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


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. 8 pp, pp. 241-248. (doi:10.1007/978-1-84800-972-1_23).

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Description/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.

Item Type: Conference or Workshop Item (Paper)
Digital Object Identifier (DOI): doi:10.1007/978-1-84800-972-1_23
Additional Information: ISSN 1865-5440
ISBNs: 9781848009714 (print)
Venue - Dates: 15th ISPE International Conference on Concurrent Engineering 2008 (CE2008), 2008-08-18 - 2008-08-22
Keywords: cost engineering, cost estimation, cost modelling, unit cost, value
Subjects:

ePrint ID: 71605
Date :
Date Event
May 2008Submitted
31 August 2008Published
Date Deposited: 17 Dec 2009
Last Modified: 18 Apr 2017 21:02
Further Information:Google Scholar
URI: http://eprints.soton.ac.uk/id/eprint/71605

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