To celebrate 20 years of cost engineering research at Cranfield we are gathering the cost engineering practitioners from across a range of industries to discuss the future challenges facing the cost engineering community. Registration for this one day conference is free. A trade stand exhibition will be occurring in parallel with the conference allowing companies and relevant professional organisations to access the cost engineering community. 

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Manufacturing is facing some pivotal changes as industry 4.0 and the anticipated mass deployment of sensors are integrated into production facilities. The sustainability challenge of the future is another area that has great potential to influence manufacturing. The increasing demand for improved through-life engineering performance will influence design and production of high value goods. How these challenges and opportunities will change the methods used by cost engineers, or even how it will change the profession, are uncertain.

Infrastructure asset management will also be changed as condition based monitoring, enabled by the Internet of Things, makes accurately determining when to perform maintenance easier. The costs or benefits that will be accrued by this change in approach will need estimating by cost engineers.

With the support of the ACostE, Cranfield has gathered leading industrial practitioners from Airbus, Rolls Royce and Network Rail to outline the cost engineering challenges faced by their organisations

The conference will provide an opportunity for industrialists and academics to share the latest best-practice and research in the field of manufacturing cost engineering. It will feature a ‘Future of Cost Engineering Debate’ to capture the industrial challenges in the field. The findings from the debate will be captured within a ‘Future of Cost Engineering Debate’ report. This report will be circulated online and emailed out to attendees.

This event will inform progress in the field of cost engineering for years to come. 

Download a copy of the Event Programme

Keynote Speakers

  Speaker  Job Title Keynote Title  Talks Abstract
 Nigel Babb, Head of Costing – Engineering and Testing Nigel Babb Head of Costing – Engineering and Testing,

The future of Cost Engineering
within Airbus, considering the
impact of Digitalisation
 Andy Kirwan Andy Kirwan  Head of Advanced Analytics, Network Rail 

Developments in Whole Lifecycle Costing for the Railway Infrastructure       


Whole Life Cost (WLC) modelling is used within Network Rail to support major decisions on maintaining, renewing and enhancing the railway infrastructure. The presentation will provide an overview of how the models have been developed and applied, using specific examples to illustrate the business benefits of improved asset management decisions. The presentation will also describe how Network Rail is developing the next generation of WLC models necessary to support a growing and devolved railway charged with reducing costs and improving performance.

 Herve Joumier Herve Joumier Head of ESA Cost Engineering,
European Space Agency 
Cost Engineering: The smart way 
to achieve cost efficiency 

Private ventures in space domain have been rising in the recent years. There is a feel for significant business volumes to be generated aside or in replacement of the usual institutional activities in Space.

Some will perceive it has a unique opportunity to make Space more accessible and therefore multiply new project initiatives of all sizes. Others will interpret this new set up as a threat and will try to resist and build fences to protect usual ways of doing business. History has shown that the later ones will soon or later disappear.

This may be called transiting from pioneer age to Industrial age in Space domain. We call it Space 4.0 in ESA. We are at the crossways of adapting or disappearing.

The presentation addresses the challenges ahead for providing useful cost estimating guidance to the projects is this strongly evolving environment.


 Marc Arstall Marc Arstall Head of Cost Engineering,
Rolls Royce 
Valuing value   

The difference between being just a player in the market and beating the market with value driven products & services.

How Rolls-Royce are using Cost Engineering skills and methods to drive value into every part of its value chain and how these techniques are fuelling the next generation of technology & product development.


Additional information on this years keynote speakers.

Event Programme

Download a copy of the Event Programme

The organising committee


 Leigh kirkwood
Dr Leigh Kirkwood

Dr Paul Baguley

 John Ahmet Erkoyuncu
Dr John Erkoyuncu
 Yuchun Xu
Dr Yuchun Xu
Dr Phani Chinchapatnam (Rolls Royce)

 Mohamed Fawzy
Mr. Mohamed Fawzy (Airbus) 
 Andrew Langridge
Mr. Andy Langridge (ARES Software UK)


If you would like to book accommodation whilst visiting the campus then we are pleased to offer en suite accommodation on the campus, which is within easy walking distance of lecture rooms and other facilities. To make an enquiry or booking, please contact Venue Cranfield


There is free parking available on campus. Please visit the location page to view maps of campus parking.

Location and travel details

Vincent Building, Cranfield University, Cranfield, MK43 0AL, United Kingdom

Who should attend

Professional cost engineers, cost estimators and cost managers.


Free to attend