Design and Manufacturing Uncertainties in Cost Estimating within the Bid Process: Results from an Industry Survey

Date published

2009-03-31

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Publisher

Cranfield University Press

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Type

Conference paper

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Citation

S. Parekh, R. Roy and P. Baguley, Design and Manufacturing Uncertainties in Cost Estimating within the Bid Process: Results from an Industry Survey, Proceedings of the 19th CIRP Design Conference – Competitive Design, Cranfield University, 30-31 March 2009, pp178

Abstract

This paper discusses the issues of the bidding process with emphasis on the design and manufacturing uncertainties that can occur. The context of the paper is within manufacturing companies and in particular within the Defence sector. The paper presents the bidding process of a large Manufacturing company and details the main challenges and uncertainties that may occur. It also discusses the methods that are currently used to tackle uncertainty. The results of an industry survey compare the practices of other manufacturing companies and highlight the challenges at the bidding stage. The paper concludes that the development of an appropriate framework is necessary in order to effectively manage uncertainty at the bid stage.

Description

Organised by: Cranfield University

Software Description

Software Language

Github

Keywords

Bidding Stage, Cost Estimation, Uncertainty

DOI

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Copyright: Cranfield University 2009

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Funder/s

Mori Seiki – The Machine Tool Company