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ICED 11
Papers

APPROACH FOR DEVELOPMENT COST ESTIMATION IN EARLY DESIGN PHASES

APPROACH FOR DEVELOPMENT COST ESTIMATION IN EARLY DESIGN PHASES

Year: 2010

Section: DESIGN METHODS

Editor: Marjanovic D., Storga M., Pavkovic N., Bojcetic N.

Author: Hellenbrand, D.; Helten, K.; Lindemann, U.

Section: DESIGN METHODS

Pages: 779-788

Abstract

A lot of methods deal with the prediction of production or life-cycle costs. At the same time in engineering design there are almost no methods available to predict development costs. These are also of relevance because they are closely related to development effort. Based on an analysis of different related classes of available methods and their adaptability to the problem an approach is presented which allows for development cost estimation in early design phases. To deal with the high uncertainty it combines a regression analysis with statistic simulation to an overall model.

Keywords: cost estimation, development costs, early design phases, uncertainty

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DESIGN 2010 - 11th International Design ConferenceCreative thinking, computational synthesis, environmental concerns, structural complexity, mechatronics, modelling of engineering processes, decision making, research quality, product development, embodiment, ... Each of these terms covers a range of activities, practical efforts and research streams. Excerpted from the DESIGN 2010 topic and workshop titles these terms epitomise the multi-dimensional nature of design that gathers all of the authors and participants to the DESIGN conference events. Our...

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Keywords
Design Science Journal