Cost Engineering - Effective Estimating and Cost Control of Engineering and Construction Projects
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
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 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.
- Professional associations and 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
Overall rating of this course by its previous attendees!
Almost all of EPIC's courses 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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