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Total cost management (TCM) is the effective application of professional and technical expertise to plan and control resources, costs, profitability and risk. Simply stated, TCM is a systematic approach to managing costs throughout the life cycle of any enterprise, program, facility, project, product or service. The TCM Framework is a representation of that 'systematic approach."The TCM Framework is a structured, annotated process map that for the first time explains each practice area of the cost engineering field in the content of its relationship to the other practice areas including allied professions. As the book subtitled says, it is a process for applying the skills and knowledge of cost engineering. A key feature of the TCM Framework is that it highlights and differentiates the main cost management application areas: project control and strategic asset management.The TCM Framework is a significant, original contribution to the cost management profession applicable to all industries. It is an AACE International cornerstone technical document that joins the current body of knowledge literature for related fields such as project management, operations management, and management accounting. It is also consistent with the latest organizational and portfolio thinking which ties all practices and processes back to overall business strategies and objectives. As a "framework," this document is not a "how-to" instructional guide, but a conceptual representation that provides a structured, integrated overview of cost engineering.
Safety and Reliability – Theory and Applications contains the contributions presented at the 27th European Safety and Reliability Conference (ESREL 2017, Portorož, Slovenia, June 18-22, 2017). The book covers a wide range of topics, including: • Accident and Incident modelling • Economic Analysis in Risk Management • Foundational Issues in Risk Assessment and Management • Human Factors and Human Reliability • Maintenance Modeling and Applications • Mathematical Methods in Reliability and Safety • Prognostics and System Health Management • Resilience Engineering • Risk Assessment • Risk Management • Simulation for Safety and Reliability Analysis • Structural Reliability • System Reliability, and • Uncertainty Analysis. Selected special sessions include contributions on: the Marie Skłodowska-Curie innovative training network in structural safety; risk approaches in insurance and fi nance sectors; dynamic reliability and probabilistic safety assessment; Bayesian and statistical methods, reliability data and testing; oganizational factors and safety culture; software reliability and safety; probabilistic methods applied to power systems; socio-technical-economic systems; advanced safety assessment methodologies: extended Probabilistic Safety Assessment; reliability; availability; maintainability and safety in railways: theory & practice; big data risk analysis and management, and model-based reliability and safety engineering. Safety and Reliability – Theory and Applications will be of interest to professionals and academics working in a wide range of industrial and governmental sectors including: Aeronautics and Aerospace, Automotive Engineering, Civil Engineering, Electrical and Electronic Engineering, Energy Production and Distribution, Environmental Engineering, Information Technology and Telecommunications, Critical Infrastructures, Insurance and Finance, Manufacturing, Marine Industry, Mechanical Engineering, Natural Hazards, Nuclear Engineering, Offshore Oil and Gas, Security and Protection, Transportation, and Policy Making.
The new fifth edition of Information Technology Control and Audit has been significantly revised to include a comprehensive overview of the IT environment, including revolutionizing technologies, legislation, audit process, governance, strategy, and outsourcing, among others. This new edition also outlines common IT audit risks, procedures, and involvement associated with major IT audit areas. It further provides cases featuring practical IT audit scenarios, as well as sample documentation to design and perform actual IT audit work. Filled with up-to-date audit concepts, tools, techniques, and references for further reading, this revised edition promotes the mastery of concepts, as well as the effective implementation and assessment of IT controls by organizations and auditors. For instructors and lecturers there are an instructor’s manual, sample syllabi and course schedules, PowerPoint lecture slides, and test questions. For students there are flashcards to test their knowledge of key terms and recommended further readings. Go to http://routledgetextbooks.com/textbooks/9781498752282/ for more information.
AACE International is proud to offer Skills and Knowledge of Cost Engineering, 6th Edition. This Education Board publication provides comprehensive and in-depth information on a wide range of cost engineering subjects and will prove to be a valuable resource to any individual seeking professional growth or pursuing an AACE International certification. The authors of the individual chapters are well-known and well-respected members of the cost engineering community, who brought their knowledge and wealth of experience to the creation of this publication. This publication offers six sections comprising 34 chapters of content on topics such as cost estimating, project planning, value engineering, and strategic asset management, to name a few.
This book offers a new way of thinking about the causes and consequences of cost overrun to firms and society. It is ideal for academic researchers in project management, management accounting and corporate finance, as well as for managers in the private and public sectors.
Even the most experienced project managers aren’t immune to the more common and destructive reasons for project collapses. Poor time and budget performance, failure to deal with complexity, uncontrolled changes in scope . . . they can catch anyone off guard. Performance-Based Project Management can help radically improve your project’s success rate, despite these and other obstacles that will try to take it down. Readers will discover how they can increase the probability of project success, detailing a step-by-step plan for avoiding surprises, forecasting performance, identifying risk, and taking corrective action to keep a project a success. Project leaders wishing to stand out among their peers who are continually hampered by these unexpected failures will learn how to:• Assess the business capabilities needed for a project• Plan and schedule the work• Determine the resources required to complete on time and on budget• Identify and manage risks to success• Measure performance in units meaningful to decision makersBy connecting mission strategy with project execution, this invaluable resource for project managers in every industry will help bring projects to successful, career-enhancing completion.
Cost and Value Management in Projects provides practicing managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them, and the managerial approaches that would be most effective for achieving cost efficiency and value optimization. This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.
This book presents the proceedings of the 32nd World Congress of the International Project Management Association (IPMA). Digitalization is changing many fields of development and accelerating the global economic world. This challenge concerns project management as the driver of change. More than 1000 participants of the 32nd IPMA World Congress are an international community of the best experts and practitioners of project management. The Program Committee of the Congress includes more than 30 experts from Europe, Asia, America, and Australia, heads of large companies, and leading scientists and practitioners representing various areas of management, economics, and digital technology. The project management community discussed the challenges and prospects of the digital age, to find solutions to the problems that it poses to project management. The discussion took place in different formats – presentations, master classes, panel discussions, business games, and seminars that will be conducted by the world’s leading experts in the project management field.