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Bihar Engineering University, Bihar, Electronics and Communication engineering Semester 7, Cost Management of Engineering Projects Syllabus
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Unit - 1 Introduction and Overview of the Strategic Cost Management Process
Unit 1
Introduction and overview of the strategic cost management process
1.1 Cost concepts in decision making
1.2 Relevant cost differential cost incremental cost and opportunity cost
1.3 Objectives of a costing system
1.4 Inventory valuation
1.5 Creation of a database for operational control
Unit - 2 Provision of data for Decision-Making
Unit 2
Provision of data for DecisionMaking
2.1 Project meaning Different types why to manage cost overruns centres various stages of project execution conception to commissioning
2.2 Project execution as conglomeration of technical and nontechnical activities. Detailed engineering activities
2.3 Pre project execution main clearances and documents
Unit 2
Provision of data for DecisionMaking
2.1 Project meaning Different types why to manage cost overruns centres various stages of project execution conception to commissioning
2.2 Project execution as conglomeration of technical and nontechnical activities. Detailed engineering activities
2.3 Pre project execution main clearances and documents
Unit - 3 Project team
Unit 3
Project team
3.1 Role of each manager
3.2 Importance Project site Data required with significance
3.3 Project contracts. Types and contents. Project execution Project cost control. Bar charts and Network diagram
Unit 3
Project team
3.1 Role of each manager
3.2 Importance Project site Data required with significance
3.3 Project contracts. Types and contents. Project execution Project cost control. Bar charts and Network diagram
Unit - 4 Project commissioning
Unit 4
Project Commissioning
4.1 Mechanical and process Cost Behaviour and Profit Planning Marginal Costing Distinction between Marginal Costing and Absorption Costing Breakeven Analysis CostVolumeProfit Analysis.
4.2 Various decisionmaking problems. Standard Costing and Variance Analysis. Pricing strategies Pareto Analysis. Target costing Life Cycle Costing.
4.3 Costing of service sector. Justintime approach Material Requirement Planning Enterprise Resource Planning Total Quality Management and Theory of constraints.
Unit 4
Project Commissioning
4.1 Mechanical and process Cost Behaviour and Profit Planning Marginal Costing Distinction between Marginal Costing and Absorption Costing Breakeven Analysis CostVolumeProfit Analysis.
4.2 Various decisionmaking problems. Standard Costing and Variance Analysis. Pricing strategies Pareto Analysis. Target costing Life Cycle Costing.
4.3 Costing of service sector. Justintime approach Material Requirement Planning Enterprise Resource Planning Total Quality Management and Theory of constraints.
Unit - 5 Activity-Based Cost Management
Unit 5
Activity based cost management
5.1 Bench Marking Balanced Score Card and ValueChain Analysis
5.2 Budgetary Control Flexible Budgets Performance budgets Zerobased budgets
5.3 Measurement of Divisional profitability pricing decisions including transfer pricing
5.4 Quantitative techniques for cost management
5.5 Linear Programming PERTCPM Transportation problems Assignment problems Simulation Learning Curve Theory
Unit 5
Activity based cost management
5.1 Bench Marking Balanced Score Card and ValueChain Analysis
5.2 Budgetary Control Flexible Budgets Performance budgets Zerobased budgets
5.3 Measurement of Divisional profitability pricing decisions including transfer pricing
5.4 Quantitative techniques for cost management
5.5 Linear Programming PERTCPM Transportation problems Assignment problems Simulation Learning Curve Theory
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