This course is designed for all those responsible for making significant decisions concerning costs, plans and budgets for large and complex projects. Project managers, project cost estimators, cost controllers, project planners, contract professionals, and project procurement staff will find this course highly relevant
The course should also be of interest to anyone involved in project initiation, project estimating and budgeting, and development as well as critical assessment of project cost proposals in client and contracting companies.
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
Understand the fundamental concepts of Value Engineering and Analysis
Understand how value engineering supports effective project management by providing a continuous thread of good practice throughout the project development process
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