Course description
Project Cost Estimation and Control
This course is designed for project managers enabling them to clearly plan their project; they require the certain set of skills to identify the visible and invisible aspects of the project need, involve the right stakeholders, get the right coordination and use the appropriate tools. Of similar importance is the control function during project implementation.
Upcoming start dates
Suitability - Who should attend?
Who Should Attend
This course has been specifically designed for project managers, officers and any person involved in project management to enhance their skills in project costing.
Outcome / Qualification etc.
- Project cost estimation essentials
- How to relate costs to milestones
- Invisible costs estimation/ contingency costs estimation
- What is the key principles of cost controlling
- Continuous learning and quality improvement
Training Course Content
- Introduction to project cost estimation
- Zero based and incremental budgeting exercise
- Stakeholders in cost estimation
- Work analysis and resource estimation
- Timelines and milestones
- Direct vs. indirect costs
- Human resource cost estimation
- Inflation rates and long term projects
- Contingency funds planning
- Cost Monitoring Plans
- Mainstreaming Monitoring Plans with Project Plans
- Finance and technical reporting to identify milestones and costs
- Utilization of Results in Project Planning
- Continuous quality improvement using monitoring
Why choose Convertas Management Consultants
Founded in 2006
12 Specialized trainers
100% of happy clients
Expenses
$3195
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Convertas Management Consultants
CONVERTAS offers a series of specialized training services across all areas of business, helping employees develop and increase their skills. Our highly qualified trainers through our specifically designed courses and workshops, as well as our innovative training methodology, will provide...