- management training sector
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Cost Engineering in Project Management
Improving Cost Engineering techniques within Project Management practices to control cost, maintain quality and enrich efficiency
Event Date: 26-27 Oct 2008
Location: 'A Five Star Venue To Be Announced Shortly', Doha, Qatar
- key conference topics
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- Incorporating cost engineering at the project preparation and analysis processes
- Analysing the cost implications during the Work Breakdown Structure, Responsibility Matrix and Master Summary Schedule
- Optimising the balance between cost and time implications of design decisions
- Avoiding costly and time-consuming errors due to poorly prepared estimates
- Customising and adopting the cost estimating tools to project your needs
- key conference features
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- Accumulating time and cost savings by implementing a cost engineering program
- Organising the procurement plan and managing the execution within the budget allocated
- Mastering cost and schedule performance measurement and change control
- Managing the changes in cost, time, quality and scope of the project
- conference focus
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Cost Engineering is the area of engineering practice where engineering judgment and experience are used in the application of scientific principles and techniques to problems of cost estimating, cost control, business planning and management science, profitability analysis, project management, and planning and scheduling. Key objectives of cost engineering are to arrive at accurate cost estimates and to avoid cost overrun.
No one who has responsibility for managing major, complex, high-tech programmes with a high development content will dispute the importance of the cost and financial aspects of the work, or the particular difficulty of assessing and controlling costs.
Cost will be a constant source of concern, but will be particularly to the fore when considering different technical options, in conducting cost/technical trade-offs, in establishing budgets, in the submission and evaluation of price proposals, in preparing for contract negotiations, and in assessing the cost impact of introducing changes to existing designs. The question is how to tackle these aspects to be best able to predict or assess cost, how to minimise the risk and impact of overspends against budgets, and how to ensure that there is an appropriate balance between technical aspects and the related costs.
This unique training course, led by an internationally renowned expert, from an organization that is a global registered Project Management Institute (PMI) education provider; will explore carbon emissions management at the strategy, business and technology levels using a variety of theoretical and practical exercises. In addition, case studies from renowned organizations will also be illustrated. This training will equip participants with the necessary knowledge and tools to utilize new and existing resources to implement robust Cost Engineering solutions towards successful Project Management efficiency.
This training will be conducted by a trainer from a PMI ( Project Management Institute ) global registered education provider and previous clients by this trainer include
Abu Dhabi National Oil Company (ADNOC)
Project Management Institute (PMI)
Qatar Fertilizer Company (QAFCO)
The United Nations (UN)
Saudi Arabian Airlines
The Walt Disney Company
Global Financial Services Firm on Wall Street (USA)
Toyota
Siemens
Boeing
Malaysian Airlines
General Electric (GE)
Chevron
Kellogg Company
SUN Microsystems
The Government of Canada – National Defence
For exclusive discounts and an event brochure, please refer to event contact below