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Cost, Project and Value Engineering for Effective Project Control Course - Diploma Postgraduate

By: HRODC Postgraduate Training Institute, A Postgraduate-Only Institution

Thailand

05 - 30 Mar, 2018  26 days

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GBP 20,000

This Cost, Project and Value Engineering for Effective Project Control Course is designed for:

  • Cost Engineers;
  • Cost Analysts;
  • Claims and Changes Specialists;
  • Construction Managers;
  • Contract Management Specialists;
  • Cost Estimators;
  • Planner/Scheduler (or Scheduling Engineers);
  • Pre-Construction Managers;
  • Project Controls Engineers;
  • Project Managers;
  • Quantity Surveyors.

By the conclusion of the specified learning and development activities of Cost, Project and Value Engineering Course, participants will be able to demonstrate a heightened understanding of the following concepts and issues:

  • Objectives of Cost Engineering;
  • History;
  • Importance;
  • The International Cost Engineering Council (ICEC);
  • Mathematics of Cost Comparisons;
  • Depreciation;
  • Accelerated Cost Recovery System;
  • Modified Accelerated Cost Recovery System (MACRS);
  • Cost Comparisons of Unequal Durations;
  • Inflation;
  • The Learning Curve;
  • Profitability;
  • Working Capital;
  • Conceptual Costing;
  • Forecasting;
  • Value Engineering;
  • Optimisation:
  • Linear Programming;
  • Dynamic Programming.
  • Nomenclature.
  • Project Cost Accounting;
  • Functions of Cost Accounting;
  • Types of Costs:
  • Direct Costs;
  • Indirect Costs;
  • Overhead Costs;
  • Standard Costs;
  • Joint Cost;
  • Job Order and Process Costing.
  • Capital Cost Estimation:
  • Purpose of Estimates;
  • Fixed Capital and Working Capital;
  • Current Trends in Capital-Cost Estimating;
  • Cost Estimates Types;
  • Functions of Capital-Cost estimates;
  • Cost of Making Estimates;
  • Representation of Cost Data;
  • Factored Estimating;
  • Codes of Account;
  • Startup Costs;
  • Evaluation of the Estimate.
  • Operating Cost Estimation:
  • Concept;
  • Purposes of Operating Cost Estimates;
  • Raw Materials and Utilities;
  • Operating Labour;
  • Maintenance;
  • Indirect Payroll Cost;
  • Operating Supplies;
  • Laboratory and Other Service Costs;
  • Royalties and Rentals;
  • Indirect Costs;
  • Distribution Costs;
  • Avoidance of Nuisances;
  • Contingencies;
  • Shortcut Method;
  • Components of Total Product Cost.
Bangkok, Thailand Mar 05 - 30 Mar, 2018
GBP 20,000.00 + 1,000.00 (VAT)(The course cost does not include living accommodation. However, delegates are treated with the following: Continuous snacks throughout the Event Days; Hot Lunch on Event Days; City Tour; Hand-outs; Stationery.)
(Convert Currency)

+44 7736147507; +44 1902 763607; +44 2071935906

We offer very attractive discount for groups of 3 and more people, from the same organisation, taking the same course. Courses are delivered in over 30 Cities including Miami, London, Dubai, Kuala Lumpur, Paris, Milan.
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