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Strategic Cost Fundamentals - for Designers, Engineers, Technologists, Estimators, Project Managers, and Financial Analysts (Paperback)
Loot Price: R1,803
Discovery Miles 18 030
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Strategic Cost Fundamentals - for Designers, Engineers, Technologists, Estimators, Project Managers, and Financial Analysts (Paperback)
Series: Synthesis Lectures on Engineering
Expected to ship within 10 - 15 working days
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This book is designed to introduce designers, engineers,
technologists, estimators, project managers, and financial analysts
as well as students in engineering and business to strategic cost
tools for project cost evaluations. The three main sections are as
follows. (1) Cost Relationships, Financial Statements, and
Performance Measures-This section describes the relationships
between cash flows and profits; the relationships between financial
statements and the Purcell Diagram; and the issues of cost
estimating, time-based breakeven analysis and time-based earned
schedule. (2) Tools for Economic Evaluations-This section considers
the basic mathematical relations used behind the economic equations
and factors; discrete and continuous interest; depreciation terms
and methods; and the Present Value of Principal Approach for
evaluating loans. (3) Methods for Project Evaluation and Risk
Analysis-This section considers payback periods, present worth
analysis, return on investment, internal rate of return,
benefit/cost ratios and positive-negative project balances; risk
techniques of sensitivity analysis, optimistic-pessimistic
analysis, discrete probability examples, and continuous probability
models using the normal and triangular distributions.
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