Buy online using : Credit Card / Debit Card / Internet Banking
In the world of engineers and within the domain of Value Engineering, it is critical to have the knowledge of cost - How cost elements are built up in different industries, e.g., manufacturing, process industry, job shops, etc. The underlying belief is that only with pertinent knowledge can the engineers control and improve costs.
Cost is also a key focus area in certification programs such as the Certified Value Specialist (CVS) program on Value Engineering. Value Engineering practitioners and students find it difficult to assimilate the financial aspects required for qualifying the certification test.
Keeping all this in mind, this book builds on the concept of cost elements, chapter by chapter. Different methods of costing have been discussed in a separate chapter.
Each chapter supports the learning process through solved examples that clarify the concepts.
At the end of each chapter, objective type questions and problems are given. The solutions of all the objective questions and the problems have been provided in the last chapter.
The book is meant to be user-friendly and is focused on building an affinity for cost, through a simplified approach.
1. Introduction 2. Elements of cost 3. Direct material cost 4. Direct labour cost 5. Direct expenses 6. Overhead 7. Methods of costing 8. Techniques 9. Cost model 10.Standard costing Glossary Bibliography Index.
Anil Kumar Mukhopadhyaya :-
CVS-Life; FINVEST, MIIIE, LMINVEST is one of the pioneering Certified Value Specialists in India. He is also the author of six highly successful books titled Value Engineering: Concepts, Techniques and Applications; Value Engineering Mastermind From Concepts to Value Engineering Certification, Function Analysis System Technique - A Stimulating Tool; Cost Engineering; Function Analysis System Technique - For Breakthrough Solutions and Indian Value Engineering Society (1977-2017). He has written several articles on the subject of value engineering and industrial engineering for National and International Journals. He had also received Productivity Award 1984 (for Individual / Groups) instituted by the Association of Indian Engineering Industry (Eastern Region). He also received the best Case Study Award by the Indian Institution of Industrial Engineering for a Case Study on Value Engineering, titled ';A pragmatic approach to cost reduction through value engineering—A case study' in 1986.
He was Secretary of Indian Value Engineering Society (Eastern Zonal Council) from 1997 to 1999. Presently he is Member of INVEST Certification Board and also Member of the Editorial Board of INVAVE, journal of Indian Value Engineering Society. He was awarded a Fellowship by the Indian Value Engineering Society in 2005. He received the PRESIDETIAL AWARD during 2018 Mumbai INVEST Conference.