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 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

Special Features:
The course also includes a copy of the text book, Construction Budgeting, 3rd Edition

Details and registration: https://www.epictraining.ca/course/13260/halifax/cost-engineering-effective-estimating-and-cost-control-of-engineering-and-construction-projects