Basic Cost Engineering: 3rd Edition (Hardback) book cover

Basic Cost Engineering

3rd Edition

By Kenneth K. Humphreys

CRC Press

360 pages

Purchasing Options:$ = USD
Hardback: 9780824796709
pub: 1995-09-05

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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.


"Praise for the previous editions. . . . . .a very useful form of reference. "

---The 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

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.

About the Series

Cost Engineering

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