1st Edition

Cost Engineering Health Check How Good are Those Numbers?

By Dale Shermon, Mark Gilmour Copyright 2017
196 Pages 107 B/W Illustrations
by Gower

196 Pages 107 B/W Illustrations
by Gower

High quality cost estimating gives a business leader confidence to make rational financial decisions. Whether you are a business leader or a cost estimating manager, you have a vested interest in understanding whether you can depend on your organisation's ability to generate accurate cost forecasts and estimates. But how can business leaders have confidence that the cost information that... Read more

Chapter 1. Foreword  

Chapter 2. Introduction 

Chapter 3. Knowledge Based Estimating (KBE) 

Chapter 4. What is the Cost Engineering Health Check (CEHC)? 

Chapter 5. The CEHC methodology 

Chapter 6. Data gathering, normalisation and application 

Chapter 7. Tools development and usage 

Chapter 8. People’s skills, professionalism and knowledge 

Chapter 9. Process existence and utilisation 

Chapter 10. Culture, leadership and management 

Chapter 11. Stakeholders engagement and acknowledgement 

Chapter 12. Conducting Assessments 

Chapter13. Summary

Biography

Dale Shermon has been estimating since 1984 and parametric cost estimating since 1987. He has presented courses in hardware estimating, software estimating, life cycle cost, Cost Estimating Relationships, Information Technology, risk analysis and supplier assessment in the UK, Italy, USA, Sweden, Australia, Taiwan and Germany. He has also conducted consulting assignments in cost estimating in UK, Italy, France, Australia and the Netherlands. Dale was the first European to become an International Society of Parametric Analysts (ISPA) Certified Parametric Practitioner (CPP) in 2003 and be awarded the Frank Freiman award in 2009. He has presented and published widely on cost engineering and parametrics and is a QinetiQ Fellow. Dale is also author of Systems Cost Engineering, Gower Publishing 2009.

Mark Gilmour has a PhD in Cost Engineering from Queens University, Belfast and is a Certified Cost Estimator and Analyst with Parametric specialism (CCEA/P) from the International Cost Estimating and Analysis Association (ICEAA). In 2013 Mark was awarded a QinetiQ Engineering, Scientific and Technical Recognition Award for his contribution to the development of the Cost Engineering Health Check. Whilst at QinetiQ Mark managed the Cost Estimating and Analysis Team and led through life cost and risk management and analysis activities in support of UK aerospace and defence programmes. He is an active member of the Society for Cost Analysis and Forecasting and ICEAA, and has been a regular contributor to professional cost analysis journals and conferences. He is currently a bid manager with Thales Advanced Weapons Systems based in Belfast.