Approach for development cost estimation in early design phases

D. Hellenbrand, K. Helten, U. Lindemann

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

7 Scopus citations

Abstract

A lot of methods deal with the prediction of production or life-cycle costs. At the same time in engineering design there are almost no methods available to predict development costs. These are also of relevance because they are closely related to development effort. Based on an analysis of different related classes of available methods and their adaptability to the problem an approach is presented which allows for development cost estimation in early design phases. To deal with the high uncertainty it combines a regression analysis with statistic simulation to an overall model.

Original languageEnglish
Title of host publication11th International Design Conference, DESIGN 2010
Pages779-788
Number of pages10
StatePublished - 2010
Event11th International Design Conference, DESIGN 2010 - Dubrovnik, Croatia
Duration: 17 May 201020 May 2010

Publication series

Name11th International Design Conference, DESIGN 2010

Conference

Conference11th International Design Conference, DESIGN 2010
Country/TerritoryCroatia
CityDubrovnik
Period17/05/1020/05/10

Keywords

  • Cost estimation
  • Development costs
  • Early design phases
  • Uncertainty

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