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Virtual cost engineering studio

Objective

Within the support action lifetime of 24 months and expending 134.5 person months, the V-CES consortium will implement, validate and improve a virtual cost engineering studio service catering to the needs and wants of those professionals, whose responsibility is the expert planning and cost-management of efforts by their companies to develop new products.

V-CES offers them a multi-facetted service comprising such features:
- powerful internet browser accessed tool to assist the development of timely, accurate cost estimates (V-CES mentor) for more holistic, creative, resource efficient, and collaborative approaches to product development
- training of novice cost engineers in all cost engineering techniques, e.g. parametric, bottom up, expert judgment based, and analogy based cost engineering-I earning from best practice cases for all cost engineering approaches/techniques
- one stop shop for public available information relevant to cost estimation leading to more creative, more timely fulfilment of cost engineering tasks
- participation in a European virtual community to interact with colleagues and experts to learn from experiences of others and to establish informal and formal relationships
- user centred, multi lingual, virtual working and learning environment
- customisation to requirements of automotive, aerospace and semiconductor equipment industry.

Through V-CES services the users will need 25% less time to do accurate estimations. As a result, their companies benefit through the timely knowledge of their true bottom line costs and so gain a competitive edge. On a macro level, it will also make the best practice accessible to the suppliers and help achieve better OEM - supplier integration. Overall, V-CES will strengthen Europe's competitive position by developing collaborative technologies and best practice methodologies for extended product development approaches.

Funding Scheme

SSA - Specific Support Action

Coordinator

GESELLSCHAFT FUER TECHNOLOGIEFOERDERUNG ITZEHOE MIT BESCHRAENKTER HAFTUNG
Address
Fraunhoferstrasse 3
25524 Itzehoe
Germany

Participants (4)

CENTRO RICERCHE FIAT SOCIETA CONSORTILE PER AZIONI
Italy
Address
Strada Torino 50
10043 Orbassano (To)
CRANFIELD UNIVERSITY
United Kingdom
Address
Wharley End
MK43 0AL Cranfield
DAS-DUENNSCHICHT ANLAGEN SYSTEME GMBH DRESDEN
Germany
Address
Gostritzer Strasse 61-63
01217 Dresden
PRICE SYSTEMS LIMITED
United Kingdom
Address
Price House, Meridian Office Park
RG27 9JY Osborn Way Hook