Reference : Towards a Short Time "Feature-Based Costing" for Ship Design
Scientific journals : Article
Engineering, computing & technology : Computer science
Engineering, computing & technology : Civil engineering
Engineering, computing & technology : Mechanical engineering
Towards a Short Time "Feature-Based Costing" for Ship Design
Caprace, Jean-David mailto [Université de Liège - ULg > Département ArGEnCo > Constructions hydrauliques et navales >]
Rigo, Philippe mailto [Université de Liège - ULg > Département ArGEnCo > Constructions hydrauliques et navales >]
Journal of Marine Science & Technology
Springer Science & Business Media B.V.
Yes (verified by ORBi)
[en] Feature-Based Costing ; Shipbuilding ; Cost assessment ; Cost ; Ship Production ; Cost effective design ; Life cycle cost
[en] Cost is perhaps the most influential factor in the outcome of a product or service within many of todays industries. Cost assessment during the early stage of ship design is crucial. It influences the go, no-go decision concerning a new development. Cost assessment occurs at various stages of ship design development. Economic evaluation as early as possible, in the design phase, is therefore vital to find the best pricefunction compromise for the ship projects. The authors have developed a Feature-Based Costing (FBC) model for cost effectiveness measurements intended to be used by ship designers for the real time control of cost process. The outcome is that corrective actions can be taken by management in a rather short time to actually improve or overcome predicted unfavourable performance.
Researchers ; Professionals

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