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Master thesis 30 hp: The road to an accurate cost estimation at Saab AB

The thesis work will be conducted at Surveillance, a business area of Saab, one of the world’s premier suppliers of solutions for Surveillance, avionics and systems to detect, locate, and protect against threats.

Engineering Radar Solutions, a division within Surveillance, has around 700 employees. The division is responsible for the development of our radar and sensor products for both air and land systems and across several engineering disciplines, ranging between mechanical hardware, electrical hardware, computer platforms, antenna electronics and software.

Your future challenge

In our business, one of our challenges is to estimate cost for our development projects. We seem to have an increased cost throughout our projects, which indicate that we need to improve our cost estimation before and during our development. In order to become more cost effective we need to understand further, where our difficulties lie. Our forecasts have a large variance and we need to increase our predictability in our projects.  

We have initially performed a root cause analysis and narrowed it down to two main questions to be investigated.

The first question is “inaccurate start estimate”. Where we start project with inaccurate pre-requisites. We sometimes know it is an issue when we start a project but we do not correct it. How can we improve our initial cost estimates before contract and ensure we start new projects with right financial conditions.

The second is subcontractor delay. The current market conditions and the pandemic has led to large disturbances in the supply chain, which affects our development. The impact of these disturbances are difficult to estimate for the development projects.

The result of the master thesis should be an analysis on what we need to change in order to become more accurate in our cost estimations both in the commercial bid phase and during our contract execution also how we can work more systematically with our costs control. Our goal is to have an accurate cost estimation throughout the projects and any differences shall be clear and without questions.

Your profile

We are looking for a duo of two master student, we believe you have studied Master of Science within Industrial Engineering and Management or equivalent master.

Please send in one application each but be clear in your application with whom you want to perform the thesis.

The Master Thesis is expected to be performed at our offices in Gothenburg, Kallebäck.

This position requires that you pass a security vetting based on the current regulations around/of security protection. For positions requiring security clearance additional obligations on citizenship may apply.

Saab is a company with a strong people-orientation. We offer a friendly work environment where we support and help each other to be at our best. Continuous learning, career & talent development and employee well-being are examples of areas where we always put the strongest effort to offer great opportunities.

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