Catalogue 2014 - 2015

EMGT 709 Advanced Engineering Cost Estimation

Credits

3 cr.

Prerequisite

EMGT 609 or equivalent.

Course Description

This course provides theory and application of cost estimation techniques and methodologies applied to manufacturing and service organizations. This is accomplished through detailed analysis of the cost estimation development process and various cost estimation models. Topics include data collection and management, learning curves, activity based costing, detailed and parametric estimation models, mixed costing models, and handing risk and uncertainty.