Course

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.
arabic ref. books
textbook
arabic textbook
objective set	combined
content set	bullets

Course Content

content serial	Description
1	Importance of Engineering Cost Analysis. Labour Analysis. Case Study ? Labour Cost Analysis. Material Cost Analysis and Policies. Case Study ? Material Cost Analysis and Policies. Accounting Analysis. Case Study ? Accounting Analysis. Estimating Methods ? Universal and Operation Methods. Estimating Methods ? Product and Project Methods. Case Study ? Estimating Methods. Operation Estimating. Product Estimating. Case Studies on Operation and Product Estimating. Cost Analysis. Case Study - Cost Analysis. Final Exam.
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