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Cost and Effect is written for the general manager, and explains activity-based costing systems. It focuses on creating integrated, knowledge-based systems that provide managers with meaningful information, not just data.
Book Synopsis Cost & Effect by : Robert S. Kaplan
Download or read book Cost & Effect written by Robert S. Kaplan and published by Harvard Business Press. This book was released on 1998 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost and Effect is written for the general manager, and explains activity-based costing systems. It focuses on creating integrated, knowledge-based systems that provide managers with meaningful information, not just data.
TQM, Reengineering,Theory of Constraints, JIT,Six Sigma, Lean Manufacturing . . . These are just some of the methods that, overthe past five decades, have promised to transformany manufacturing firm into a lean, mean, moneymakingmachine. While each incorporates certainfundamental truths, strengths, and benefits, theyare not panaceas. Nor do they necessarily providemuch-needed insight into the science that underliesfactory performance. James Ignizio, Ph.D., an internationally recognizedperformance optimization expert, believesthat only a balanced approach will provide thesignificant and sustainable improvement requiredof firms who will survive and prosper in thetwenty-first century. In this breakthrough guide, Dr. Ignizio picks upwhere such concepts as Six Sigma and Lean Manufacturingleave off to provide you with a holistic,three-dimensional approach to mastering the artand science of manufacturing. Focusing on the three primary enemiesof factory performance—complexity, variability,and lackluster leadership—Optimizing FactoryPerformance cuts to the heart of the problem ofless-than-world-class performance and demonstrateshow those enemies manifest themselves incompanies across manufacturing sectors. Ignizioalso explores the insidious effect company politicsand flagging commitment to manufacturing performancehave on competitiveness. Emphasizing the all-important, often overlookedthird dimension of manufacturing—factoryprotocols—Ignizio describes the types of strategicand tactical changes to physical plant and operatingprocedures any company can make to achieveperformance improvements. In addition, he arms youwith powerful, original metrics for measuring andcomparing factory performance, as well as a set ofinteractive simulation models, available online atwww.mhprofessional.com/ignizio. Running throughout the book is an oftenamusing, always instructive account of the fictionalhigh-tech firm, Muddle, Inc., which helps supportthe concepts discussed in the real world of manufacturing,while reinforcing key lessons learned. Read Optimizing Factory Performance and findout how to transform your organization into the kindof fast, agile manufacturer that delivers the rightproducts to the right customers at the right time—every time.
Book Synopsis Optimizing Factory Performance: Cost-Effective Ways to Achieve Significant and Sustainable Improvement by : James P. Ignizio
Download or read book Optimizing Factory Performance: Cost-Effective Ways to Achieve Significant and Sustainable Improvement written by James P. Ignizio and published by McGraw Hill Professional. This book was released on 2009-06-12 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: TQM, Reengineering,Theory of Constraints, JIT,Six Sigma, Lean Manufacturing . . . These are just some of the methods that, overthe past five decades, have promised to transformany manufacturing firm into a lean, mean, moneymakingmachine. While each incorporates certainfundamental truths, strengths, and benefits, theyare not panaceas. Nor do they necessarily providemuch-needed insight into the science that underliesfactory performance. James Ignizio, Ph.D., an internationally recognizedperformance optimization expert, believesthat only a balanced approach will provide thesignificant and sustainable improvement requiredof firms who will survive and prosper in thetwenty-first century. In this breakthrough guide, Dr. Ignizio picks upwhere such concepts as Six Sigma and Lean Manufacturingleave off to provide you with a holistic,three-dimensional approach to mastering the artand science of manufacturing. Focusing on the three primary enemiesof factory performance—complexity, variability,and lackluster leadership—Optimizing FactoryPerformance cuts to the heart of the problem ofless-than-world-class performance and demonstrateshow those enemies manifest themselves incompanies across manufacturing sectors. Ignizioalso explores the insidious effect company politicsand flagging commitment to manufacturing performancehave on competitiveness. Emphasizing the all-important, often overlookedthird dimension of manufacturing—factoryprotocols—Ignizio describes the types of strategicand tactical changes to physical plant and operatingprocedures any company can make to achieveperformance improvements. In addition, he arms youwith powerful, original metrics for measuring andcomparing factory performance, as well as a set ofinteractive simulation models, available online atwww.mhprofessional.com/ignizio. Running throughout the book is an oftenamusing, always instructive account of the fictionalhigh-tech firm, Muddle, Inc., which helps supportthe concepts discussed in the real world of manufacturing,while reinforcing key lessons learned. Read Optimizing Factory Performance and findout how to transform your organization into the kindof fast, agile manufacturer that delivers the rightproducts to the right customers at the right time—every time.
This self-study guide for the Project Management Professional (PMP) certification exam from the Project Management Institute contains everything project managers need to pass the PMP Exam, including 44 processes, and 592 inputs, tools, and outputs. Exam topics are covered and insider secrets, complete explanations of all PMP subjects, test tricks and tips, hundreds of highly realistic sample questions, and exercises designed to strengthen understanding of PMP concepts and prepare managers for exam success on the first attempt are provided.
Book Synopsis The PMP Exam by : Andy Crowe
Download or read book The PMP Exam written by Andy Crowe and published by Velociteach Press. This book was released on 2005 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: This self-study guide for the Project Management Professional (PMP) certification exam from the Project Management Institute contains everything project managers need to pass the PMP Exam, including 44 processes, and 592 inputs, tools, and outputs. Exam topics are covered and insider secrets, complete explanations of all PMP subjects, test tricks and tips, hundreds of highly realistic sample questions, and exercises designed to strengthen understanding of PMP concepts and prepare managers for exam success on the first attempt are provided.
This book addresses an important issue -- the nature of and evidence for success in the transfer costing of internal services or shared services or products within a company. The case of activity-based costing (ABC) is used to explore how the proponents have developed a framework linking Quality, Cost and Delivery (QCD) components of products and services.The QCD performance indices, which are the natural properties of products and services, will form part of the Service Level Agreements between the internal service providers (Shared Services Centers) and internal customers (Profit Centers) of the company. This framework optimizes the use of overhead expenses to the end products of the company.This book also discusses the various cost components of the products and services using the full absorption costing principle. It is a revolutionary idea in the sense that all activity costs are considered variable costs and product costs come from activity costs using various cost drivers.The Principal Component Analysis (PCA), the multi-variate statistical tool, is applied using SPSS to analyze which independent variables contribute significantly to the Product Unit Price (PUP) and which should be given more emphasis in decision making process.
Book Synopsis Modern Product Costing Technique in the Age of Competition by : Romeo G. Manalo
Download or read book Modern Product Costing Technique in the Age of Competition written by Romeo G. Manalo and published by eBookIt.com. This book was released on 2011-03-24 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses an important issue -- the nature of and evidence for success in the transfer costing of internal services or shared services or products within a company. The case of activity-based costing (ABC) is used to explore how the proponents have developed a framework linking Quality, Cost and Delivery (QCD) components of products and services.The QCD performance indices, which are the natural properties of products and services, will form part of the Service Level Agreements between the internal service providers (Shared Services Centers) and internal customers (Profit Centers) of the company. This framework optimizes the use of overhead expenses to the end products of the company.This book also discusses the various cost components of the products and services using the full absorption costing principle. It is a revolutionary idea in the sense that all activity costs are considered variable costs and product costs come from activity costs using various cost drivers.The Principal Component Analysis (PCA), the multi-variate statistical tool, is applied using SPSS to analyze which independent variables contribute significantly to the Product Unit Price (PUP) and which should be given more emphasis in decision making process.
Download or read book Code of Federal Regulations written by and published by . This book was released on 2003 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Cost and Value Management in Projects Project manager’s guide to achieving cost efficiency and value optimization—thoroughly updated with new cases, examples, and problem sets The newly revised and updated Second Edition of Cost and Value Management in Projects provides project managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them and the managerial approaches for achieving cost efficiency and value optimization. Whereas most cost management books discuss the topic from a tactical perspective, such as through the use of simple budgeting or Earned Value Analysis, this Second Edition addresses cost from a strategic perspective, examining project management decision areas that have the potential to enhance value and providing an integrated framework for managing cost. The Second Edition includes updates to key topic areas such as project benefits realization, updated end-of-chapter exercises such as discussion questions and problem sets, updated case studies, and new spreadsheet analytic techniques and examples. Written by two highly qualified authors with significant experience in the field, Cost and Value Management in Projects includes information on: Value management through value planning, engineering, and analysis from the perspective of projects, and best practices on how to avoid common pitfalls in managing cost and value Organization strategy and project selection, organization structure and culture, project definition (and contracts), and estimating project times and cost Developing project plans and schedules, managing risk, scheduling resources and cost, reducing project duration, leadership, performance measurement, and project closure Attainment of value in complex environmental settings and benefits of effective project management Cost and Value Management in Projects is an essential resource on the subject for stakeholders at all corporate and government levels, including executives measuring performance, middle level corporate managers, project and team managers, engineers, project team members, and business consultants, along with students in related programs of study.
Book Synopsis Cost and Value Management in Projects by : Ray R. Venkataraman
Download or read book Cost and Value Management in Projects written by Ray R. Venkataraman and published by John Wiley & Sons. This book was released on 2023-04-11 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost and Value Management in Projects Project manager’s guide to achieving cost efficiency and value optimization—thoroughly updated with new cases, examples, and problem sets The newly revised and updated Second Edition of Cost and Value Management in Projects provides project managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them and the managerial approaches for achieving cost efficiency and value optimization. Whereas most cost management books discuss the topic from a tactical perspective, such as through the use of simple budgeting or Earned Value Analysis, this Second Edition addresses cost from a strategic perspective, examining project management decision areas that have the potential to enhance value and providing an integrated framework for managing cost. The Second Edition includes updates to key topic areas such as project benefits realization, updated end-of-chapter exercises such as discussion questions and problem sets, updated case studies, and new spreadsheet analytic techniques and examples. Written by two highly qualified authors with significant experience in the field, Cost and Value Management in Projects includes information on: Value management through value planning, engineering, and analysis from the perspective of projects, and best practices on how to avoid common pitfalls in managing cost and value Organization strategy and project selection, organization structure and culture, project definition (and contracts), and estimating project times and cost Developing project plans and schedules, managing risk, scheduling resources and cost, reducing project duration, leadership, performance measurement, and project closure Attainment of value in complex environmental settings and benefits of effective project management Cost and Value Management in Projects is an essential resource on the subject for stakeholders at all corporate and government levels, including executives measuring performance, middle level corporate managers, project and team managers, engineers, project team members, and business consultants, along with students in related programs of study.
Book Synopsis Hearings by : United States. Congress. House
Download or read book Hearings written by United States. Congress. House and published by . This book was released on 1962 with total page 1716 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal Energy Regulatory Commission Reports by : United States. Federal Energy Regulatory Commission
Download or read book Federal Energy Regulatory Commission Reports written by United States. Federal Energy Regulatory Commission and published by . This book was released on 1979 with total page 1358 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Management and administrative processes within the construction industry have been undergoing major changes in the last several decades. These changes have involved significant adjustments in management science and manage ment techniques, brought about by the need for contemporary valid informa tion with which to manage the construction process. In short, management in the construction industry is changing significantly; change will continue at an accelerated pace at least through the next decade. The responses required of construction industry management are now resulting in a movement away from an entrepreneurial management style to professional management tech niques and procedures. THE COMPELLING ECONOMIC ISSUES The issues forcing these changes are economic. The rising costs of construction and of money are forcing the buyers of construction services to be more demanding. Their demands are for more construction economies, more pro duction, and more productivity than at any time in the past. Nowhere has this been more evident than in the Business Roundtable on construction and in the response of the construction industry to it.· To be successfully responsive, management in the construction industry will be required to use the best project management methods available for cost control, schedule control, and for financial and accounting controls. But responsive professional management can survive and will flourish within this more demanding eco nomic environment.
Book Synopsis Integrated Cost and Schedule Control for Construction Projects by : Frederick W. Mueller
Download or read book Integrated Cost and Schedule Control for Construction Projects written by Frederick W. Mueller and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management and administrative processes within the construction industry have been undergoing major changes in the last several decades. These changes have involved significant adjustments in management science and manage ment techniques, brought about by the need for contemporary valid informa tion with which to manage the construction process. In short, management in the construction industry is changing significantly; change will continue at an accelerated pace at least through the next decade. The responses required of construction industry management are now resulting in a movement away from an entrepreneurial management style to professional management tech niques and procedures. THE COMPELLING ECONOMIC ISSUES The issues forcing these changes are economic. The rising costs of construction and of money are forcing the buyers of construction services to be more demanding. Their demands are for more construction economies, more pro duction, and more productivity than at any time in the past. Nowhere has this been more evident than in the Business Roundtable on construction and in the response of the construction industry to it.· To be successfully responsive, management in the construction industry will be required to use the best project management methods available for cost control, schedule control, and for financial and accounting controls. But responsive professional management can survive and will flourish within this more demanding eco nomic environment.
Although technology and productivity has changed much of engineering, many topics are still taught in very similarly to how they were taught in the 70s. Using a new approach to engineering economics, Systems Life Cycle Costing: Economic Analysis, Estimation, and Management presents the material that a modern engineer must understand to work as a practicing engineer conducting economic analysis. Organized around a product development process that provides a framework for the material, the book presents techniques such as engineering economics and simulation-based costing (SBC), with a focus on total life cycle understanding and perspective and introduces techniques for detailed analysis of modern complex systems. The author includes rules of thumb for estimation grouped with the methods, processes, and tools (MPTs) for conducting a detailed engineering buildup for costing. He presents the estimating costing of complex systems and software and then explores concepts such as design to cost (DTC), cost as an independent variable (CAIV), the role of commercial off-the-shelf technology, cost of quality, and the role of project management in LCC management. No product or services are immune from cost, performance, schedule, quality, risks, and tradeoffs. Yet engineers spend most of their formal education focused on performance and most of their professional careers worrying about resources and schedule. Too often, the design stage becomes about the technical performance without considering the downstream costs that contribute to the tota1 life cycle costs (LCC) of a system. This text presents the methods, processes, and tools needed for the economic analysis, estimation, and management that bring these costs in line with the goals of pleasing the customer and staying within budget.
Book Synopsis Systems Life Cycle Costing by : John V. Farr
Download or read book Systems Life Cycle Costing written by John V. Farr and published by CRC Press. This book was released on 2011-06-20 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although technology and productivity has changed much of engineering, many topics are still taught in very similarly to how they were taught in the 70s. Using a new approach to engineering economics, Systems Life Cycle Costing: Economic Analysis, Estimation, and Management presents the material that a modern engineer must understand to work as a practicing engineer conducting economic analysis. Organized around a product development process that provides a framework for the material, the book presents techniques such as engineering economics and simulation-based costing (SBC), with a focus on total life cycle understanding and perspective and introduces techniques for detailed analysis of modern complex systems. The author includes rules of thumb for estimation grouped with the methods, processes, and tools (MPTs) for conducting a detailed engineering buildup for costing. He presents the estimating costing of complex systems and software and then explores concepts such as design to cost (DTC), cost as an independent variable (CAIV), the role of commercial off-the-shelf technology, cost of quality, and the role of project management in LCC management. No product or services are immune from cost, performance, schedule, quality, risks, and tradeoffs. Yet engineers spend most of their formal education focused on performance and most of their professional careers worrying about resources and schedule. Too often, the design stage becomes about the technical performance without considering the downstream costs that contribute to the tota1 life cycle costs (LCC) of a system. This text presents the methods, processes, and tools needed for the economic analysis, estimation, and management that bring these costs in line with the goals of pleasing the customer and staying within budget.
