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Cost Engineering, Risk Management & EVM

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Cost Engineering, Risk Management & EVM


Discover Proven Strategies to Reduce Costs & Increase Project ProfitabilityContent OverviewCost Engineering and Risk Management (Day 1 - 3) program will cover the latest techniques and practical methodologies of project cost engineering and risk management to successfully manage project cost and risk, in order to maximize business ROI in the long run. You will gain the combination of unmatched risk analysis skills, cost engineering and thorough knowledge of your project parameters and uncertainties.Earned Value Management (Day 4 - 5) program will cover the principles, methodologies and industry best practices in Earned Value Management. Using the knowledge to analyze project performance and to provide accurate cost and schedule forecasting, you will be able to contribute to your project’s increased performance and success.Delegates will be guided through step-by-step exercises on real oil and gas project case studies.Training Program Objective

DEVELOP a sound understanding of the principles, methodologies and industry best practices in Cost Engineering and Earned Value ManagementUNDERSTAND the business context, the project life cycle and the purpose of Cost Engineering in Oil & Gas projectsLEARN to prepare cost estimates, from high-level factor estimating to very detailed equipment and bulk material cost.LEARN to develop and work with Work Breakdown Structures, work packages, project baselines and project forecastsUNDERSTAND the impact of project location, market environment and project execution strategy on project costLEARN how to control, forecast and report the cost and progress during project executionWORK on real Oil & Gas project case studies to practice all aspects of this masterclassTraining MethodologyThe course is based on a balanced combination of classroom teaching and syndicate exercises supported by case studies and exercises within the industrial environment. This course is designed in with leading industry knowledge and practical case studies discussion and analysis to provide an interactive learning environment.

 

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Customized Training Solutions Pte. Ltd.

Registration No. 201621001H

Email:  bWFyeWxlbiB8IGN0c29sdXRpb25zZ2xvYmFsICEgY29t

Tel. #: +65- 6524 4973

www.ctsolutionsglobal.com



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