf this book is useful in industry also in study. Our project professionals have taught project controls and estimating in university of calgary and other institutions. To introduce the process planning concepts to make cost estimation for various products after. Tool cost estimation in the planning and bidding phase enables a cost optimized manufacturing process. Anna university regulation 20 mech me6005 ppce important questions with answer key for all 5 units and mech 7th sem me6005 process planning cost estimation answer key are listed down for students to make perfect utilization and score maximum marks with our study materials department of mechanical engineering semester vii.
Explore computer aided process planning capp with free download of seminar report and ppt in pdf and doc format. Process planning and cost estimation pdf how to plan, free pdf. Applying do254 for avionics hardware development and. Jan 01, 2014 48 process planning and cost estimation 2 process planning process planning. The only way to achieve this consistently is to actually base cost estimates upon detailed plansschedules. Me6005 process planning and cost estimation novdec 2016 anna university question paper. The course provided an overview of construction cost management and identified common contractrelated pricing issues and considerations, cost development, project. In the one hand, working in a quantity surveying role, you will be gaining an understanding of the technical aspects of construction over the whole life of a building or facility. The process of cost estimation determines an amount of resources required to accomplish project activities. Topics planning estimation of tasks cost and time planning and risk.
This book is written to serve the needs of under graduate students embarking introductory course in process planning and cost estimation. Typically, work scheduled in the near future will have the most accurate estimates, while work scheduled farther away in time have less accurate estimates. The course also identifies key considerations in building the cost estimate that will eventually be the basis of the project bid. Process planning and cost estimation by kesavan slideshare. Since major manufacturing cost is determined in early as possible in early design, it iscritical to be able to assess manufacturability and cost as early as possible in the design is critical to enable these analyses. Sep 20, 2014 48 process planning and cost estimation 2 process planning process planning. These subject matters are two 2 of four 4 items in project cost management. To make sure nothing slips through the cracks, use this list of 16 steps to planning a successful seminar. Vijaya ramnath senior faculty, department of study material download.
Computer aided process planning full seminar report, abstract. Cost estimating and project planning interplan systems. Apr 15, 2017 me6005 process planning and cost estimation novdec 2016 anna university question paper. The automotive industrys competitive prices make tool cost estimation one of the most important tasks at oems and tooling suppliers. Why is cost estimation important for project planning. It focuses on finding and allocating optimal expenses for the job. There are many processes that have been developed to assist in the estimation process. The more accurate your estimate of project cost is, the better able you will be to manage your projects budget.
Me6005 process planning and cost estimation novdec 2016 anna. To score more in your semester exams get best score in your semester exams. Elanchezhian assistant professor, department of mechanical engineering, sri sai ram engineering college, chennai, b. Me6005 process planning and cost estimation novdec 2016. This book is an attempt to provide all necessary information about process planning and cost estimation.
Process planning and cost estimation by vijaya ramnath. Training cost estimating and cost engineering onsite. Me6005 ppce notes, process planning cost estimation. Dec 12, 2018 whether its your first seminar or your hundredth, planning a successful seminar is always easier with a handy checklist. Where design and construction overlap, cost planning might run into the construction phase of a project. Delivering projects onbudget will always be a key success factor for a project manager. Ergonomics is also closely related to the topic human factors.
We provide training in our client facilities mainly in various topics including cost estimation, earned value, aacei techniques, risk management, planning and scheduling. Tool cost estimation in the planning and bidding phases enables a cost optimized manufacturing process. Whether its your first seminar or your hundredth, planning a successful seminar is always easier with a handy checklist. Process planning is a complex activity divided into several hierarchical. Take a look at some of our sample project management dissertation topics to get an idea for your own dissertation. Process planning and cost estimation second edition r. Pdf cost estimation and conceptual process planning. In this article, examples of analogous estimating, resource cost rates, and bottomup estimating are provided. This book is an attempt to provide all necessary information about process planning and. Spire provided a 4day training seminar to simplots construction cost professionals seeking a better understanding of todays complex construction cost management process. We welcome constructive criticism on any specific topics of this book.
This paper describes the development of a generic knowledgebased system for process planning. This seminar gives advice on how to improve cost planning outcomes, as well as understand the importance of effective data capture, share and application in capital, operational and future cost estimation. Unfortunately, the process planning terminology is somewhat fuzzy anderberg, 2012 and there is no commonly adopted or standardised definition of what is included or not, nor for the activities whatever they may be. Download process planning and cost estimation by dr.
Making accurate estimates ensures your budget covers what the project needs. Fhwa highway construction cost increases and competition issues. Training cost estimating and cost engineering onsite seminars. This book is written to serve the needs of under graduate students embarking introductory course in. Therefore, estimating a projects costs is important for several reasons. In an ideal situation, cost estimating and project planning will match up in a one to one relationship. Explain the intent of do254 explain how do254 fits into the avionics development process implement hardware planning and standard requirements assess the impact of avionic hardware requirements, design, implementation, and testing. Thats why cost estimation is such an important component of project planning. Guidance for cost estimation and management for highway projects during planning, programming, and preconstruction. Cost estimating is a fundamental yet challenging task for contract and project managers. Pdf me6005 process planning and cost estimation lecture notes, books, important 2 marks questions with answers, important partb 16 marks questions.
Computer aided process planning capp seminar report, ppt. Latest seminar topics for mechanical engineering, ppt, report. Project planning process 2 divide break project up into tasks. Latest mechanical engineering seminars topics, free seminar topics,reports,thesis, pdf,doc downloads and ppt for technical students. Also explore the seminar topics paper on computer aided process planning capp with abstract or synopsis, documentation on advantages and disadvantages, base paper presentation slides for ieee final year mechanical engineering me or production automobile students for the year. Use it at any point in your seminar planning process to reduce stress and make sure no detail is forgotten. Mechanical and production engineering for anna university as well as other universities. The process planning function plays a critical role not only in computer integrated manufacture, but also in the economics of batch manufacturing.
It involves the approximation and development of costing alternatives to plan, perform and deliver the project. Explain what do you mean 44 process planning and cost estimation d work. In the tools used to estimate costs in project management article, you learned about each cost estimation techniques recommended by the project management institute in the project management book of knowledge pmbok version 4. Cost estimation and conceptual process planning semantic scholar. It is a valuable assert for entrepreneurs, training managers of various mechanical workshops and diploma students. We will examine the concepts and applied techniques for cost estimation pert analysis, bottomup, topdown, etc. Computer aided process planning full seminar reports, pdf seminar abstract, ppt. When you and your team take on a project, one of the goals is to bring it in without exceeding your budget.
During the construction process, cost accounting methods discussed in chapter 10 are used to retrieve actual construction expenses from ongoing construction operations. Remember dissertation topics need to be unique, solve an identified problem, be logical, and can also be practically implemented. Anna university regulation 20 mech me6005 ppce notes for all 5 units and mech 7th sem me6005 process planning cost estimation lecture handwritten notes are listed down for students to make perfect utilization and score maximum marks with our study materials. In a world of limited funds, as a project manage youre constantly deciding how to get the most return for your investment.
An open water tank of size 75 cm x 60 cm x 50 cm is made by gas welding from a 4 mm thick metallic sheet. The estimate costs process in the project cost management knowledge area is critical to delivering a project onbudget. Anna university regulation 20 mech me6005 ppce important questions with answer key for all 5 units and mech 7th sem me6005 process planning cost estimation answer key are listed down for students to make perfect utilization and score maximum marks with our study materials. The model includes cad feature recognition and extraction, product feature modeling and process planning. Quantity estimating civil project report projects. Ultimate guide to project cost estimating smartsheet. Cost estimating is an ongoing process, and estimate revisions are normal in order to ensure accuracy throughout project execution. This information is then used for cost control purposes on the current project and for estimating the cost of future projects. This paper presents a manufacturing cost estimation of process planning using activity based costing abc methods. Bme011 process planning and cost estimation academic course description bharath university faculty of engineering and technology department of mechanical engineering bme011 process planning and cost estimation seventh semester, 201516 odd semester course catalog description to understand the concept of basic engineering mechanism. For project managers, accurate estimates are the foundation for effective project planning and execution. In this section raw sand is washed to remove clay etc, and various ingredients are. Project cost estimation, scheduling and budget control. An integrated system for process planning and cost.
This book is an attempt to provide all necessary information about process planning and cost. Process planning for manufacturing covers a wide range of activities needed to specify the manufacturing process for a part. This process carry out estimation of the type skill set experience, etc. In this article, well look at some examples of each estimation technique. Seminar are designed for professionals and individuals who are already engaged in projects, and like to enhance their knowledge about project controls, cost estimating, and cost engineering beyond basic theory level. On design and build projects it is a tool that can be used by the contractor to control design development against the contract sum.
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