course | Value Engineering and Cost Planning
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PMCM-436 | Value Engineering and Cost Planning
Course Sector : Project & Contract Management
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 2025-04-21 | 2025-04-25 | Abu Dhabi | $4,250 | Book now |
| 5 Days | 2025-07-21 | 2025-07-25 | Abu Dhabi | $4,250 | Book now |
| 5 Days | 2025-12-29 | 2026-01-02 | Dubai | $4,250 | Book now |
Course Introduction
This comprehensive training course consists of two modules:
Module 1 - Project Scheduling & Cost Planning Skills Project scheduling is a mechanism to communicate what tasks need to get done and which organizational resources will be allocated to complete those tasks in what time frame. A project schedule is a document collecting all the work needed to deliver the project on time.
Module2 - Value Engineering Skills: Improving Performance & Profitability This course focuses on how to deliver reliable estimates that can result in significant savings later in the project life. To develop reliable cost and schedule estimates is one of the critical management skills and is addressed in this course.
Course objective
- Manage and mitigate schedule, cost, scope, and resource risks associated with the project.
- Develop a project recovery plan for budget and schedule overruns.
- Identify value mismatches through the ratio of whole life costing.
- Capture & incorporate stakeholders’ input in the development of the project charter & plan.
- Know the fundamental concepts of Value Engineering and Analysis
Course Outline | Day 01
Project Scheduling and Cost Planning Skills
- Project Estimating Basics
- Developing Project Budget and Schedule Control
Course Outline | Day 02
Managing The Risks
- Managing The Risks
Course Outline | Day 03
Performance and Profitability
- Framework for applying Value Engineering Projects.
Course Outline | Day 04
The Function Analysis Phase – Expressing Project Functional Needs and Constraints.
- Creative Thinking
Course Outline | Day 05
The Evaluation Phase – Making Informed Project Decisions
- The Planning and Reporting Phases – Getting Results Through Effective Communication
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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