Project Budgeting MindShift Training

WHY PROJECT BUDGETING COURSE?

Budget Estimating is a process to predict the actual project cost within acceptable variance. This variance could be controlled by good project management and proper cost control techniques. The objective of this seminar is to train participants in identifying budgeting elements, cost management functions, space requirements and educate them in design programming, estimating standards, building space models, building description summary, and quality modeling. Participants will also learn about the Uniformat estimating system, engineering systems take off, risk management concepts, integrated cost and risk management, integrated VE into project design. Participants will apply the project budgeting techniques to a sample project to gain experience in using this technology. This course will also include construction market survey including market survey questionnaire and market cost trends of labor and materials.

WHO SHOULD ATTEND?

This seminar is designed for every one want to get familiar with Value Engineering methodology application and its benefits and those who want to make best use of the application of Value Management as related to projects or services. All the managers, architects and engineers from: governor, state and local government agencies, universities, pharmaceutical, other research institutions, hospitals, environmental agencies, department of transportation, and manufacturing process industries will also benefit from these seminars. In addition, engineering and architecture firms should send individuals that are involved in the design and construction of these types of facilities. Construction contractors and facility managers can also benefit from these seminars.
3 Day Seminar Program

INTRODUCTION

• Budget Elements .
• Design Phases
• Cost Control Concept
• Historical Budget Techniques
• Budgeteer Responsibilities
• Estimating Standards
• The Uniformat Elemental Classification

FIXING PROJECT SCOPE
• Facilities Functional & Technical Programs
• Key Cost Drivers

SAMPLE PROJECT COST PLAN/COST MODEL

COMPUTING PROGRAM AREA REQUIREMENTS
• Space Efficiency
• Rules of Measurement
• Converting Net of Gross

PROJECT WORKSHOP

• Computing Area Requirements
ESTABLISHING CONFIGURATION/MASSING
• Sitting the Building Configuration
• Statistical Configuration Process
• Building Statistical Description Summary

PROJECT WORKSHOP
• Determining Configuration Quantities

DOCUMENTING QUALITY
• Quality Standards/Levels .
• Sample Documentation by Element

DETERMINING QUANTITIES FOR UNIFORMAT ELEMENTS
• System 01 - Foundations .
• System 02 - Substructure
• System 03 - Superstructure.
• System 04 - Exterior Closure .
• System 05 - Roofing
• System 06 - Interior Construction

PROJECT WORKSHOP
• Determine Quantities, systems 01-06

DETERMINING QUANTITIES
• System 07 - Conveying Systems.
• System 081 - Plumbing.
• System 082 - HVAC.
• System 083 - Fire Protection

DETERMINING QUANTITIES
• System 09 - Electrical.
• System 11 - Equipment.
• System 12 - Site Work

PROJECT MANAGEMENT PLAN
• Methods of Accomplishment.
• Scheduling
• Uniformat Elemental Specifications
• ASTM Standard E 1557-93
• CSI/CSC Practice FF/180

BUDGET DEVELOPMENT
• Contingencies
• Management & Design Costs
• Reservations

CLOSING THE LOOP - RECYCLING COST DATA
• Controlling Design Work
• Historical Data

This course is no longer available.

Project Budgeting MindShift Training
Price: AED 2,100
Instructor led live virtual classroom online. Classes may be individual or in group.
  • Duration: 3 Days

Course details

WHY PROJECT BUDGETING COURSE?

Budget Estimating is a process to predict the actual project cost within acceptable variance. This variance could be controlled by good project management and proper cost control techniques. The objective of this seminar is to train participants in identifying budgeting elements, cost management functions, space requirements and educate them in design programming, estimating standards, building space models, building description summary, and quality modeling. Participants will also learn about the Uniformat estimating system, engineering systems take off, risk management concepts, integrated cost and risk management, integrated VE into project design. Participants will apply the project budgeting techniques to a sample project to gain experience in using this technology. This course will also include construction market survey including market survey questionnaire and market cost trends of labor and materials.

WHO SHOULD ATTEND?

This seminar is designed for every one want to get familiar with Value Engineering methodology application and its benefits and those who want to make best use of the application of Value Management as related to projects or services. All the managers, architects and engineers from: governor, state and local government agencies, universities, pharmaceutical, other research institutions, hospitals, environmental agencies, department of transportation, and manufacturing process industries will also benefit from these seminars. In addition, engineering and architecture firms should send individuals that are involved in the design and construction of these types of facilities. Construction contractors and facility managers can also benefit from these seminars.
3 Day Seminar Program

INTRODUCTION

• Budget Elements .
• Design Phases
• Cost Control Concept
• Historical Budget Techniques
• Budgeteer Responsibilities
• Estimating Standards
• The Uniformat Elemental Classification

FIXING PROJECT SCOPE
• Facilities Functional & Technical Programs
• Key Cost Drivers

SAMPLE PROJECT COST PLAN/COST MODEL

COMPUTING PROGRAM AREA REQUIREMENTS
• Space Efficiency
• Rules of Measurement
• Converting Net of Gross

PROJECT WORKSHOP

• Computing Area Requirements
ESTABLISHING CONFIGURATION/MASSING
• Sitting the Building Configuration
• Statistical Configuration Process
• Building Statistical Description Summary

PROJECT WORKSHOP
• Determining Configuration Quantities

DOCUMENTING QUALITY
• Quality Standards/Levels .
• Sample Documentation by Element

DETERMINING QUANTITIES FOR UNIFORMAT ELEMENTS
• System 01 - Foundations .
• System 02 - Substructure
• System 03 - Superstructure.
• System 04 - Exterior Closure .
• System 05 - Roofing
• System 06 - Interior Construction

PROJECT WORKSHOP
• Determine Quantities, systems 01-06

DETERMINING QUANTITIES
• System 07 - Conveying Systems.
• System 081 - Plumbing.
• System 082 - HVAC.
• System 083 - Fire Protection

DETERMINING QUANTITIES
• System 09 - Electrical.
• System 11 - Equipment.
• System 12 - Site Work

PROJECT MANAGEMENT PLAN
• Methods of Accomplishment.
• Scheduling
• Uniformat Elemental Specifications
• ASTM Standard E 1557-93
• CSI/CSC Practice FF/180

BUDGET DEVELOPMENT
• Contingencies
• Management & Design Costs
• Reservations

CLOSING THE LOOP - RECYCLING COST DATA
• Controlling Design Work
• Historical Data Updated on 10 February, 2023

About MindShift Training

MindShift Training & Consulting is an innovative Business Consultancy and Corporate Training firm set up in Dubai, UAE. Mish Training & Consulting is globally present and provides world-class services through its representative offices in UAE, Lebanon, KSA, Qatar, Oman, Jordan, Iraq, UK, Italy & Canada.

Our talented team of learning experts and consultants create business advantage for our clients by delivering professional training courses and tailored programs in the field of Engineering such as Civil, Electrical, Mechanical, Industrial, Petroleum as well as Architectural, Environment, Finance, and Business Management courses and Soft Skills. Our expert learning and development team create and run training courses designed to educate and motivate delegates.

We have an excellent reputation in the Middle East region for offering and delivering Professional Project Management Services, Risk Management Services, Value Management and Contracts, Claims and Dispute Resolution for the Oil, Gas and Petroleum Sectors, Construction and Contracting companies, Electricity, Real Estate, IT companies, various government department and private industries.

MindShift Training offers over 300 Technical & Non-Technical  programs related to  Project Management, Construction Engineering, Contracts &  Claims, Oil & Gas, Electrical, Finance, Leadership & HR, Health & Safety, IT, Customer Service, Personnel Development and many more. See all MindShift Training courses
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