1. Fundamentals of Cost Estimating -- 2. Activity-Based Costing and Traditional Cost Allocation Structures -- 3. Statistical Techniques in Cost Estimation -- 4. Discounted Cash Flow Analysis -- 5. Learning Curves and Progress Functions -- 6. Detailed Cost Estimating -- 7. Parametric Estimating -- 8. Risk Analysis for Cost/Schedule/Technical Performance -- 9. Design to Cost -- 10. Construction Cost Estimating -- 11. Cost Estimating in Manufacturing -- 12. Cost Implications of Systems/Concurrent Engineering -- 13. Aspects Affecting Cost Estimation in Government Procurement -- 14. Computer-Aided Cost Estimating -- 15. The Software Acquisition Process -- 16. Software Development Effort Estimating -- 17. Software Life Cycle Cost Estimation -- 18. Artificial Intelligence in Cost Estimating -- 19. Cost Estimating as a Profession. In today's hypercompetitive global marketplace, accurate cost estimating is crucial to bottom-line results. Nowhere is this more evident than in the design and development of new products and services. Among managing engineers responsible for developing realistic cost estimates for new product designs, the number-one source of information and guidance has been the Cost Estimator's Reference Manual. Comprehensive, authoritative, and practical, the Manual instructs readers in the full range of cost estimating techniques and procedures currently used in the fields of development, testing, manufacturing, production, construction, software, general services, government contracting, engineering services, scientific projects, and proposal preparation. The authors clearly explain how to go about gathering the data essential to preparing a realistic estimate of costs and guide the reader step by step through each procedure.