Cost Management of Engineering Projects
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Cost Management of Engineering Projects Syllabus — Unit-wise Content
The official GTU curriculum for Cost Management of Engineering Projects (subject code 3730008) as prescribed for EACE · Semester 3 divides the course into 5 units, covering 49 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 (3730008)Unit 1 Unit-I
- Introduction: Introduction and Overview of the Strategic Cost Management Process 2 5
Unit 2 Unit-II
- Cost Concepts: Cost concepts in decision-making
- Relevant cost
- Differential cost
- Incremental cost and Opportunity cost
- Objectives of a Costing System
- Inventory valuation
- Creation of a Database for operational control
- Provision of data for Decision-Making
Unit 3 Unit-III
- Project: meaning
- Different types
- why to manage
- cost overruns centers
- various stages of project execution: conception to commissioning
- Project execution is a conglomeration of technical and non-technical activities
- Detailed Engineering activities
- Pre-project execution main clearances and documents Project team: Role of each member
- Importance Project site: Data required with significance
- Project contracts
- Types and contents
- Project execution Project cost control
- Bar charts and Network diagram
- Project commissioning: mechanical and process
Unit 4 Unit-III
- Cost Behavior and Profit Planning Marginal Costing: Distinction between Marginal Costing and Absorption Costing
- Break-even Analysis
- Cost-Volume-Profit Analysis
- Various decision-making problems
- Standard Costing and Variance Analysis
- Pricing strategies: Pareto Analysis
- Subject Code: 3730008 Cost Management of Engineering Projects Semester – III Subject Name: Target costing
- Life Cycle Costing
- Costing of service sector
- Just-in-time approach
- Material Requirement Planning
- Enterprise Resource Planning
- Total Quality Management and Theory of constraints
- Activity-Based Cost Management
- Bench Marking
- Balanced Score Card and Value-Chain Analysis
- Budgetary Control
- Flexible Budgets
- Performance budgets
- Zero- based budgets
- Measurement of Divisional profitability pricing decisions including transfer pricing
Unit 5 Unit-V
- Quantitative techniques for cost management
- Linear Programming
- Transportation problems
- Assignment problems
- Simulation, and Learning Curve Theory
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