Cost Management

Cost Management

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Course Features

  • Course Duration: 20 Days
  • Category:
  • Students: 0
  • Certificate: No
  • Location:
  • Language: English
  • Lesson: 0
  • Viewers: 119
  • Prerequisites: No
  • Skill Level:
  • Course Capacity: 50
  • Start Course: 03/24/2017

Descriptions

This course equips the project managers with the ability to prepare and control budgets, and confidently manage costs within your project’s commercial framework.

During the training course, three broad themes shall be discussed that underpin project cost:

  • The project budget – What is the project budget and how does it compare to the final cost
  • Cost estimating – How do we develop an estimate of the cost – and does this differ between client, designer and contractor
  • Risk and value – How are risk and value incorporated into the budget

Set against a background of estimating in the construction industry you will explore the elements of project cost and how budgets are established. Working from first principles, cost build up and bills of quantities will be developed and tested using case studies. Contractor tender pricing processes and the effects of risk, value and decision making on project costs will be explored. This course is 100% compliant with the Project Management Institute’s (PMI) current Project Management Body of Knowledge (PMBOK® Guide).

Our Main Teachers

  • A fantastict, first rate teacher who has the ability to raise the performance levels of all pupils and learners……

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