This paper deals with methods for estimating building costs of ships. It starts by answering the basic questions of who needs cost estimates and why. It goes on to explain the appropriate approaches to cost estimating employed by economists, business managers, naval architects and shipyard cost estimators. It also outlines the many non-design factors (such as business and political environments) that may affect costs or prices. Certain general conclusions are reached including recognition of the need for improved cost estimating procedures, uniform accounting systems and (above all) a willingness to share cost data.
Ships' capital costs: The approaches of economists, naval architects and business managers
Maritime Policy & Management ; 12 , 1 ; 9-26
1985-01-01
18 pages
Article (Journal)
Electronic Resource
Unknown
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