Cost Estimation & Cost Control CEC

CEC Course

Description

Cost Engineering (Cost Estimation and Cost Control):

Section.01 Cost: Cost Structure, Cost Accounting, Cost Management, Pricing & Costing, Financial Management, Materials, Labors, Machinery, Equipment, & Tools, Depreciation Techniques, Economic, Time Value of Money.

Section.02 Cost Estimation: Cost Estimation Methodologies, Conceptual Estimating, Deterministic Estimating.

Section.03 Project Management: Planning, Scheduling, Quality Management, Value Engineering, Contracting, Change Management, Claims & Disputes.

Section.04 Earned Value Management: EVM for Client & Contractor without changes in QTY, EVM for contractor With changes in QTY Lump Sum, EVM for contractor With changes in QTY Unit Price, EVM Labor Units.

Section.05 Cost Estimation and Pricing Workshop: Material Price Estimation, Material Inflation, Labors & Sub-contractors, In-direct Costs, General Requirements & Insurances, Risk & Overhead, Pricing BOQ, Cas Flow, Estimation Report & Presentation.

Section.06 Cost Control Workshop: Advance Payment, Client Payment Certificate, Invoice Log, Sub-contractors Invoices, EVM for Direct Cost and Indirect Costs, Change Order, EOT Compensation Cost.

Cost Engineering (Cost Estimation and Cost Control):

Section.01 Cost: Cost Structure, Cost Accounting, Cost Management, Pricing & Costing, Financial Management, Materials, Labors, Machinery, Equipment, & Tools, Depreciation Techniques, Economic, Time Value of Money.

Section.02 Cost Estimation: Cost Estimation Methodologies, Conceptual Estimating, Deterministic Estimating.

Section.03 Project Management: Planning, Scheduling, Quality Management, Value Engineering, Contracting, Change Management, Claims & Disputes.

Section.04 Earned Value Management: EVM for Client & Contractor without changes in QTY, EVM for contractor With changes in QTY Lump Sum, EVM for contractor With changes in QTY Unit Price, EVM Labor Units.

Section.05 Cost Estimation and Pricing Workshop: Material Price Estimation, Material Inflation, Labors & Sub-contractors, In-direct Costs, General Requirements & Insurances, Risk & Overhead, Pricing BOQ, Cas Flow, Estimation Report & Presentation.

Section.06 Cost Control Workshop: Advance Payment, Client Payment Certificate, Invoice Log, Sub-contractors Invoices, EVM for Direct Cost and Indirect Costs, Change Order, EOT Compensation Cost.

Who this course is for:

  • this course is for Engineers

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