Book description
Fundamental Economic Principles, Methods, and Tools for Addressing Human Systems Integration Issues and Tradeoffs
Human Systems Integration (HSI) is a new and fundamental integrating discipline designed to help move business and engineering cultures toward more human-centered systems. Integrating consideration of human abilities, limitations, and preferences into engineering systems yields important cost and performance benefits that otherwise would not have been accomplished. In order for this new discipline to be effective, however, a cultural change—starting with organizational leadership—is often necessary.
The Economics of Human Systems Integration explains the difficulties underlying valuation of investments in people's training and education, safety and health, and work productivity. It provides an overview of how the field of economics addresses these difficulties, focusing on human issues associated with design, development, production, operations, maintenance, and sustainment of complex systems.
The set of thought leaders recruited as contributors to this volume collectively provides a compelling set of data and principles for assessing the economic value of investing in people, not just in general but in specific investment situations. The early chapters provide the contexts for HSI and investment analysis, illustrating the enormous difference context makes in how issues are best framed and analyzed. A host of practical methods and tools for investment valuation are then presented. Provided are:
A variety of real-world applications of economic analysis ranging from military acquisition and automotive investment to healthcare and high-tech investments in general, in both the U.S. and abroad
A range of economics-based methods and tools for cost analysis, cost-benefit analysis, and investment analysis, as well as sources of data for performing such analyses
Differing perspectives on economic decision-making, including a range of private sector points of view, as well as government and regulatory perspectives
In addition, five real-world case studies illustrate how such valuations have been done and their major impacts on investment decisions. HSI professionals, systems engineers, and finance professionals who address investment analysis will appreciate the wide range of methods and real-life applications; senior undergraduates and masters-level graduate students will find this to be an excellent textbook that provides theory and supports practice.
Table of contents
- Cover
- Series Page
- Title Page
- Copyright
- Preface
- Contributors
- Part : Introduction
- Part 2: Economics Overview
-
Part 3: Models, Methods & Tools
-
Chapter 8: Parametric Cost Estimation for Human Systems Integration
- 8.1 Introduction
- 8.2 Overview of Estimation Approaches
- 8.3 Parametric Cost Estimation
- 8.4 The Constructive Systems Engineering Cost Model
- 8.5 Human Systems Integration Case Study: F119-PW-100 Engine
- 8.6 Example Cost Estimate Using Cosysmo
- 8.7 Conclusion and Guidelines for Professional Practice
- 8.8 Acknowledgments
- Chapter 9: A Spreadsheet-Based Tool for Simple Cost–Benefit Analyses of HSI Contributions During Software Application Development
- Chapter 10: Multistage Real Options
- Chapter 11: Organizational Simulation for Economic Assessment
-
Chapter 8: Parametric Cost Estimation for Human Systems Integration
-
Part 4: Case Studies
- Chapter 12: HSI Practices in Program Management: Case Studies of Aegis
- Chapter 13: The Economic Impact of Integrating Ergonomics within an Automotive Production Facility
- Chapter 14: How Behavioral and Biometric Health Risk Factors Can Predict Medical and Productivity Costs for Employers
- Chapter 15: Options for Surveillance and Reconnaissance
- Chapter 16: Governing Opportunism in International Armaments Collaboration: The Role of Trust
- Appendix: How Behavioral and Biometric Health Risk Factors Can Predict Medical and Productivity Costs for Employers
- Bseries
- Index
Product information
- Title: The Economics of Human Systems Integration: Valuation of Investments in Peoples Training and Education, Safety and Health, and Work Productivity
- Author(s):
- Release date: September 2010
- Publisher(s): Wiley
- ISBN: 9780470486764
You might also like
book
Modeling and Visualization of Complex Systems and Enterprises: Explorations of Physical, Human, Economic, and Social Phenomena
Explains multi-level models of enterprise systems and covers modeling methodology This book addresses the essential phenomena …
book
Markets for Managers: A Managerial Economics Primer
Praise for Markets for Managers "It could redefine how politicians and senior executives understand the reality …
book
Handbook of Occupational Safety and Health, 3rd Edition
A quick, easy-to-consult source of practical overviews on wide-ranging issues of concern for those responsible for …
book
The Process of Investigation, 4th Edition
The Process of Investigation, Fourth Edition addresses the needs of today’s private sector investigative professional by …