Project Cost Estimating, Scheduling & Control


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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 Overview

Course participants will learn estimating techniques and processes necessary to forecast accurately the anticipated cost of projects.

Course Objectives

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

Some of the course topics are:

  • 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

Target Audience

  • Project managers
  • Project engineers
  • Cost control professionals

Course Period

  • 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

Price (Including VAT): N100,000

Please download detailed course brochure below and register for your desired session

Additional information

Course Period

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