Estimating, Costing & Project Management

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ESTIMATING, COSTING & DI05055011
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Code: DI05055011 Credits: 4 Semester 5 FT

Estimating, Costing & Project Management

Get the full GTU study material, English & Gujarati textbook PDFs, syllabus curriculum, and solved previous year question papers.

Estimating, Costing & Project Management Syllabus โ€” Unit-wise Content

The official GTU curriculum for Estimating, Costing & Project Management (subject code DI05055011) as prescribed for FT ยท Semester 5 divides the course into 5 units, covering 16 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 (DI05055011)

Unit 1 Estimation

  • 1.1 Meaning of administration
  • management and organization 1.2 Meaning of capital
  • costing and bill of material 1.3 Definition and Importance of Estimation 1.4 Aims and Functions of Estimation 1.5 Organisation of Estimation Department 1.5.1 Qualities of Estimator 1.5.2 Functions of Estimator 1.5.3 Estimating Procedure 1.5.4 Sources of Errors in Estimating 1.5.5 Constituents of Estimation 1.6 Mensuration 1.6.1 Areas of plane figures 1.6.2 Areas of Irregular figures 1.6.3 Volume and surface areas of solids 1.7 Estimation of Material Cost 1.7.1 Introduction 1.7.2 Procedure 05 11.11

Unit 2 Estimation in Various Shops

  • 2.1 Estimation in Machine Shop 2.1.1 Introduction 2.1.2 Machine shop operations 2.1.3 Cutting speed
  • Depth of cut 2.1.4 Lathe operation 2.2 Estimation in Sheet Metal Shop 2.2.1 Introduction 2.2.2 Operations in sheet metal shop 2.2.3 Sheet metal joints 2.2.4 Blank layout 2.3 Estimation in Forging Shop 2.3.1 Forging - Hand forging
  • Machine forging 2.3.2 Forging operations 15 33.34 Program Name : Diploma Engineering Level : Diploma Branch : Fabrication Technology Subject Code: DI05055011 Subject Name : Estimating
  • Costing & Project Management w.e.f. 2026-27 http://syllabus.gtu.ac.in/ Page no.3 of 8 2.3.3 Estimation procedure - Estimation of Net Weight
  • Losses and Time 2.4 Estimation in Welding Shop 2.4.1 Welding
  • type of welding joints 2.4.2 Gas welding 2.4.3 Electric welding 2.4.4 Estimation of arc welding cost 2.4.5 Factor Affecting Welding Cost 2.5 Estimation of Process Equipment 2.5.1 Estimation of shell
  • cone and nozzle

Unit 3 Costing

  • 3.1 Costing Definition
  • Aims 3.2 Difference between Estimating and Costing 3.3 Procedure for costing 3.4 Costing methods 3.5 Advantage of efficient costing 3.6 Classification of cost 3.7 Material costing 3.7.1 Cost of materials 3.7.2 Control over material cost 3.7.3 Waste control 3.7.4 Valuation of materials issued from stores 3.8 Labour Costing 3.8.1 Objectives of labour costing 3.8.2 Wages and Incentives 3.8.3 Wage differentials 3.8.4 Methods of wage payment 3.8.5 Bonus system 3.8.6 Fringe โ€“ Benefits 3.8.7 Non โ€“ Financial Incentives 3.9 Material Cost Economics 3.9.1 Analysis of costs and usage 3.9.2 Check purchasing practices 3.9.3 Use of value Analysis 3.9.4 Simplification
  • Rationalisation 3.9.5 Update old ideas 3.10 Indirect Expenses and Depreciation 3.10.1 Introduction 3.10.2 Factory expenses 3.10.3 Administrative expenses 3.10.4 Selling and distribution expenses 3.10.5 Depreciation 10 22.22 Program Name : Diploma Engineering Level : Diploma Branch : Fabrication Technology Subject Code: DI05055011 Subject Name : Estimating
  • Costing & Project Management w.e.f. 2026-27 http://syllabus.gtu.ac.in/ Page no.4 of 8 3.10.6 Method of Calculating Depreciation

Unit 4 Project Management

  • 4.1 Bar chart 4.2 Gantt progress chart 4.3 Route and schedule chart 4.4 Line of balance 4.5 CPM and PERT 4.6 Terms related with CPM and PERT 4.7 Rules or Network construction 4.8 Programme Evaluation and Review Technique (PERT) 4.9 Estimation of activity time in PERT 4.10 Difference Between CPM and PERT 10 22.22

Unit 5 Budget and Budgetary Control

  • 5.1 Budget 5.2 Budgeting 5.3 Budget Classification 5.4 Budgetary Control 5.5 Essential Conditions for Applying Budgetary Control 05 11.11

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