For years, manufacturers attempted to cut the cost of making a product by taking aim at individual parts or raw materials and the companies that supplied them. Cut the price of the things that go into ...

Here is a practical framework to build an ROI narrative that holds up in executive reviews and resonates with nontechnical stakeholders.

Automakers are facing big challenges. Between worker strikes, elevated manufacturing costs and supply chain constraints, along with the momentum toward near-shoring operations, the roadblocks to ...

As US college tuition soars, students, parents, and policy makers are pressuring universities to demonstrate the value of a college degree. One way to show the benefit of a diploma is to report ...

Engineering and development teams are tasked with building and sustaining well-functioning technical systems. It’s invaluable work—but that doesn’t mean money is no object. With a focus on nuts and ...

Whether building a new deck on the back of one’s house or the entire infrastructure for a missile defense program, the most basic and complex question in construction is always, “How much is it going ...

Engineering and construction costs continued to show gains in July, according to the Engineering and Construction Cost Indicator from PEG and S&P Global Market Intelligence. The materials and ...

Jeffery Borowicz has established himself as a leader in cost engineering. With over 30 years of experience in the construction industry, he has sharpened his expertise in cost estimating, critical ...

Researchers in Canada have developed an open-access online tool that reportedly helps homeowners achieve considerable savings in deploying rooftop PV systems. The tool is claimed to offer accurate ...

In a nation where billions of dollars flow into infrastructure each year, from airports to highways to municipal transit systems, there's one often-overlooked role that quietly determines whether ...

The features of the product: What does the product do and how does it look? (For sake of simplicity, let’s include “quality” as a product feature.) The schedule on which the product is produced: How ...