Cost engineering for manufacturing: current and future research

Yuchun Xu; John Ahmed Erkoyuncu; Oyetola Bankole; Yee Mey Goh; Wai Ming Cheung; Paul Baguley; Qing Wang; Panumas Arundachawat; Essam Shehab; Linda Newnes; Rajkumar Roy

doi:10.1080/0951192X.2010.542183

Cost engineering for manufacturing: current and future research

Yuchun Xu, John Ahmed Erkoyuncu, Oyetola Bankole, Yee Mey Goh, Wai Ming Cheung, Paul Baguley, Qing Wang, Panumas Arundachawat, Essam Shehab, Linda Newnes, Rajkumar Roy

Mechanical and Construction Engineering Department

Research output: Contribution to journal › Article › peer-review

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Abstract

This paper aims to review the current practice in cost engineering, identify the scientific research challenges and suggest future direction of this area research. It has been developed based on both the outputs from the academic forum of cost engineering at Cranfield University in the UK and the state of art on cost engineering research. The promising future research subjects in Cost Engineering have been identified and discussed in detail such as understanding the factors impacting design rework; cost estimation using CAPP information; estimating the uncertainties through life cycle; and developing uncertainty modelling methods.

Original language	English
Pages (from-to)	300-314
Journal	International Journal of Computer Integrated Manufacturing
Volume	25
Issue number	4/5
DOIs	https://doi.org/10.1080/0951192X.2010.542183
Publication status	Published - 2012

Keywords

cost engineering
life cycle cost
risk
uncertainty
affordability engineering

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10.1080/0951192X.2010.542183

Current and Future Research on Cost Engineering accepted copyAccepted author manuscript, 832 KB

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title = "Cost engineering for manufacturing: current and future research",

abstract = "This paper aims to review the current practice in cost engineering, identify the scientific research challenges and suggest future direction of this area research. It has been developed based on both the outputs from the academic forum of cost engineering at Cranfield University in the UK and the state of art on cost engineering research. The promising future research subjects in Cost Engineering have been identified and discussed in detail such as understanding the factors impacting design rework; cost estimation using CAPP information; estimating the uncertainties through life cycle; and developing uncertainty modelling methods.",

keywords = "cost engineering, life cycle cost, risk, uncertainty, affordability engineering",

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note = "This is a preprint of an article submitted for consideration in the International Journal of Computer Integrated Manufacturing {\textcopyright} 2012 [Copyright Taylor & Francis]; International Journal of Computer Integrated Manufacturing is available online at: http://www.tandfonline.com/doi/abs/10.1080/0951192X.2010.542183.",

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AU - Xu, Yuchun

AU - Erkoyuncu, John Ahmed

AU - Bankole, Oyetola

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AU - Cheung, Wai Ming

AU - Baguley, Paul

AU - Wang, Qing

AU - Arundachawat, Panumas

AU - Shehab, Essam

AU - Newnes, Linda

AU - Roy, Rajkumar

N1 - This is a preprint of an article submitted for consideration in the International Journal of Computer Integrated Manufacturing © 2012 [Copyright Taylor & Francis]; International Journal of Computer Integrated Manufacturing is available online at: http://www.tandfonline.com/doi/abs/10.1080/0951192X.2010.542183.

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N2 - This paper aims to review the current practice in cost engineering, identify the scientific research challenges and suggest future direction of this area research. It has been developed based on both the outputs from the academic forum of cost engineering at Cranfield University in the UK and the state of art on cost engineering research. The promising future research subjects in Cost Engineering have been identified and discussed in detail such as understanding the factors impacting design rework; cost estimation using CAPP information; estimating the uncertainties through life cycle; and developing uncertainty modelling methods.

AB - This paper aims to review the current practice in cost engineering, identify the scientific research challenges and suggest future direction of this area research. It has been developed based on both the outputs from the academic forum of cost engineering at Cranfield University in the UK and the state of art on cost engineering research. The promising future research subjects in Cost Engineering have been identified and discussed in detail such as understanding the factors impacting design rework; cost estimation using CAPP information; estimating the uncertainties through life cycle; and developing uncertainty modelling methods.

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KW - life cycle cost

KW - risk

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KW - affordability engineering

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Cost engineering for manufacturing: current and future research

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Keywords

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