Project Planning, Scheduling and Cost Estimating Skills Training

The decision to proceed with a project is often based almost exclusively on early conceptual cost estimates, and these estimates provide the basis for the cash flow projections and forecasts used during the project feasibility study.

Unreliable cost estimates can result in significant cost overruns later in the project life when it is too late to contain them.

Accurate cost estimation and project scheduling of a project results in significant savings, and is one of the critical management skills.

In the initial stages and final stages of a project, it is necessary for proper estimation as with early conceptual estimates determines whether a project will be accepted/rejected.

Project Planning, Scheduling and Cost Estimation Planning Skills  Training course will provide the skills for proper project scheduling and the skills required for cost estimation and planning.

This 10-Days course will significantly enhance the skills and knowledge of delegates and improve their ability to properly plan and schedule their projects, as well as perform estimates at both the conceptual and detailed levels, and to compare feasible alternatives quickly and efficiently

Objectives

At the end of this Project Planning, Scheduling and Cost Estimation Planning Skills  Training Course, Participant will be able to :

• Gain knowledge of techniques used in resource planning and control.

• Understand the time-cost trade-offs.

• Identify risk sources and minimize their impact and learn how to sustain project momentum.

• Learn how to administer project documentation and reporting.

• Develop effective performance monitoring and control systems.

• Gain knowledge of techniques used in project estimating, from the conceptual stage to the final detailed estimate

• Understand the different types of estimates used to accurately and progressively estimate project costs

• Understand the different types of contracts based on the distribution of risk between contracting parties

• Effectively apply incentive arrangements to get the best results from the contract

Who Should Attend

Project Planning, Scheduling and Cost Estimation Planning Skills Training Course, is ideal for : 

• Project planning engineers,

• Project cost estimators,

• Project designers,

• Project planners and schedulers,

• Contracts professionals,

• Project procurement and purchasing staff,

• Project control and business services professionals who have the responsibility for preparing cost estimates and project proposals in client and contracting companies.