Domain Specific Job Skills
Updated to Leverage the Best of Digital Transformation, Data Analytics and Artificial Intelligence AI
ECC230-1
1 Week Training Program
Total Cost Control Skills
Building Skills in
Helping Cost Reduction
Providing Early Cost Data for Effective Decisions
Nature Project Costs
Early Warning Systems
Impact of Risks
Cost Knowledge Base
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1 Week Training Programs
Seattle, USA
| London
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Dubai
| Kualalumpur
|
Dubai
| London
|
New York
| Seattle, USA
|
Istanbul
| New York
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Dubai
| Kualalumpur
|
London
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Useful Links
What is Covered in this Program
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.
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
This program is intended for participants who wish to gain a good multi-discipline understanding of the issues involved in this work area. It helps them in becoming productive quickly and in building a knowledge framework that will help them identify, understand, classify and remember on the job learning and experiences.
This program can be used to train implementation teams - when a new project or initiative is being started in your organization; when a new strategic focus is being initiated; just prior to a consultant being hired to advise the organization
This program is intended for participants who wish to gain a good multi-discipline understanding of the issues involved in this work area. It helps them in becoming productive quickly and in building a knowledge framework that will help them identify, understand, classify and remember on the job learning and experiences.
This program can be used to train implementation teams - when a new project or initiative is being started in your organization; when a new strategic focus is being initiated; just prior to a consultant being hired to advise the organization
Program Content & Modules
Total Cost Control Skills
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
Periodic Cost Reporting
Personal Cost Professional Effectiveness
Program Recommendations