by Jerry Collins | Mar 20, 2023 | Uncategorized
Carrot or Stick? If it were only that simple A purpose of the Society of Cost Engineers (SOCE) is to advocate that cost engineers, CFOs and accountants get out of the 1960s and into the 21st century by applying progressive management accounting methods and systems....
by Jerry Collins | Jul 25, 2022 | Uncategorized
How the false consensus effect eats up your profit We succumb to it in our private lives and at work. Whole departments and companies can fall into its clutches. The false consensus effect, discovered by Lee Ross and published with two colleagues in 1977, describes...
by Jerry Collins | Jun 2, 2022 | Uncategorized
Cost Engineering is often described as part science and part art. The science aspect is easily observed. We all understand the importance of collecting, normalizing, and analyzing historical data to support estimating a future program. We can all proficiently navigate...
by Jerry Collins | Dec 21, 2020 | Uncategorized
The cost of a product is one of the key criteria for product development often backed by ambitious targets during the design phase. When sustainability is mentioned, the first thing that comes to mind for most people is usually, how much is that going to cost me… But...
by Jerry Collins | Apr 11, 2020 | Uncategorized
Cost of Quality In my previous blog, “It’s all Rocket Science, at least to someone it is”, I discussed that everything is created equal. By that I meant that if you can build it, a good cost engineer can model it. However, you will continue to run into skeptics that...
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