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Scheduling and Cost Estimating Skills


Location Start date End date Price Inquire Register
Dubai Courses 13.01.2019 17.01.2019 3,950 $ Inquire now Register
Beirut Courses 13.01.2019 17.01.2019 3,950 $ Inquire now Register
Dubai Courses 10.02.2019 14.02.2019 3,950 $ Inquire now Register
Dubai Courses 07.04.2019 11.04.2019 3,950 $ Inquire now Register
Paris Courses 07.04.2019 11.04.2019 5,950 $ Inquire now Register
Dubai Courses 09.06.2019 13.06.2019 3,950 $ Inquire now Register
Istanbul Courses 09.06.2019 13.06.2019 5,950 $ Inquire now Register
Cairo Courses 21.07.2019 25.07.2019 3,950 $ Inquire now Register
Dubai Courses 21.07.2019 25.07.2019 3,950 $ Inquire now Register
Dubai Courses 08.09.2019 12.09.2019 3,950 $ Inquire now Register

Overview

The late delivery of projects have become the scourge of project professionals worldwide. Countless numbers of projects undertaken by organizations in the private and public sectors significantly overrun the project schedule and budget, and as a consequence fail to achieve the organization's financial and strategic objectives, often with sizable increases in costs and with substantial financial losses to the organization. Why?
 
This is due mainly to the failure of many project professionals to successfully apply the tools and techniques of modern project planning, scheduling and control to their projects. Likewise, the development of reliable cost estimates during the design and early conceptual stages of a proposed project are of critical importance to the success of the project.
 
The decision to proceed with a project is often based almost exclusively on early conceptual cost estimates, and these estimates provide the basis for the cash flow projections and 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.
 
In addition to the potential financial losses suffered by the organization, many such projects subsequently fail to deliver the required quality of outcomes intended for the project as a direct consequence of poor estimating. Budgeting inaccuracies inevitably result in lower quality workmanship and materials.
 
The estimating techniques and processes covered in this course will provide delegates with the necessary skills 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.
 
This brand new day course will significantly enhance the skills and knowledge of delegates and improve their ability to properly plan and schedule their projects, as well as perform estimates at both the conceptual and detailed levels, and to compare feasible alternatives quickly and efficiently.

Objectives

  • Gain knowledge of techniques used in resource planning and control.
  • Understand the time-cost trade-offs.
  • Identify risk sources and minimize their impact and learn how to sustain project momentum.
  • Learn how to administer project documentation and reporting.
  • Develop effective performance monitoring and control systems.
  • Gain knowledge of techniques used in project estimating, from the conceptual stage to the final detailed estimate
  • Understand the different types of estimates used to accurately and progressively estimate project costs
  • Understand the different types of contracts based on the distribution of risk between contracting parties
  • Effectively apply incentive arrangements to get the best results from the contract