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course | Project Cost Engineering

Project Cost Engineering course designed for professionals in UAE. Learn, apply, and get certified in cost engineering.

PMCM-421 | Project Cost Engineering

Course Sector : Project & Contract Management

Duration
Date from
Date to Course Venue Course fees Book a course
5 Days22/11/202626/11/2026Manama$4,250 Book now
5 Days14/03/202718/03/2027Riyadh$4,250 Book now
5 Days24/05/202728/05/2027Abu Dhabi$4,250 Book now
5 Days30/08/202703/09/2027Dubai$4,250 Book now

Course Introduction

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 better decisions may be made.
 

This intensive course 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.


Course objective

  • 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

Course audience

  • Project Manager
  • Business Administrator
  • Marketing Coordinator
  • Account Executive
  • Chief Operating Officer
  • Operations Manager
  • Executive Administrative 
  • Risk Manager
  • Program Manager
  • Business Analyst
  • Quality Control Coordinator
  • Assistant Manager
  • Team Leader
  • Senior Supervisors
  • Researcher
  • Entrepreneur
  • Management Consultant
  • Public Relations Director

Course Outline | Day 01

Pre-Test
 

  • Introduction
  • Professional associations & their role
  • Cost estimating
  • Tendering

Course Outline | Day 02

Project execution
 

  • Contract Strategy
  • Cost control
  • Reliable Cost Estimating
  • Accurate Cost Management
  • Cost Elements

Course Outline | Day 03

Pricing and Costing
 

  • Materials
  • Labor
  • Engineering Role and Project Success
  • Machinery, Equipment, and Tools
  • Economic Cost
  • Activity-Based Cost Management

Course Outline | Day 04

Project schedules
 

  • In-depth Project Analytics
  • Scheduling basics
  • Relationship with Cost
  • Stay within time and budget
  • Cash flow forecasting

Course Outline | Day 05

Life-cycle costing
 

  • Value engineering
  • Course Conclusion
  • POST-TEST and EVALUATION
Course Certificates
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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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