Overview
- Foussier is one of the most experienced cost estimators in Europe
- He provides a practical approach that is lacking in other cost estimating books
Part of the book series: Decision Engineering (DECENGIN)
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Table of contents (19 chapters)
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Front Matter
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Preparing the Data
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Front Matter
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Using Models: Parametric Models Within a Business
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Front Matter
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Keywords
About this book
Parametric cost estimating, when properly used, is a powerful and cost effective technique. Unfortunately, it is often misunderstood and rejected by many potential users for whom it could be a beneficial tool. An agreement on how to use it and how to recognise its limitations is a major benefit to the cost estimating community.
This book presents ways of parametrically forecasting costs and their advantages and disadvantages with examples from the mechanical, software and building industries and discusses most of the mathematical procedures useful for parametrically forecasting costs. Introduces the judgement needed to audit the ways these techniques are used, firstly as a process and secondly as a tool to generate estimates.
In Volume 1: "The Parametric Approach" cost estimating is introduced; the preparation of data before utilization is discussed; the basic concepts of ‘general’ cost estimating models are examined; the use of cost models is considered and finally, risk analysis is introduced.
Authors and Affiliations
About the author
Pierre Foussier is manager of 3f, the company he founded in 1992 dedicated to the improvement of cost-estimating tools. In his job he develops parametric cost models and trains users of these models. As well as training project managers in cost-estimating, he often acts as a consultant for many diverse companies, carrying out independent cost estimates.
Foussier is a co-founder of AFITEP – a French non-profit organisation specialising in the progress of cost-estimating, planning and project management. He is also the founder of XPAR, a non-profit organisation aiming to promote the parametric method of cost-estimating. XPAR recently merged with AFITEP and is now the working group of this society in the domain of parametrics.
So far in his career, Foussier has been involved in the development and production of some equipment and systems for use in the military industry. He has also been an engineer at the French space agency (CNES) and has nearly twenty years experience of cost estimating for major space projects.
Bibliographic Information
Book Title: From Product Description to Cost: A Practical Approach
Book Subtitle: Volume 1: The Parametric Approach
Authors: Pierre Foussier
Series Title: Decision Engineering
DOI: https://doi.org/10.1007/1-84628-335-3
Publisher: Springer London
eBook Packages: Engineering, Engineering (R0)
Copyright Information: Springer-Verlag London 2006
Hardcover ISBN: 978-1-85233-973-9Published: 20 December 2005
Softcover ISBN: 978-1-84996-982-6Published: 14 March 2012
eBook ISBN: 978-1-84628-335-2Published: 04 April 2006
Series ISSN: 1619-5736
Series E-ISSN: 2197-6589
Edition Number: 1
Number of Pages: XXXII, 296
Topics: Engineering Economics, Organization, Logistics, Marketing, Complexity, Political Economy/Economic Systems, Operations Research/Decision Theory, Linear and Multilinear Algebras, Matrix Theory