CONTENTS Preface Dedication Acknowledgements INTRODUCTION Integration of Skills & Knowledge of Cost Engineering Dr. Scott J. Amos, PE Donald F. McDonald, Jr PE CCE John K. Hollmann, PE CCE SECTION 1—COST 1. 2. 3. 4. 5. 6. 7. 8. Cost Elements Pricing Materials Labor Engineering Equipment, Parts, and Tools Economic Costs Activity-Based Cost Management Franklin D. Postula, PE CCE Rohit Singh, PEng CCE Neil D. Opfer, CCE Morris E. Fleishman, PE CCE Neil D. Opfer, CCE Dr. Carl C. Chrappa Neil D. Opfer, CCE Gary Cokins SECTION 2—COST ESTIMATING 9. 10 11. Estimating Process Product Manufacturing Discrete Product Manufacturing Larry R. Dysert, CCC Dr. Kenneth K. Humphreys, PE CCE Dr. Robert C. Creese, PE CCE SECTION 3—PLANNING & SCHEDULING 12. 13. Planning Scheduling Jennifer Bates, CCE Anthony J. Werderitsch, PE CCE SECTION 4—PROGRESS & COST CONTROL 14. 15. 16. Progress Measurement and Earned Value Earned Value for Variable Budgets Tracking Cost and Schedule Performance Dr. Joseph J. Orczyk, PE CCE Dr. Joseph J. Orczyk, PE CCE Dr. Joseph J. Orczyk, PE CCE 17. Performance and Productivity Management Dr. James M. Neil, PE CCE SECTION 5—PROJECT MANAGEMENT 18. 19. 20. 21. 22. 23. 24. 25. 26. Project Management Fundamentals Project Organization Structure Project Planning Project Labor Cost Control Leadership and Management of Project People Quality Management Value Analysis Contracting for Capital Projects Strategic Asset Management James A. Bent, CCC James A. Bent, CCC James A. Bent, CCC Dr. Joseph J. Orczyk, PE CCE Dr. Ginger Levin Gary Cokins Del L. Younker, CCC James G. Zack, Jr. John K. Hollmann, PE CCE SECTION 6—ECONOMIC ANALYSIS 27. 28. Basic Engineering Economics Applied Engineering Economics Dr. Scott J. Amos, PE Dr. Scott J. Amos, PE SECTION 7—STATISTICS, PROBABILITY, & RISK 29. Statistics & Probability 30. Basic Concepts in Descriptive Statistics Risk Management 31. Dr. Elizabeth Y. Chen and Mark T. Chen, PE CCE Dr. Frederick B. Muehlhausen Allen C. Hamilton, CCE APPENDICES A. B. C. D. E. F. G. H. J. AUTHOR INDEX Glossary of Terms International System of Units Estimating Reference Material RP 11R-88—Required Skills and Knowledge of a Cost Engineer RP 17R-97—Cost Estimate Classification System RP 18R-97—Cost Estimate Classification System—As Applied in Engineering, Procurement, and Construction for the Process Industries RP 21R-98—Project Code of Accounts—As Applied in Engineering, Procurement, and Construction for the Process Industries Proposed Scope Graphic for PSP Membership Information (Introduction, Canon of Ethics)