Cheung, J. M. W.Scanlan, J. P.Wiseall, S. S.Rajkumar RoyEssam Shehab2009-10-192009-10-1920092009-04-01J.M.W Cheung, J.P Scanlan, S.S Wiseall, An Aerospace Component Cost Modelling Study for Value Driven Design, Proceedings of the 1st CIRP Industrial Product-Service Systems (IPS2) Conference, Cranfield University, 1-2 April 2009, pp238978-0-9557436-5-8http://hdl.handle.net/1826/3841Organised by: Cranfield UniversityDemand is increasing in aero-engine products for better efficiency and environmental performance whilst keeping the cost low. Unlike performance, the physics behind cost is least understood. This paper presents a proposed unit cost modelling methodology applied to a Rolls-Royce aero-engine fan blade. An objective of the cost model is the allow engineers to understand the breakdown of cost. A value driven design concept is outlined and presents an opportunity to conduct design optimisation.enCopyright: Cranfield University 2009Cost EngineeringCost ModellingUnit CostValueConference paper