The major part of the ship’s cost is
defined before the beginning of production. Therefore, the planning and
controlling of the cost should start with the design and engineering process.
The software system "costfact"
supports the cost management in all shipbuilding phases.
of costfact leads to:
- Improved efficiency, acceleration and error avoidance in cost
planning, analysing and optimization throughout the entire life cycle.
- Combining of engineering know-how and costing experience to
know the real costs of new vessels and to generate reliable quotations very
- Consistency of the entire proposal and
calculation process that ensures transparency and comprehensibility for
the calculated ships.
costfact is a multi-user capable, database-supported and
globally usable application with
three-tier architecture and object-oriented design. costfact is able to unite
information from different systems containing cost data (e.g. ERP or CAM systems)
and shows the cost in the ship’s building structure.
This website will give you a brief
overview of costfact. A full description of costfact is part of the book "Cost
Management in Shipbuilding".
Cost Planning both top down and bottom up according to the group system.
Cost Estimations based on existing calculations and technical parameters including regression analyses.
Risk Analysis to calculate the extent to which future costs could deviate from the forecast.
Target Costing by controlling of target cost attainment and calculation of function costs.
Analysis of cost drivers and of the costs caused by change proposals.
Calculation Transfer between different group systems.
Specification creation including boiler plates and automatic consistency checks.
Life Cycle Costing to incorporate and analyse the cost of the whole in-service phase.
... and much more!