About
Course Description
Cost over-runs are the most frequent killers of projects. This course focuses on the processes required to complete projects within an approved budget, including resource planning, cost estimating, cost budgeting, accomplishments monitoring, earned value analysis, cost control, depreciation and capital budgeting.
Course Goal
To enhance the participant’s knowledge, skills, and abilities necessary to successfully estimate the cost of any project
Course Objectives:
By the end of this course the participant will be able to:
- Estimate completion time/cost
- Understand estimating methods
- Understand learning curves
- Understand earned value concepts
- Understand earned value measurement techniques
- Understand types of costs
- Determine labor rates
- Determine overhead rates
- Understand capital budgeting techniques
- Understand capital investment concepts
- Determine cost of capital
- Estimate contingency funds/management reserve
- Understand purchasing/procurement techniques
- Understand depreciation methods
Course Outline
- Estimating Completion Time/Cost
- Estimating Methods
- Learning Curves
- Earned Value Concepts
- Earned Value Measurement
- Types Of Costs
- Labor Rates
- Overhead Rates
- Capital Budgeting
- Capital Investment Concepts
- Cost Of Capital
- Contingency Funds/Management Reserve
- Purchasing/Procurement
- Depreciation Methods
Training Methodology
Pathways Training and consulting adopts the newest techniques of human resources Training and consulting and, with the following:
- Theoretical lectures are delivered via PowerPoint and visual displays (videos and short films)
- Making scientific evaluation to the trainee (before and after)
- Brainstorming and role-playing
- Using case studies related to the scientific material being delivered and the trainees' work.
- The participants get the scientific and practical material printed and on CDs and Flash memories.
- Preparing records and reports of the participants' attendance and results, with a general evaluation of the training program.
- A group of the best trainers and experts in all fields and specialties professionally prepares the scientific material.
- After finishing the course, the participants get certificates of attendance signed, certified, and issued by pathways Training and consulting.
- Our training programs start at 9:00 o'clock in the morning and end at 2:00 in the afternoon, with snack buffet during the lectures.
- Providing a lunch buffet during the training program period, with organizing a lunch party on the training program final day for taking some photos and certificate awarding.
