CIE336: Cost Estimation and Control syllabus for IEM 2021 regulation (Professional Elective-I)

Cost Estimation and Control detailed syllabus for Industrial Engineering & Management (IEM) for 2021 regulation curriculum has been taken from the Anna Universities official website and presented for the IEM students. For course code, course name, number of credits for a course and other scheme related information, do visit full semester subjects post given below.

For Industrial Engineering & Management 5th Sem scheme and its subjects, do visit IEM 5th Sem 2021 regulation scheme. For Professional Elective-I scheme and its subjects refer to IEM Professional Elective-I syllabus scheme. The detailed syllabus of cost estimation and control is as follows.

Course Objectives:

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Unit I

ESTIMATION AND COSTING 9
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 9
Estimation in Forging shop-in welding shop -in Foundry Shop -in Machining Shop etc.,

Unit III

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Unit IV

COSTING METHODS 9
Job costing -Operating costing – Process costing.

Unit V

COST ANALYSIS FOR PLANNING AND CONTROL 9
Marginal costing -Standard costing and Variance Analysis-Budgetary control

Course Outcomes:

1. To estimate the manufacturing cost and computation of software cost.
2. Able to estimate product cost.
3. To control the manufacturing and software cost.
4. To enable both the costing and estimating procedures for all type of industry.
5. Able to perform cost analysis.

Text Books:

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Reference Books:

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,

For detailed syllabus of all the other subjects of Industrial Engineering & Management 5th Sem, visit IEM 5th Sem subject syllabuses for 2021 regulation.

For all Industrial Engineering & Management results, visit Anna University IEM all semester results direct link.