code | IM536E |

credit_hours | 3 |

title | Engineering Cost Analysis |

arbic title | |

prequisites | 126 Credit Hours |

credit hours | 3 |

Description/Outcomes | This course provides the latest principles and techniques for the evaluation of engineering design, with an emphasis on analysis and estimation of costs. It analyzes labor, material, accounting, and forecasting; then the theme of estimating is developed, with a study of methods, operations, and products. |

arabic Description/Outcomes | |

objectives | It is expected that each student learns the following:
Basic concepts of cost estimation,
Different types of costs and their differences,
Methods used to estimate costs,
How to gather information, compile and use a cost estimate,
Importance of having a credible, supportable, usable, accurate, achievable, competitive, complete and realistic cost estimate,
Compute labour and material components of product cost.
Understand the importance of making appropriate economic decisions. |

arabic objectives | |

ref. books | Phillip F. Ostwald and Timothy S. McLaren, “Cost Analysis and Estimating for Engineering and Management”, Prentice Hall. |

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textbook | |

arabic textbook | |

objective set | combined |

content set | bullets |