This work focuses on the application of fundamental cost engineering principles to the capital and operating costs estimation of major projects. It provides detailed coverage of profitability, risk, and sensitivity analysis. This third edition: discusses novel strategies for calculating preliminary estimates using MasterFormat; presents new information on estimating the retrofitting and extension of existing plants; contains current international cost data; and more.;A solutions manual is available to instructors only.

Covering the life of a construction project from inception to completion, this useful reference explains basic and advanced aspects of engineering economics, cost estimating, cost control, cost forecasting, planning, and scheduling. It serves both as a comprehensive introduction to cost engineering and as a practical, on-the-job guide for any construction project where the object is economy. Construction Cost Engineering Handbook describes the responsibilities of each member of the construction team and defines their relationship to project control ... analyzes project economics before, during, and after a project's finish ... examines various types and methods of estimating ... distinguishes between cost reporting and cost forecasting, with valuable cost and scheduling integration examples ... considers planning and scheduling procedures such as the bar chart and sophisticated contemporary techniques ... highlights ways of avoiding common mistakes through data development ... and furnishes computer samples for estimating, cost control, cost forecasting, and scheduling. Illustrated with more than 180 excellent diagrams and drawings, and featuring convenient appendixes on foreign and remote projects, code of accounts and work breakdown structure, and typical project activities, Construction Cost Engineering Handbook is an indispensable reference for civil, cost, project, plant, design, construction, and industrial engineers and managers as well as architects, building contractors, and financial controllers involved with construction projects. Book jacket.

Environmental engineers work to increase the level of health and happiness in the world by designing, building, and operating processes and systems for water treatment, water pollution control, air pollution control, and solid waste management. These projects compete for resources with projects in medicine, transportation, education, and other fields that have a similar objective. The challenge is to make the investments efficient – to get the best project outputs with a minimum of inputs. Cost Engineering for Pollution Prevention and Control examines how to identify the best solution by judging alternatives with respect to some measure of system performance, such as total capital cost, annual cost, annual net profit, return on investment, cost-benefit ratio, net present worth, minimum production time, maximum production rate, minimum energy utilization, and so on. Key Features: Explains how to estimate preliminary costs, how to compare the life cycle costs of alternative projects, how to find the optimal balance between capital costs and operating costs. Emphasis is placed on formulating the problem rather than on the mathematical details of how the calculations are done. Provides numerous practical examples and case studies. Includes end-of-chapter exercises dealing with water, wastewater, air pollution, solid wastes, and remediation projects. The important concepts presented in this book can be understood by those students who have taken an introductory course in environmental engineering. Advanced knowledge of process design is not required. The material can also be utilized by engineers, managers, and others who would benefit from a better understanding of how engineers look at problems.