Optimization of Project Cost Estimation Processes in Precision Manufacturing

Citation: Iryna Honcharuk, "Optimization of Project Cost Estimation Processes in Precision Manufacturing", Universal Library of Innovative Research and Studies, Volume 02, Issue 03.

Copyright: This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

The article is dedicated to the optimization of project cost estimation processes in precision manufacturing as an operational problem emerging at the quotation stage. Relevance follows from the growing mismatch between complex production conditions and simplified estimation practices, where geometric variability and process dependencies reduce pricing reliability. The novelty is associated with the interpretation of cost estimation as a layered analytical system embedded in RFQ workflows rather than a terminal calculation procedure. The work describes how technical information is transformed into operational parameters and subsequently into cost structures through interacting process layers. Special attention is paid to manufacturability interpretation, temporal redistribution of operations, and sensitivity of cost drivers under variable production conditions. The work sets itself a task to explain the internal mechanisms that determine estimation accuracy and pricing stability. Analytical comparison and conceptual interpretation of recent studies are used to identify structural relationships between estimation models and production processes. The conclusion describes a shift toward adaptive and process-integrated estimation systems. The article will be useful for engineers and manufacturing decision-makers.

Keywords: Precision Manufacturing, Cost Estimation, Manufacturability, Process Modeling, Production Systems.

https://doi.org/10.70315/uloap.ulirs.2025.0203016