Cost Control Training

by Synergie Training Claim Listing

Each participant to bring a brief description (half page maximum) of a typical cost control problem, or cost/estimating work method, that has been or is a problem, in the control of projects or work assignments. These issues will be addressed during the course.

£295

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Synergie Training Logo

img Duration

1 Day

Course Details

Each participant to bring a brief description (half page maximum) of a typical cost control problem, or cost/estimating work method, that has been or is a problem, in the control of projects or work assignments. These issues will be addressed during the course.

 

Content:

  • Reasons For Cost Creep (Group Exercise):
  • A brainstorming session to identify the reasons and areas of cost escalation.
  • The Foundation Stone – Defining the What  (Lecture & Group Exercises):
  •   To demonstrate the use of product and work breakdown structures to describe the scope of the project and develop the basic controls.
  • The Benchmark – Estimating How Much (Lecture & Case Study):
  •  Intensive lecture covering aspects of estimating.
  • Approaches to Estimating.
  • Elements of Estimating.
  • Estimate planning sequence.
  • Types of Estimate.
  • Make-up of an Estimate.
  • Contingencies.
  • Using the correct estimating technique.
  • Uses of different types of estimates.
  • Estimating case study describing the methods used by the various departments of a company to prepare an estimate.
  • Cost – Profit – Price
  • Cost Reduction (Lecture & Discussion):
  •  A review of the issues involved in reducing the costs.
  • Redesign, scope and specification.
  • Breakdown v’s Make-up.
  • Negotiating the deal.
  • Pricing or costing changes.
  • Glasgow Branch

    272 Bath Street, Glasgow

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