Skip to main content
Article thumbnail
Location of Repository

Cost engineering for manufacturing: current and future research

By Yuchun Xu, John Ahmed Erkoyuncu, Oyetola Bankole, Yee Mey Goh, Wai Ming Cheung, Paul Baguley, Qing Wang, Panumas Arundachawat, Essam Shehab, Linda Newnes and Rajkumar Roy


This paper aims to review the current practice in cost engineering, identify the scientific research challenges and suggest future direction of this area research. It has been developed based on both the outputs from the academic forum of cost engineering at Cranfield University in the UK and the state of art on cost engineering research. The promising future research subjects in Cost Engineering have been identified and discussed in detail such as understanding the factors impacting design rework; cost estimation using CAPP information; estimating the uncertainties through life cycle; and developing uncertainty modelling methods

Topics: H100, H300, H700
Publisher: Taylor & Francis
Year: 2012
OAI identifier:

Suggested articles


  1. 2010a. Understanding service uncertainties in Industrial Product- Service System cost estimation. doi
  2. 2010b. Managing uncertainty in service cost estimation for Product Service Systems. doi
  3. (2001). A comparative approach for modelling the cost of energy in sport facilities. doi
  4. (2009). A competitive framework for industrial product service systems, doi
  5. (2009). A critique of product and service based systems"
  6. (2009). A customer value model for sustainable service design. doi
  7. (1999). A Decision Analytic Framework for Evaluating Concurrent Engineering. doi
  8. (1997). A Model-Based Framework to Overlap Product Development Activities, doi
  9. (2006). A Proposed Method for Cost estimating for Low Volume Infrequent Electronic Products.
  10. (2004). A Review of Approaches to Treat Uncertainty in LCA. doi
  11. (2005). A simulation-based process model for managing complex design projects. doi
  12. (2007). A Study of Life Cycle Costing doi
  13. (2005). Ability and willingness to pay for water supply service in the GAZA strip. doi
  14. (1989). Accounting for automation.
  15. (2009). afford [online]. Available from: [Accessed
  16. (2000). Affordability Analysis for DARPA Programs.
  17. (2000). Affordability of basic telephone service: an income distribution approach. doi
  18. (2009). An Analogy Based Estimation Framework for Design Rework Efforts. doi
  19. (1963). An Experimental Application of the Delphi Method to the Use of Experts," doi
  20. (2006). An Integrated Approach to Life Cycle Analysis. doi
  21. (2002). An Intelligent Knowledge-Based System for Product Cost Modelling. doi
  22. (2002). An investigation of techniques for addressing software affordability. Aerospace Conference Proceedings, doi
  23. (2007). Annual Report doi
  24. (1998). Australian National Audit Office, doi
  25. (2001). Automation, Production Systems, and Computer-integrated Manufacturing. Prentice Hall, Upper Saddle River,
  26. (2009). Available from:
  27. (1993). Can Pay? Won't Pay? or Economic Principles of Affordability. doi
  28. (2007). Can poor consumers pay for energy and water? An affordability analysis for transition countries. doi
  29. (2007). Characterizing, Propagating, and Analyzing Uncertainty in Life-Cycle Assessment: A Survey of Quantitative Approaches. doi
  30. (2009). Collaborative Engineering for Enhanced Producibility by Ontology-based Integration of Design and Production, In: Ned Kock (Ed.) doi
  31. (2004). Combining various facets of uncertainty in whole-life cost modeling. doi
  32. (2007). Concurrent Cost Estimation as a Tool for Enhanced Producibility – System Development and Applicability for Producibility Studies. doi
  33. (2010). Cost modelling techniques for availability type service support contracts: A literature review and empirical study. Submitted to CIRP doi
  34. (2001). Costing in economic evaluations” In: Drummond M, McGuire A (eds) Economic evaluation in health care: Merging theory with practice.
  35. (2009). Current Practice in Affordability Assessment of Product-Service Systems within the Aerospace and Defence industries. doi
  36. (2001). Current Trend in Computer Aided Process Planning.
  37. (1993). Customer Value Assessment in Business Markets: A State-of-Practice Study. doi
  38. (2009). Data uncertainty assessment and information flow analysis for Product-Service Systems in a library case study. doi
  39. (2003). Defining Uncertainty: A conceptual basis for uncertainty management in model based decision support” doi
  40. (1990). Design - Function Costing: potential aid to designers, doi
  41. (2006). Developing a Framework for Affordability Engineering.
  42. (2009). Developing a knowledge management system has improved value engineering practices in the construction industry. doi
  43. (2006). Development for framework for Affordability Engineering Measurement, Thesis (MSc)
  44. (2008). Enhancing the Efficiency and Accuracy in the Quotation Process of Turned Components, doi
  45. (1982). Estimating Operational Costs in an Electric Utility. doi
  46. (2004). EUROLIFEFORM: An integrated probabilistic whole life cycle cost and performance model for buildings and civil infrastructure [online]. The international construction research conference of the Royal Institution of Chartered Surveyors,
  47. (1990). Function Costing: potential aid to designers. doi
  48. (2009). Implementation of value driven optimisation for the design of aircraft fuselage panels. doi
  49. (1989). Lead Time in Automobile Product Development Explaining the Japanese Advantage. doi
  50. (1999). Life Cycle Cost (LCC) analysis in oil and chemical process industries [online].
  51. (1995). Life cycle costing for design professionals.
  52. (1997). Life cycle costing-theory information acquisition and application. doi
  53. (2003). Life-cycle costing: Using Activity-Based Costing and Monte Carlo Methods to Manage Future Costs and Risks,
  54. (2001). Manufacturing Cost Modelling for Concurrent Product Development. doi
  55. (2001). Mathematical Representation of Uncertainty. Non-Deterministic Approaches Forum, doi
  56. (2006). Modelling the cost of railway asset renewal projects using pairwise comparisons. doi
  57. (2008). MPs criticise rising 2012 costs [online]. Available from:
  58. (2008). Object-Oriented Systems Engineering Approach for Modeling Life Cycle Cost of Aircraft Wing”, doi
  59. (1998). of Aeronautics and Astronautics doi
  60. (2003). Operational Availability Handbook, A Practical Guide for Military Systems, Sub-Systems and Equipment. Department of the
  61. (2005). Overlapping Design and Build Cycles in Product Development. doi
  62. (2007). Performance contracting in after-sales service supply chains. doi
  63. (2007). Power by the Hour': Can Paying Only for Performance Redefine How
  64. (2000). Proactive Management of Uncertainty Using the Successive Principle.
  65. (2006). Product Cost Estimation: Technique Classification and Methodology Review. doi
  66. (2002). Product Design for Manufacture and Assembly. doi
  67. (2006). Required skills and knowledge of cost engineering,
  68. (2007). Review into Affordability Housing Final Report [online]. Department for Social Development in Northern Ireland. Available from: [Accessed 8th
  69. (2004). Review of aerospace engineering cost modelling: The genetic causal approach, doi
  70. (2007). Risk under performance-based contracting in the UK construction sector, doi
  71. (2007). State-of-the-art in product-service systems.
  72. (2008). Target Costing and Value Analysis. Van Dam Orenda,
  73. (2006). The Affordability Index: A New Tool for Measuring the True Affordability of a Housing Choice [online]. The Urban Markets Initiative, Market Innovation Brief. Available at:
  74. (2009). The evolving brand logic: a service-dominant logic perspective, doi
  75. (2003). The Green Book Appraisal and Evaluation in Central Government.
  76. (2004). The predictive models of maintenance costs for a civil airplane.
  77. (2008). The Pricing and Revenue Management of Services: A strategic approach. Routledge, an imprint of Taylor and Francis,
  78. (2008). The service-dominant logic and the future of marketing. doi
  79. (2000). Time-Cost Tradeoffs in Overlapped Product Development. doi
  80. (2004). Towards defining and measuring affordability of utilities – a discussion paper. [online]. PUAF Communications discussion paper. Available from: PUAF_affordability_discussion_paper.pdf [Accessed
  81. (2009). Uncertainty challenges in service cost estimation for product- service systems in the aerospace and defence industries, doi
  82. (2007). Uncertainty in the environmental modeling process-A framework and guidance” doi
  83. (2009). Uncertainty in Through Life Costing - Review and Perspectives, doi
  84. (2009). Value at risk a critical overview. doi
  85. (2004). Whole Life-cycle Costing: Risk and risk responses. doi
  86. (2003). Willingness to Pay for the Rural Telephone Service doi

To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.