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Course Code: PMCM 131
118 Course Visits
Project Cost Engineering
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
Dubai, UAE $4,250
02
5 Days
Manama, Bahrain $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
PRE-TEST- Introduction
- Professional
associations & their role
- Cost estimating
- Tendering
Project execution- Contract Strategy
- Cost control
- Reliable Cost
Estimating
- Accurate Cost
Management
- Cost Elements
Pricing and Costing- Materials
- Labor
- Engineering Role and
Project Success
- Machinery, Equipment,
and Tools
- Economic Cost
- Activity-Based 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
- POST-TEST and
EVALUATION
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.
Since 2001, we have been pioneering the training field in the middle east, we managed to unlock potential and help individuals, teams and organisations to be the best that they can be with our full and integrated solutions.
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