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Course Code: PMCM 122
598 Course Visits
Cost Engineering – Effective Estimating and Cost Control for Technical Projects
Course Sector:
Project & Contract Management
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Vienna, Austria $4,950
02
5 Days
Dubai, UAE $4,250
Introduction
Training course introducion / brief
Project leaders and technical staff charged with delivering tangible results require objective cost assessments for funding and control decisions. The business purpose of the cost engineering function is to provide these assessments early and reliably so that a better decision may be made.
This intensive course examines the key concepts of cost engineering, including estimating, risk analysis, cost control, scheduling and change management to achieve the best value for investments and expenditures. It also provides methodologies, procedures and tools, along with hands-on application of use.
Course Objectives
At the end of the training course, participants will be able to
- Apply the basics of project execution and control
- Understand estimates and prepare control budgets
- Prepare meaningful cost reports
- Use project schedules
- Prepare cash flow forecasts and calculate life-cycle costs
Course Audience
Who is this course for, and can benefit the most
- Project Manager
- Business Administrator
- Marketing Coordinator
- Account Executive
- Chief Operating Officer
- Operations Manager
- Executive Administrative
- Risk Manager
- Program Manager
- Business Analyst
- Quality Control Coordinator
- Assistant Manager
- Team Leader
- Senior Supervisors
- Researcher
- Entrepreneur
- Management Consultant
- Public Relations Director
Course Outline
The course aims and learning outcomes
Introduction
- Professional associations & their role
- Cost estimating
- Tendering
Project execution
- Contract Strategy
- Cost control
- Reliable Cost Estimating
- Accurate Cost Management
Project schedules
- In-depth Project Analytics
- Scheduling basics
Relationship with Cost
- Stay within time and budget
- Cash flow forecasting
Life-cycle costing
- Value engineering
- Course Conclusion
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
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