Me6005 process planning and cost estimation novdec 2016 anna university question paper. Buy process planning and cost estimation by panneerselvam, r. Cost estimating is a fundamental yet challenging task for contract and project managers. Latest mechanical engineering seminars topics, free seminar topics,reports,thesis, pdf,doc downloads and ppt for technical students.
On design and build projects it is a tool that can be used by the contractor to control design development against the contract sum. Download process planning and cost estimation by dr. Jun 18, 2018 the government accountability office gao cost estimating process consists of twelve 12 steps. Me6005 process planning and cost estimation novdec 2016. Project cost estimation applies to everything from building a bridge to developing that new killer app. Participants will receive instruction on the cost estimating process, principles and procedures based on bestpractices. Its mission is to provide and support safe, reliable, and cost effective transportation options to improve livable communities and. Understand the importance of good project cost management explain basic project cost management principles, concepts, and terms describe how resource planning relates directly to project cost management explain cost estimating using definitive, budgetary, and rough order of magnitude rom estimates 2. Oct 01, 2018 in this video we see how to get easy mark and how to score a more marks and tricks in process planning and cost estimation. Process planning and cost estimation second edition r. Pdf me6005 process planning and cost estimation lecture. Download free sample and get upto 56% off on mrprental. Vijaya ramnath written the book namely process planning and cost estimation author r.
In a competitive market, profits and losses are determined by the ability to estimate costs early in the planning and bidding phases. Department of defense wbdg whole building design guide. Pdf me6005 process planning and cost estimation lecture notes, books, important 2 marks questions with answers, important partb 16 marks questions. Wbdg is a gateway to uptodate information on integrated whole building design techniques and technologies. Building information modeling execution planning guide 2010 the computer integrated construction research group the pennsylvania state university ii the goal for developing this structured procedure is to stimulate planning and direct communication by the project team during the early phases of a project. In addition, cost is estimated for the individuals involved in the project. Fully developed and integrated policies, processes, and tools for cost estimation, management, and control. Computeraided process planning initially evolved as a means to electronically store a process plan once it was created, retrieve it, modify it for a new part and print the plan. The cost estimation includes the cost of hardware, network connections, and the cost required for the maintenance of hardware components. The government accountability office gao cost estimating process consists of twelve 12 steps.
Risks are unexpected events that have an adverse effect on the project. Process planning for manufacturing covers a wide range of activities needed to specify the manufacturing process for a part. Thats why cost estimation is such an important component of project planning. This edition of process planning and cost estimation based on the latest syllabus for b. It focuses on finding and allocating optimal expenses for the job. It does this by helping the client decide how it wants to. Cost estimation an important task in the automotive industry. Feb 02, 2012 process planning makeorbuy decisions process selection capacity planning assembly chart 23 24. It will be used to organize the cost estimates and to ensure that all identified work has been estimated2 resource. However, cost estimators are faced with many challenges including time pressure, increased reliability. Latest seminar topics for mechanical engineering, ppt, report. It is a valuable assert for entrepreneurs, training managers of various mechanical workshops and diploma students.
Seminar, university of twente, enschede, the netherlands, pp 323 332. The goal of whole building design is to create a successful highperformance building. Unit 9 computer aided process computer aided process planning. 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. This paper tends to show how to define which information is needed to allow this estimation to be done. Resources requirement estimation this process carry out estimation of the type skill set experience, etc. Download me6005 process planning and cost estimation lecture notes, books, syllabus parta 2 marks with answers me6005 process planning and cost estimation important partb 16 marks questions, pdf books, question bank with answers key download link is provided for students to download the anna university me6005 process planning and cost estimation lecture notes, syllabus part a 2 marks with. In addition, cost is estimated for the individuals involved in the. How to avoid impact from irrelevant and misleading information on your cost estimates, magne jorgensen and stein grimstad, simula research laboratory, simula research labs estimation seminar, oslo. Cost estimation is the process that takes those factors into account, and calculates a budget that meets the financial commitment necessary for a successful project. Unit 9 computer aided process computer aided process. In this section raw sand is washed to remove clay etc, and various ingredients are. It consist its own principles, concepts and conventions which may vary from industry to industry.
Understand the importance of good project cost management explain basic project cost management principles, concepts, and terms describe how resource planning relates directly to project cost. A project managers guide to cost estimating and cost planning. It is a valuable asset for entrepreneurs, training managers of various mechanical workshops and diploma students. Latest seminar topics for mechanical engineering, ppt. Project cost and budget management 5 hamid omidvar, 9. They conclude that manufacturing time could be estimated fairly for manual lathe and. Sep 20, 2014 48 process planning and cost estimation 2 process planning process planning. Process planning and cost estimation nov,dec 2014 678. Cost estimation is one of the important tasks in the automotive industry. When the computer era began back in the 1940s, there were few computers in use and applications were mostly.
Manufcturing cost and time estimations have been built into the object model keywords. Mechanical and production engineering for anna university as well as other universities. Training cost estimating and cost engineering onsite seminars. This edition of process planning and cost estimation is based on the latest syllabus for b. Its mission is to provide and support safe, reliable, and costeffective transportation options to improve livable communities and. Download free sample and get upto 48% off on mrprental. The later a cost issue will be detected, the more it will cost. The cost estimating process must consider whether the cost of the additional design work will offset the expected savings. Cas 4 cost of production for captive consumption 1. Cost estimation and conceptual process planning semantic scholar. Building information modeling execution planning guide. The main subject of this research is related to the importance of cost estimation in the conceptual process planning stage. 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.
Jayakumar, lakshmi publications the book process planning and cost estimation for engineering and technology studies. Kesavan assistant professor, department of production technology, m. This paper tends to show how to define which information is. The guiding principles to cost estimating and cost planning are. Other capabilities were tabledriven cost and standard estimating systems, for sales representatives to create customer quotations and estimate delivery time. The art, or for that matter the science, of where cost estimation migrates into cost planning, relies on sound commercial principles. Capp programs develop a process plan or route sheet by following either a variant or a generative approach. Tool cost estimation in the planning and bidding phase enables a cost optimized manufacturing process.
Me6005 process planning and cost estimation novdec 2016 anna university question paper novdec 2016. When you and your team take on a project, one of the goals is to bring it in without exceeding your budget. Cost estimation and conceptual process planning springerlink. Process planning is a complex activity divided into several hierarchical. Why is cost estimation important for project planning. The process of cost estimation determines an amount of resources required to accomplish project activities. Mechanical, production metallurgy and industrial engineering branches of anna university as well as other universities. It requires the right modelling tools and a good dose of experience. Where design and construction overlap, cost planning might run into the construction phase of a project. Pdf cost estimation and conceptual process planning.
Process planning and cost estimation pdf estimation, how to. This model includes an object model for manufacturing process selection, and cost and time estimation. Each step builds upon each other to develop and comprehensive and complete cost estimate. Each step builds upon each other to develop and comprehensive and complete cost. Building information modeling execution planning guide 2010 the computer integrated construction research group the pennsylvania state university i executive summary a building information. Design and location of various manual controls, knobs, wheels and levers should not cause excessive strain to workers. Pdf manufacturing cost estimation during design of fabricated parts. Cost estimation cost indexes present costoriginal cost at time t marshall and swift. Training cost estimating and cost engineering onsite. Mechanical estimating, costing and process planning. Process planning cost estimation pdf this page intentionally left blank. However, cost estimators are faced with many challenges including time pressure, increased reliability of cost estimates and objective tool cost estimates.
Book process planning and cost estimation pdf download 2nd 3rd 4th second edition book process planning and cost estimation by r. Me6005 process planning and cost estimation novdec 2016 anna. Project cost and budget management 1 0 hamid omidvar, 9. Pdf manufacturing cost estimation models can overcome some of the. A taxonomy that builds a structure in this information has been created. Process planning makeorbuy decisions process selection capacity planning assembly chart 23 24. The goal of whole building design is to create a successful highperformance building by applying an integrated design and team approach to the project during the planning and programming phases. Makeorbuy decisions a firms makeorbuy choices should be based on the following considerations. This book is written to serve the needs of under graduate students embarking introductory course in process planning and cost estimation. Prep online, pmp tutorial 26 planning process group estimate activity. 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.
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