Course details
Companies must complete projects on budget to achieve financial objectives. Project managers applying cost control techniques effectively can ensure that projects stay within projected budgets or are allowed to exceed budgets in a controlled way for specific reasons. When your company implements appropriate project cost controls, it reduces risk and receives the full benefits anticipated from project completion.
Program Content
- Cost control
- Definition of cost management
- Cost estimation and pricing
- Statistical and probability tools for cost engineering
- Optimizing resources and cost maturity model
- Construction and industrial economics
- Monitoring and cost performance appraisal
- Contracting fundamentals for cost engineers
- Financial control
- Basic accounting terminology
- How to read financial statements
- Financial ratios and analysis
- Cash flow analysis
- Case studies
- Final project
Key benefits
After the completion of this program; participants will be able to:
Understand deeply the concept of cost control.
Know how to estimate the budget of the project.
Analyze cash flow effectively.
Use computer models effectively
Audience
Cost engineers
Cost estimators
Project managers
Program managers
Project engineers
Senior project engineers
Updated on 08 November, 2015Course Location
About High Professional Advisros(HPA)
hpa was founded in 2004 as a joint stock company and is one of the leading companies specialized in the fields of training, consultancy, and recruitment .
Why hpa
- their experience in the Egyptian labor market extended to more than 10 years.
- their previous business with the largest local and international organizations working in Egypt reflects the history of hpa and the applied quality standard.
- All their Calibers, Consultants and trainers are professionals with practical
- experiences at seniority or managerial levels to guarantee a high level of accuracy and effectiveness of professional experience acquired by their Participants.
- All of their Training programs are designed and tailored to their clients with the utmost accuracy by their Research and Development pision, based on the real needs of their client and the labor market to keep their Participants updated with what’s current in the market.
- their team believes that the real development of knowledge and skills depends on participation, practicing and benefits from the experiences and expertise not on memorization and lecturing.
- they are distinguished by their Knowledge and database of the real labor
- market’s needs that are derived by their team of hundreds of consultants,
- professionals, experts, managers and also the decision-makers of companies and organizations in a various fields of economic and business activities in Egypt. This emphasizes the size of experiences they are always keen to provide to their clients.
- Besides training they also provide Recruitment and Consulting services, which allow us to add a vision, and expertise to their clients.
- hpa training programs’ certificates are accredited by more than 5 of the
- largest international professional bodies specialized in training all over the world.
- hpa applies international standards in quality measurements and test systems and is an Internationally Accredited Testing Center.
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