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Other university, Electronics and Communication engineering , Cost Management Of Engineering Projects Syllabus

Cost Management Of Engineering Projects Lecture notes | Videos | Free pdf Download | Previous years solved question papers | MCQs | Question Banks| Syllabus

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 - 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 - 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 - 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