CIE336 Cost Estimation and Control Syllabus:
CIE336 Cost Estimation and Control Syllabus – Anna University Regulation 2021
COURSE OBJECTIVES:
• Gaining knowledge in the field of cost estimation.
• Enable the students to estimate the cost of various manufacturing processes.
• Controlling the manufacturing and software cost.
• Designing the cost analysis.
• Applying cost estimation procedures in all types of industries.
UNITI ESTIMATION AND COSTING
Course Objectives, Functions, Procedure in Estimation – Importance in Costing – Cost Accounting – Classification of costs–Elements of cost–Estimation in Material cost, Labour cost and overheads Allocation of overheads.
UNIT II PRODUCT COST ESTIMATION
Estimation in Forging shop–in welding shop –in Foundry Shop –in Machining Shop etc.,
UNIT III SOFTWARE COST ESTIMATION
Software Development Life cycle – Software Cost Estimation Models – COCOMO –AdaCOCOMO – SLIM –
PRICES – CHECKPOINT– FUNCTION POINTS.
UNIT IV COSTING METHODS
Job costing –Operating costing – Process costing.
UNIT V COST ANALYSIS FOR PLANNING AND CONTROL
Marginal costing –Standard costing and Variance Analysis–Budgetary control
TOTAL:45 PERIODS
COURSE OUTCOMES:
CO1: To estimate the manufacturing cost and computation of software cost.
CO2: Able to estimate product cost.
CO3: To control the manufacturing and software cost.
CO4: To enable both the costing and estimating procedures for all type of industry.
CO5: Able to perform cost analysis.
TEXTBOOK:
1.Jawaharlal, Cost Accounting, Tata McGraw Hill, 2013.
REFERENCES:
1. Banga TR and Sharma SC, Estimating and Costing, Khanna Publishers,2001.
2. Narang GBS and Kumar V, Production and Costing, KhannaPublishers,2014.
3. Roger, Pressman S, Software Engineering – A Practitioner’s Approach, Tata McGraw Hill, 2014.