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Value driven design: an initial study applied to novel aerospace components in Rolls-Royce plc

Value driven design: an initial study applied to novel aerospace components in Rolls-Royce plc
Value driven design: an initial study applied to novel aerospace components in Rolls-Royce plc
Aero-engine customers today are demanding high quality, low cost products to meet their strict requirements. This consequently identifies cost as an important design parameter throughout the development cycle of the product. This paper describes possible unit cost modelling approaches and introduces the idea of 'value driven design' and presents opportunities to conduct multi-disciplinary optimisation for aero-engine designs. This research project aims to develop the concept of designing future generation gas turbines to not only meet performance targets but also to meet cost targets. The research encompasses feasibility studies to explore unit cost modelling strategies in the Cost Engineering group at Rolls-Royce plc, which include cost modelling methodologies for approaching novel components, when historical data does not exist, and whole engine system design.
cost engineering, cost estimation, cost modelling, unit cost, value
9781848009714
Part 6
241-248
Springer
Cheung, Julie
2bb04743-f23a-49e8-b31e-e908d4350e52
Scanlan, James
7ad738f2-d732-423f-a322-31fa4695529d
Wiseall, Steve
aca297bd-610d-44d4-a77a-f00bb4753ce4
Curran, Richard
Chou, Shuo-Yan
Trappey, Amy
Cheung, Julie
2bb04743-f23a-49e8-b31e-e908d4350e52
Scanlan, James
7ad738f2-d732-423f-a322-31fa4695529d
Wiseall, Steve
aca297bd-610d-44d4-a77a-f00bb4753ce4
Curran, Richard
Chou, Shuo-Yan
Trappey, Amy

Cheung, Julie, Scanlan, James and Wiseall, Steve (2008) Value driven design: an initial study applied to novel aerospace components in Rolls-Royce plc. Curran, Richard, Chou, Shuo-Yan and Trappey, Amy (eds.) In Collaborative Product and Service Life Cycle Management for a Sustainable World: Proceedings of the 15th ISPE International Conference on Concurrent Engineering (CE2008). Springer. pp. 241-248 . (doi:10.1007/978-1-84800-972-1_23).

Record type: Conference or Workshop Item (Paper)

Abstract

Aero-engine customers today are demanding high quality, low cost products to meet their strict requirements. This consequently identifies cost as an important design parameter throughout the development cycle of the product. This paper describes possible unit cost modelling approaches and introduces the idea of 'value driven design' and presents opportunities to conduct multi-disciplinary optimisation for aero-engine designs. This research project aims to develop the concept of designing future generation gas turbines to not only meet performance targets but also to meet cost targets. The research encompasses feasibility studies to explore unit cost modelling strategies in the Cost Engineering group at Rolls-Royce plc, which include cost modelling methodologies for approaching novel components, when historical data does not exist, and whole engine system design.

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More information

Submitted date: May 2008
Published date: 31 August 2008
Additional Information: ISSN 1865-5440
Venue - Dates: 15th ISPE International Conference on Concurrent Engineering 2008 (CE2008), Belfast, Northern Ireland, 2008-08-18 - 2008-08-22
Keywords: cost engineering, cost estimation, cost modelling, unit cost, value

Identifiers

Local EPrints ID: 71605
URI: http://eprints.soton.ac.uk/id/eprint/71605
ISBN: 9781848009714
PURE UUID: 6e0820b1-96c5-461d-8216-d9a78a3811d9

Catalogue record

Date deposited: 17 Dec 2009
Last modified: 13 Mar 2024 20:33

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Contributors

Author: Julie Cheung
Author: James Scanlan
Author: Steve Wiseall
Editor: Richard Curran
Editor: Shuo-Yan Chou
Editor: Amy Trappey

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