course | Contract Cost and Price Analysis
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PMCM-433 | Contract Cost and Price Analysis
Course Sector : Project & Contract Management
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 2025-12-15 | 2025-12-19 | Dubai | $4,250 | Book now |
Course Introduction
Course objective
- Understand the Importance Of Price/Cost Analysis In Continuous Improvement Programmes
- Recognize The Difference Between Price And Cost Analysis
- Define Criteria For Selecting The Analysis Type
- Explore the Methods Of Price Analysis
- Gain Knowledge of Supplier Strategic Alliances
- Gain Analytical Tools for Cost Drivers
- Understand the Methods Of Cost Analysis
- Develop "Should Cost"
- Understand the Types Of TCO Models
Course Outline | Day 01
- Defining Cost Savings Opportunities:
- Reducing The Cost Of Purchased Goods And Services
- Contract’s Savings Impact On The Bottom Line
- Understanding Where To Focus Your Efforts
- Supplier Pricing Models
- Develop Opportunity Hypotheses
- Cost Reduction Reporting Procedure
- Continuous Improvement Skill Sets
Course Outline | Day 02
- Performing Price Analysis:
- Difference Between Cost And Price Analysis
- Selection Tool
- Methods Of Price Analysis
- Historical Analysis
- Using Price Indexes
- Calculating Change
- Developing the Organization’s Contract Price Index
Course Outline | Day 03
- Performing Cost Analysis:
- Methods Of Cost Analysis
- Major Elements Of Cost
- What And How Important Are Supplier Overheads
- Developing “Should Costs”
- Requesting Supplier Cost Info
- Issues In Analyzing Supplier Cost Breakdown
- How much Profit should the Supplier make
Course Outline | Day 04
- Other Important Valuation Criteria:
- Industry Analysis
- Global Industrial Labor Rates
- Working With Currency Exchange Rates
- Total Costs Of Ownership Models
- Reengineering Processes to reduce Cost
- Cost Volume Profit Analysis
- Defining Value Analysis?
Course Outline | Day 05
- Controlling Contract Pricing in Volatile Markets:
- Dealing in Volatile Economic Situations
- Contract Economic Adjustment Clauses
- Continuous Improvement Methods
- Early Supplier Involvement
- Reducing Waste In The Supply Chain
- Savings Reporting
- Get The Big Savings Now
BOOST’s Professional Attendance Certificate “BPAC”
BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.
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