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Predicting Design Costs

Published online by Cambridge University Press:  04 July 2016

D.J. Leech  and
D. L. Earthrowl
D.J. Leech
Affiliation:
University College of SwanseaDivision of Industrial Systems Engineering
D. L. Earthrowl
Affiliation:
University College of SwanseaDivision of Industrial Systems Engineering
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Extract

An investigation of design procedures in high technology engineering organisations is being undertaken by the Divi-sion of Industrial Systems Engineering at University College of Swansea. To ensure comparable levels of en-gineering sophistication the study has been confined mainly to the aircraft component industry.

Initial work in this study has revealed some interesting facts about the prediction of design and development costs. Detailed information about design and development expenditures, estimated and actual, has been collected from one company and less precise data indicating similar trends has been gathered from three other companies.

Type
Research Article
Information
The Aeronautical Journal , Volume 76 , Issue 741 , September 1972 , pp. 575 - 577
Copyright
Copyright © Royal Aeronautical Society 1972 

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References

1. Hahn, E. J. and Shapiro, S. S. Statistical models in engineering. John Wiley and Sons, NY, 1967.Google Scholar
2.Report of the Steering Group on Development Cost Estimating, Ministry of Technology, HMSO, London, 1969.Google Scholar