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Question: What impacts the cost of a car?

This lecture focuses on the various factors that influence the cost of a car, using a case study on iPad to illustrate the calculus of cost and project scheduling. The lecture discusses resources, earned value management, and the considerations that affect the cost of a car, such as weight, materials used, and design features.

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Question: What impacts the cost of a car?

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Presentation Transcript

  1. LECTURE 05: COST AND SCHEDULING • Question: What impacts the cost of a car? • Objectives:iPad Case StudyThe Calculus of CostProject Scheduling • Resources:JH: :LamborghiniBAH: Earned Value Management Audio: URL:

  2. Cost Is Influenced By Many Competing Considerations • Only about 2,200 lbs. (999 kilograms, Lambo says), even though it has all-wheel drive, a heavy features. • It's made from very light CFRP -- carbon-fiber reinforced plastics. • Carbon is the sixth element in the periodic table, spawning the car's name (sesto is "sixth").

  3. Case Study: iPad

  4. Summary • Every senior design project must address cost and schedule. • Cost is quoted as manufacturing cost, not development costs. • Schedule should break the project down to individual tasks including duration and person responsible.

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