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Cost Engineering - Effective Estimating and Cost Control of Engineering and Construction Projects

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After participating in this course, you 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

Description
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 seminar 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 Outline:

  • Professional associations & their role
  • Cost estimating
  • Project execution
  • Cost control
  • Project schedules
  • Scheduling basics
  • Relationship with Cost
  • Cash flow forecasting
  • Life-cycle costing
  • Value engineering

Who Should Attend
Those involved with cost estimating and controls:
Engineers • Technical staff • Project Managers • Construction Managers • Estimators

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Course Rating
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SCHEDULED OFFERINGS

This course is currently scheduled at the following locations. Click the city name to learn even more details about this course.

Ottawa, ON
on 1/28/2019

Calgary, AB
on 2/25/2019

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ON-SITE TRAINING
This course can be customized and delivered to a group at your facility saving time and money.
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COURSE CREDIT

Almost all of EPIC's seminars and webinars offer :

  • Continuing Education Units (CEUs) and
  • Professional Development Hours (PDHs)

These course credits will help attendees earn training requirements for their associations or provincial governing bodies.

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