Knowledge in the commercial and engineering activities within cost estimating

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Authors: K.E. Mishra, Rajkumar Roy, Petros Souchoroukov, Victor V. Taratukhin
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Abstract

The knowledge within the costing profession is multidisciplinary. Within this paper expert costing knowledge has been elicited, and subsequently categorised. The predominant categories which have emerged are commercial and engineering aspects of cost estimating. It has been observed that certain costing knowledge is imperative in order to obtain true costing expertise. This knowledge has been identified and listed to two levels of importance; and is derived from both disciplines of costing knowledge. Five most important categories of knowledge are discussed in detail. The paper also outlines the future research direction.

Fields of Study & Subjects

Construction Project Management and Performance Accounting and Organizational Management Manufacturing Process and Optimization

Publication details

Journal / source
CRC Press eBooks
Pages
545–553
Publication date
11 February 2026
Language
EN
Document type
Book chapter