Project Cost Engineering

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.

• 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