Main MenuMain Menu
Course Code: CEC 124
190 Course Visits
Construction Cost Estimation and Control
Course Sector:
Civil Engineering
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Abu Dhabi, UAE $4,250
02
5 Days
Jeddah, KSA $4,250
Introduction
Training course introducion / brief
This comprehensive training course on Construction Cost Estimation and Control provides participants with the essential skills and knowledge required to effectively estimate and manage costs throughout the lifecycle of a construction project. It covers the systematic approach to forecasting costs, from the initial design phase to project completion. By understanding different types of cost estimates, tools, and methodologies, learners will be equipped to develop accurate project budgets, monitor expenditures, and implement effective cost control strategies. The course also emphasizes the significance of cash flow management and financial oversight, allowing participants to minimize risks and maximize profitability.
Course Objectives
At the end of the training course, participants will be able to
- Understand the principles of construction management and cost estimation.
- Differentiate between various types of cost estimates and their application.
- Master tools and methods used for effective cost estimation.
- Learn techniques for controlling costs and monitoring cash flow.
- Conduct break-even analyses for construction projects.
- Enhance their understanding of project material management and its impact on costs.
- Gain insights into factors influencing construction costs and how to mitigate them.
Course Audience
Who is this course for, and can benefit the most
- Construction Managers
- Construction Cost Estimators
- Project Managers
- Engineers (Civil, Structural, Electrical)
- Property Developers
- Quantity Surveyors
- Construction Workers aspiring to move into management roles
Course Outline
The course aims and learning outcomes
Introduction to Construction Cost Estimation
Session 1: Overview of Construction Management- Roles and responsibilities in construction projects
- Importance of cost estimation in project success
- Definition and significance of cost estimation
- Phases of construction projects and their cost implications
- Overview of software and tools commonly used in cost estimation
Types of Cost Estimates
Session 1: Understanding Different Types of Cost Estimates- Conceptual estimates, preliminary estimates, and detailed estimates
- Comparison of different estimation techniques (top-down vs. bottom-up)
- Estimation templates and their use in construction
- Utilizing historical data for accurate forecasting
- Participants will create preliminary estimates based on given project scenarios
Cost Control Techniques
Session 1: Importance of Cost Control in Construction
- Definition and objectives of cost control
- Key performance indicators (KPIs) for monitoring costs
- Understanding cash flow statements and their relevance to construction projects
- Techniques for forecasting cash flow needs
- Participants will conduct a break-even analysis of specific construction tasks
Advanced Cost Estimation Strategies
Session 1: Factors Influencing Cost Estimation
- Identifying and analyzing variables that affect project costs (labor, materials, overhead)
- Risk assessment and its impact on cost estimation
- Introduction to advanced software solutions for cost management
- Integrating Building Information Modeling (BIM) in cost estimation
- Analyze a real-world project to identify cost estimation challenges and solutions
Project Material Management and Course Wrap-Up
Session 1: Effective Material Management
- Understanding the role of material management in controlling costs
- Techniques for procurement and inventory management
- Recap of key concepts covered throughout the course
- Discussion on emerging trends in construction cost management
- Participants present their cost estimation strategies for a hypothetical project
- Open floor for questions and feedback
- Discussion on continuous learning and career development opportunities
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.
Quick Links
Our sister companies in Egypt and United Arab Emirates
MOST TRENDING
And Recommended Training Courses
trending
Professional in Business Analysis (PMI-PBA Exam Preparation)
Date: May 18, 2025
Location:Jeddah, KSA
trending
Competitive Bidding: Understanding Procurement Bids
Date: Sep 14, 2025
Location:Riyadh, KSA
trending
Artificial Intelligence for Leaders
Date: Feb 17, 2025
Location:Abu Dhabi, UAE
We believe in progress for everyone.
We helped more than 10.000 clients over 20 countries on 4 continents in boosting their knowledge, skills and careers.
Boost Training And Consulting © All Copyrights Reserved 2025