Cost-Effectiveness Analysis : A Systems Engineering Perspective book cover
1st Edition

Cost-Effectiveness Analysis
A Systems Engineering Perspective

ISBN 9781032051345
Published December 20, 2021 by CRC Press
116 Pages

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Book Description

This book provides an overview of cost-effectiveness analysis, which is a well-known and intuitive method for defining and choosing among a set of alternatives. This book relates cost-effectiveness analysis to systems engineering to solve everyday problems at home and the office. It can also be used in technical processes, system design, and project management.

Cost-Effectiveness Analysis: A Systems Engineering Perspective starts with providing an overview and background of cost-effectiveness analysis and how it’s used. It then goes on to discuss cost-effectiveness concerning systems engineering and links its use to resolving military issues and problems. The book comes to an end with exploring the usage related to systems architecting, re-engineering office systems, and comparing its use to everyday life decision-making scenarios.

Targeted market includes general engineers, systems engineers, process engineers, project management, scientists, technologists, mathematicians, and lawyers.

Table of Contents

1. WSEIAC, the Whiz Kids and RAND. 2. Basics of Cost-Effectiveness Analysis. 3. Life Cycle Cost Analysis. 4. Parametric Cost Analysis. 5. Effectiveness Measurement. 6. Example – Architecting a House. 7. Example- intercity Freight. 8. Cost-Effectiveness Analysis: Miscellany. 9. Summary.

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Howard Eisner spent 30 years in industry and 24 years in academia. In the former, he was a research engineer, manager, executive (at ORI, Inc. and the Atlantic Research Corporation) and President of two high-tech companies (Intercon Systems and the Atlantic Research Services Company). In academia, he was professor of engineering management and a distinguished research professor in the engineering school of the George Washington University (GWU). At GWU, he taught courses in systems engineering, technical enterprises, project management, modulation and noise, and information theory.

He has written twelve books that relate to engineering, systems and management. He has also given many lectures and tutorials to professional societies (such as INCOSE - International Council on Systems Engineering), government agencies (such as the DoD, NASA and DOT), and the Osher Lifelong Learning Institute (OLLI). In 1994, he was given the outstanding achievement award from the GWU Engineering Alumni.

Dr. Eisner is a life fellow of the IEEE and a fellow of INCOSE and the New York Academy of Sciences. He is a member of Tau Beta Pi, Eta Kappa Nu, Sigma Xi and Omega Rho, various honor/research societies. He received a bachelor’s degree (BEE) from the City College of New York (1957), an MS in electrical engineering from Columbia University (1958), and a Doctor of Science degree from the George Washington University (1966).

Since 2013, he has served as professor emeritus of engineering management and a distinguished research professor at the George Washington University.