the changing role of the cost engineer peter astley l.
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The Changing Role of the Cost Engineer Peter Astley. Three Questions. Who are we? Where have we come from? Where are we going? . Engineering. Applied to both Manufacturing and Projects. Develop. Design. Procure. Construct . Test. Maintain. Dispose.

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Presentation Transcript
three questions
Three Questions
  • Who are we?
  • Where have we come from?
  • Where are we going?
engineering
Engineering

Applied to both Manufacturing and Projects

Develop

Design

Procure

Construct

Test

Maintain

Dispose

Continuous Improvement

the professional engineer
The Professional Engineer

Opportunity

Analysis

Application

of

Technology

Systems

&

Processes

Continuous

Improvement

Ethics

slide5

Cost As An Independent Variable

Quality

Performance

Schedule

Cost

slide6

Comparison – Manufacturing & Projects

  • Numbers - Manufacturing, several or many
          • projects, one or few
  • Processes - Industry dependent

~ Oil & gas, piping, vessels

~ Aerospace, machining, forming

  • Techniques - Planning, part planning or critical path
          • Risk management – nature of risk
          • Estimating - process dependent
          • 6s/kaizan/lean manufacturing or continuous performance improvement/value engineering
          • Through life costing – capital and operating cost
slide7

UK Industrial History

1700

1800

1900

2000

2100

Textiles

Iron & Steel

Coal

Roads

Canals

Infrastructure

?

Shipbuilding

Armaments

Railways

Pharmachem

Nuclear

Aerospace

Oil & Gas

Computing and Communications

slide8

The Birth of the Cost Engineer

1700

1800

1900

2000

2100

Entrepreneurs

Quantity Surveyors

Accountants

?

Cost Engrs

slide9

The Role of the Cost Engineer

  • Accountant Budget, expended, post mortem, corporate strategy
  • QS Value of work, expended, contract management
  • Cost Engineer Estimate, risk, budget, changes, value of work, expended, forecast, analysis, early warning and advice
  • Project Mgr Organisation, motivation, corrective action
slide10

The Challenge

Globalisation

  • Poor judgment, project overspend, loss of manufacturing base
  • Software processes replacing analysis, low investment in training
  • Lack of engineering foundation

Judgement

Application

Knowledge

slide11

Better Performance

  • Improve front-end loading & planning
  • Improve risk management
  • Less reporting, more analysis
  • Collaborative contracts/supply chain
  • Professional, high calibre cost engineers
slide12

Where Should We Be Going?

  • A united profession
  • Cost engineering at senior management level
  • Chartered level qualifications
  • Increased influence in decision making
  • Long term vision
slide13

Motivation for Qualifications

  • Higher pay
  • Increased influence
  • Serving the profession
slide14

Summary

  • Who are we?
  • Engineering knowledge with cost application and judgement
  • Where have we come from?
  • Cost engineering developed from oil & gas and aeronautics
  • Where are we going?
  • Build on the work of A Cost E
  • The profession as influencers to government & industry