The Course
The decision to proceed with a project is often based almost exclusively on early conceptual costestimates, and these estimates provide the basis for the cash flow projections and budget forecasts used during the project feasibility study. Unreliable cost estimates can result in significant cost overruns later in the project life when it is too late to contain them. As potential projects are considered, management not only requires costs estimates of high accuracy, they seek opportunities to reduce life-cycle costs, improve budget accuracy and optimize whole-life project value.
Determining which estimation method to use, at each stage of project development, depends on theinformation available at the time of preparation and its desired accuracy. Besides, decisions regardingoptimising project costs without sacrificing quality or functionality are highly dependent on the use of a set of systematic and logical procedures and techniques to enhance the whole-life project value.This course will provide the delegates with the necessary skills needed for accurately estimating the total cost of their proposed projects, eliminating unnecessary costs, linking cost estimates to selectedprocurement methods, and enhancing the overall value of project delivery. The course offers a series of estimating techniques and processes to forecast accurately the anticipated costs of projects with a focus on budget estimates, estimates for pre-construction services, estimating contractor and sub-contractor work, estimating general conditions, pricing self-performed work, estimating negotiated contracts, and performing lump-sum and unit-price estimates.
The course also presents the value engineering methodology which emphasizes the return-on-investment aspect of decision-making in terms of lifecycle costs during project planning, procurement and execution. This methodology can be used to identify alternative ideas/solutions at any project phase to produce the client’s best value requirements. Within the project management context this course significantly enhances cost estimating, budgeting, creative thinking, problem solving, and informed decision-making skills.
The Structure
Module 1 - Project Cost Estimating Skills
Module 2 - Value Engineering Skills
The Goals
The primary objectives of the programme are to help delegates to:
The Delegates
This course is designed for all those responsible for making significant decisions concerning costs, plans and budgets for large and complex projects. Project managers, project cost estimators, cost controllers, project planners, contract professionals, and project procurement staff will find this course highly relevant.
The course should also be of interest to anyone involved in project initiation, project estimating and budgeting, and development as well as critical assessment of project cost proposals in client and contracting companies.
The Process
The course is a mixture of speaker input, case studies and practice exercises which will be used to facilitate group discussion. Delegates will gain detailed knowledge of estimating and value engineering concepts and techniques by active participation in the exercise/training sessions. Through lectures, case studies and practical exercises, delegates will focus on the relevant key concepts, terms, and principles necessary for realistically estimating and optimizing project costs.
The Benefits
Organizations will be better prepared in relation to how they:
The Results
Delegates attending this course will be able to:
The Core Competencies
Delegates attending this course will enhance their competencies in the following areas:
Course Title | Duration | Class Room/ Online | Fees |
---|---|---|---|
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-09-09 2024-09-20 |
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Class Room
Tunisia
|
5950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-09-15 2024-09-26 |
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Class Room
Doha-(Qatar)
|
5950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-09-22 2024-10-03 |
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Class Room
Kuwait-(Kuwait)
|
5950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-09-23 2024-10-04 |
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Class Room
London-(UK)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-09-23 2024-10-04 |
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Class Room
Athens-(Greece)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-09-23 2024-10-04 |
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Class Room
Bangkok-(Thailand)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-10-13 2024-10-24 |
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Class Room
Marrakesh-(Morocco)
|
5950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-10-20 2024-10-31 |
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Class Room
Manama-(Bahrain)
|
4950 € |
Course Title | Duration | Class Room/ Online | Fees |
---|---|---|---|
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-10-21 2024-11-01 |
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Class Room
Cyprus-(Larnaka)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-11-04 2024-11-15 |
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Class Room
Berlin-(Germany)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-11-04 2024-11-15 |
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Class Room
Dublin-(Ireland)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-11-04 2024-11-15 |
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Class Room
DUBAI-(UAE)
|
5450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-11-24 2024-12-05 |
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Class Room
Beirut-(Lebanon)
|
4450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-11-25 2024-12-06 |
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Class Room
Barcelona-(Spain)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-12-02 2024-12-13 |
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Class Room
Hamburg-(Germany)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2024-12-23 2025-01-03 |
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Class Room
Madrid-(Spain)
|
8450 € |
Course Title | Duration | Class Room/ Online | Fees |
---|---|---|---|
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-01-06 2025-01-17 |
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Class Room
Paris-(France)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-01-06 2025-01-17 |
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Class Room
Brussels-(Belgium)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-01-06 2025-01-17 |
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Class Room
Bucharest-(Romania)
|
7950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-01-27 2025-02-07 |
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Class Room
Hong-Kong
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-02-10 2025-02-21 |
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Class Room
Istanbul-(Turkey)
|
5450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-02-24 2025-03-07 |
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Class Room
Berlin-(Germany)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-02-24 2025-03-07 |
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Class Room
Tbilisi-(Georgia)
|
7450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-02 2025-03-13 |
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Class Room
Casablanca-(Morocco)
|
5950 € |
Course Title | Duration | Class Room/ Online | Fees |
---|---|---|---|
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-10 2025-03-21 |
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Class Room
Marbella-(Spain)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-17 2025-03-28 |
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Class Room
Munich-(Germany)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-17 2025-03-28 |
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Class Room
Prague-(Czech-Republic)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-17 2025-03-28 |
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Class Room
Rome-(Italy)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-24 2025-04-04 |
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Class Room
Geneva-(Switzerland)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-24 2025-04-04 |
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Class Room
Jakarta-(Indonesia)
|
6950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-24 2025-04-04 |
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Class Room
Malaga-(Spain)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-30 2025-04-10 |
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Class Room
Muscat-(Oman)
|
5950 € |
Course Title | Duration | Class Room/ Online | Fees |
---|---|---|---|
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-31 2025-04-11 |
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Class Room
New-York-(US)
|
9950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-03-31 2025-04-11 |
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Class Room
Amsterdam-(Netherlands)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-04-07 2025-04-18 |
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Class Room
Stockholm-(Sweden)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-04-14 2025-04-25 |
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Class Room
Yerevan-(Armenia)
|
7950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-05-05 2025-05-16 |
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Class Room
Athens-(Greece)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-05-05 2025-05-16 |
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Class Room
Zurich-(Switzerland)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-05-26 2025-06-06 |
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Class Room
Vienna-(Austria)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-06-02 2025-06-13 |
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Class Room
Florence-(Italy)
|
8450 € |
Course Title | Duration | Class Room/ Online | Fees |
---|---|---|---|
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-06-02 2025-06-13 |
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Class Room
Zagreb-(Croatia)
|
7950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-06-09 2025-06-20 |
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Class Room
Copenhagen-(Denmark)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-06-16 2025-06-27 |
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Class Room
Budapest-(Hungary)
|
7950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-06-23 2025-07-04 |
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Class Room
Trabzon-(Turkey)
|
6950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-06-23 2025-07-04 |
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Class Room
Baku-(Azerbaijan)
|
7950 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-06-30 2025-07-11 |
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Class Room
Copenhagen-(Denmark)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills | 2025-07-14 2025-07-25 |
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Class Room
Frankfurt-(Germany)
|
8450 € |
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Project Cost Estimating, Budgeting and Value Engineering Skills
Scandinavian Academy for Training and Development AB
Training services provider in the Kingdom of Sweden
Registration number : 559173 - 7431
VAT No : SE559173743101
LEI : 894500PURESQ3KN5AJ74