COST ENGINEERING, ESTIMATING & CONTROL

2 DAYS TRAINING

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Introduction:

Effective cost engineering and control are critical for the successful completion of capital projects. This 2-day “Cost Engineering, Estimating & Control Training” is designed to equip professionals with the necessary skills to manage the financial aspects of projects, ensuring they are completed on time, within budget, and with the expected level of quality. This comprehensive training will cover key principles of cost engineering, advanced estimation techniques, risk management strategies, and practical tools to control and optimize project costs.

Learning Objectives:

Understand the fundamental principles of cost engineering and its importance in project
management.

Gain proficiency in advanced cost estimation tools and software.

Learn various cost estimation techniques and methodologies.

Develop skills to effectively control and manage project costs.

Identify and assess cost-related risks and implement mitigation strategies.

HRDC Certificate Of Attendance:

Yes

Target Audience:

Engineers or executives with 3+ years of experience

Human resources and IT managers

Project leaders and managers

Cost estimators and budget planners

Project and cost engineers

Contract managers and administrators

Finance and commercial managers

Methodology:

Interactive Lectures: To explain theoretical concepts of Lean Manufacturing Systems.

Q&A Sessions: To address specific questions and concerns of participants

Case Studies: To provide real-world examples and applications.

Group Discussions: To facilitate sharing of ideas and experiences.

Practical Exercises: To apply lean tools and techniques in simulated environments.

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