Cost Estimation & Cost Control CEC

Udemy Certificate USD 199.99
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Cost Estimation & Cost Control CEC

About this course

Cost Engineering (Cost Estimation and Cost Control):Section.01 Cost: Cost Structure, Cost Accounting, Cost Management, Pricing & Costing, Financial Management, Materials, Labors, Machinery, Equipment, & Tools, Depreciation Techniques, Economic, Time Value of Money.Section.02 Cost Estimation: Cost Estimation Methodologies, Conceptual Estimating, Deterministic Estimating.Section.03 Project Management: Planning, Scheduling, Quality Management, Value Engineering, Contracting, Change Management, Claims & Disputes.Section.04 Earned Value Management: EVM for Client & Contractor without changes in QTY, EVM for contractor With changes in QTY Lump Sum, EVM for contractor With changes in QTY Unit Price, EVM Labor Units.Section.05 Cost Estimation and Pricing Workshop: Material Price Estimation, Material Inflation, Labors & Sub-contractors, In-direct Costs, General Requirements & Insurances, Risk & Overhead, Pricing BOQ, Cas Flow, Estimation Report & Presentation.Section.06 Cost Control Workshop: Advance Payment, Client Payment Certificate, Invoice Log, Sub-contractors Invoices, EVM for Direct Cost and Indirect Costs, Change Order, EOT Compensation Cost. Cost Engineering (Cost Estimation and Cost Control):Section.01 Cost: Cost Structure, Cost Accounting, Cost Management, Pricing & Costing, Financial Management, Materials, Labors, Machinery, Equipment, & Tools, Depreciation Techniques, Economic, Time Value of Money.Section.02 Cost Estimation: Cost Estimation Methodologies, Conceptual Estimating, Deterministic Estimating.Section.03 Project Management: Planning, Scheduling, Quality Management, Value Engineering, Contracting, Change Management, Claims & Disputes.Section.04 Earned Value Management: EVM for Client & Contractor without changes in QTY, EVM for contractor With changes in QT

What you'll learn

  • understand cost structures and cost accounting
  • apply different cost estimation methodologies
  • implement project management planning and scheduling techniques
  • execute Earned Value Management for various scenarios
  • manage invoicing and pricing for materials and labor

Course objectives

  • to provide a comprehensive foundation in cost estimation and control
  • to enhance participants' project management skills related to financial aspects
  • to equip learners with practical tools for real-world cost management tasks

Skills you'll gain

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