Cost Engineering, Risk Management & Earned Value Management

Name: Cost Engineering, Risk Management & Earned Value Management
Start: 2024-10-14T09:00:00+08:00
End: 2024-10-18T17:00:00+08:00
Location: 138 Jalan Ampang,Kuala Lumpur,50450,MY

Schedule

Mon Oct 14 2024 at 09:00 am to Fri Oct 18 2024 at 05:00 pm

UTC+08:00

Location

138 Jalan Ampang,Kuala Lumpur,50450,MY | Kuala Lumpur, KL

Discover Proven Strategies to Manage Costs & Increase Project Profitability
Attention: Cost Engineers, Cost Estimators, Cost Controllers, Project Managers, Project Planners & Finance Managers
-Have you lost millions of dollars due to poor project scope and project executions?
-Is getting accurate data from the contractor to measure accurate value of work done and progress reporting a challenge to your team?
-Are you under huge pressure due to major project delays and projects that went over budget?
-Do you need strategies to optimize project scope and project execution?
Why this program?
-Develop a sound understanding of Cost Engineering
-Learn to prepare cost estimates
-Know how to control, monitor and report on project execution
-Know How To Apply Earned Value
-Learn To Develop & Work Breakdown Structures
-Work On Real Energy Project
With the increasing complexity of energy related projects in a challenging and volatile market companies need to develop strategies to optimize project cost performance. We would like to get your attention for the 5-day Cost Engineering course.This course will also focus on Cost Reduction Strategies, distinguishing three important aspects of Cost Reduction:
• Cost Reduction by Scope optimization and reduction (Cost awareness, Value engineering, Target Costing, Life Cycle Costing, Scope standardization, Value Improvement Practices)
• Cost Reduction through Contracting and Procurement Strategies (Contracting strategies, Competitive bidding & tendering, Contract management)
• Cost Reduction through Project Execution & Control (Project Execution Planning, Project Controls Planning, Supply Chain Management, Optimized Project Teams, Total Cost Management)
This course will equip participants to develop, execute and control projects at the lowest cost and therefore optimize the project profitability. It is developed as a 3- day course Cost Engineering (including the Cost Reduction Strategies) and a 2- day course Earned Value Management. Both courses can be taken separately, but also as a combined full week
ABOUT OUR EXPERT
Richard Slingerland is a Certified Cost Engineer and a former Board Member of the Dutch Association of Cost Engineers. He is the owner of Pareto Cost Consultancy; a company specialized in cost estimating, project economics, estimate & schedule assurance reviews, project control, benchmarking and value engineering. Richard has more than 25 years of industrial experience in consulting energy projects, both upstream and downstream. For almost ten years, Richard worked in various Shell locations including The Hague, Netherlands, Malaysia and Central America.
Request for full agenda at [email protected] or visit our website at https://www.ctsolutionsglobal.com/cost-engineering