Author Description

Covering every aspect of engineering economic analysis, this reference is designed to guide you in making key decisions which are often critical to the success of engineering and construction projects. The author shows you with clear explanations and examples the best methods to handle data, evaluate capital, and assess operating and maintenance expenditures. You'll learn how the time value of money impacts the overall analysis, how to perform life-cycle cost analysis, how to decide whether to lease or purchase equipment, and how to utilize methods which will result in the most reliable estimate of the true costs involved in a project.