241USD / 100,000NGN
In most cases, early cost estimates drive decisions to proceed with a project. These estimates provide the basis for the cash flow projections and forecasts used during the project feasibility study.
Course participants will learn estimating techniques and processes necessary to forecast accurately the anticipated cost of projects.
Upon completion of the course, participants will be able to:
- Understand and apply the different types of estimating techniques used to accurately estimate project costs
- Develop a project budget
- Manage and control costs throughout the project lifecycle
- Perform cost risk analysis
Course Content Summary
- Introduction to project management
- Definitions of terms
- The project lifecycle
- Tools & techniques used in cost scheduling
- Classification of cost
- Work packages/cost breakdown structure
- Cost selection methods
- Project cost management
- Cost estimation
- Cost budgeting
- Cost allocation
- Project risk identification
- Cost risk analysis
- Project estimation & schedule
- Integrating cost & schedule
- Project cost control
- Principles and purpose of cost control
- Project managers
- Project engineers
- Cost control professionals
- Option 1: Evening on weekdays (Monday to Friday)
- Option 2: Weekends (2 Saturdays, 8 AM to 4.30 PM)
- Option 3: Weekdays (2 days – 8 AM to 4.30 PM)
Course Level: Intermediate
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15 Hours Course Duration
Competitive research experience
Sessions of Positioning Workshops & Presentations
Case Studies & Practical Exercises
Successful Application Of Course Objectives
Video Sessions & General Discussions
Certificate On Course Completion