Cost Engineering, Risk Management and Earned Value Management 2015 is a course dedicated to the latest techniques and practical methodologies of project cost engineering and risk management.
Topics
- The business context, the project life cycle and the purpose of Cost Engineering in Oil & Gas projects
- The principles, methodologies and industry best practices in Cost Engineering and Earned Value Management
- Work breakdown structures, work packages, project baselines and project forecasts
- How to prepare cost estimates, from high level factor estimating to very detailed equipment and bulk material cost
- Know how to apply Earned Value to analyse project performance and forecast cost and schedule at project completion
- The impact of project location, market environment and project execution strategy on project cost
- The skills and knowledge to review and reconcile cost estimates
- Control, forecast and report the cost and progress during project execution
- The principles and methodologies of risk analysis and execute risk mitigation
Who should Attend
Attendees involved or interested in:
- Cost Estimators
- Cost Engineers
- Project Managers
- Cost Controllers
- Project Planners
- Project Engineers
- Finance Managers & Executives
