Engineering Estimation and Costing
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Follow on Instagram for UpdatesEngineering Estimation and Costing Syllabus — Unit-wise Content
The official GTU curriculum for Engineering Estimation and Costing (subject code 2182110) as prescribed for Metallurgy · Semester 8 divides the course into 4 units, covering 38 listed topics. The unit-wise breakdown below is read from the GTU syllabus document for this subject code, so you can check what the course actually covers before deciding which papers to attempt.
Download the official syllabus PDF (2182110)Unit 1 INTRODUCTION
- Related terminology
- Estimating - Importance and aim, objectives
- organizations of Estimating department
- Estimating Procedure
- Constituents of Estimation
- procedure of Costing
- types of costs
- Costing controls
- Difference between Estimating and Costing
- Control of Costs
- Elements of PPC and Time & Motion studies
- Profit and Pricing Policy
Unit 2 COSTING
- Elements of costs
- Costing methodology for raw materials
- Products and Services
- Nature of costs - Direct
- Traceable and Non traceable
- Determining of cost of raw materials
- Manufactured products
- Indirect expenses and depreciation
- Customer as cost object
- Micro-cost structure
- Tracing costs to customers
- Profit contribution by customer
- Wage payment - Methods to arrive at wages
Unit 3 COST MANAGEMENT
- Strategic analysis - raw materials
- finished products
- strategic and structural analysis
- Value engineering
- Cost variability
- Value chain
- Process and activity analysis
- Continuous cost improvement
- Performance evaluation
- Quality and Productivity Management
Unit 4 MENSURATION
- Areas of plane figures
- areas of irregular figures
- volumes & surface
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