This program provides the participant the range of practical skills to perform Effective Cost Control on their Projects and Organizational Activities.
Participants will understand how to setup an early warning system of potential cost overruns and how to mitigate the associated risks for your organization.
Who Should Attend
All Participants will take away a good multi-discipline understanding of the issues involved in their work. Program will help the participants quickly become productive quickly and help build a related Knowledge Framework that will help them identify, understand, classify and remember this program discussed technology, On the job learning and life experiences.
This program provides a unique multidiscipline understanding of Relevant Knowledge Areas enabling you to take effective decisions on your related job.
Program Content & Modules
Certified Total Cost Control Professional
Understanding the Nature of Project & Production Costs
Risks on Project and Impact on Costs
How Estimates Build in Project Risks
Classification of Costs
Right Classification for Your Estimate & Cost Control
Components of Costs
Understanding the Behavior of Cost Components
Understanding Planning and Scheduling
Impact of Planning & Scheduling on Costs
Good, Neutral & Bad Variations
Monitoring by Variances
Cost Management Techniques
Analyzing Construction Costs
Analyzing Production Costs
Cost Management Cost Overruns
Cost Reporting and decision making
Cost Overrun Early Warning Systems for Proactive Decision Making