Cost Optimization

There are always two main variables in all projects: Time and cost. In the years I worked as a freelancer on research and industry projects, I always told my colleagues this example: In all projects, the costs are comparable to a mechanical spring compressed by two fingers of one hand. If there is a lack of proper planning and attitude towards project progress, we cannot afford the extra cost of the project. A strong and experienced engineering team can best optimize the cost of a project from the research and development phase to mass production. There are always precise engineering solutions that not only reduce costs but also increase quality.

I believe that optimizing the cost of a project does not always mean minimizing the cost. There are many factors to consider. Let us say in a very sensitive test system there is a pressure chamber in which a number of sensors are installed. This chamber is filled with a special liquid. This test system is such that every time the chamber is set up, not only a lot of money but also a lot of time has to be spent. Under these conditions, is it reasonable to use the cheapest and lowest quality sensors in this chamber?

By choosing the right and precise engineering solutions, we can optimize the costs of a project to a high degree. This requires the engineering design team and the project construction and production team to be in constant communication with each other so that they can draw up a detailed roadmap for the project with each other's help.

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