ADVANCED COST ENGINEERING AND RISK MANAGEMENT

Training Program ADVANCED COST ENGINEERING AND RISK MANAGEMENT
Training Status open
Start Date 16-May-2017
End Date 19-May-2017
Month May
Investment fees /
Venue Yogyakarta
Description

In this program course all participant will learn and understanding in Advanced Cost Engineering and Risk Management master class will:

·      Develop a sound understanding of the principles, methodologies and industry best practices in Cost Engineering

·      Understand the business context, the project life cycle and the purpose of Cost Engineering in Oil & Gas project

·      Learn to prepare cost estimates, from high level factor estimating to very detailed equipment and bulk material cost

·      Understand the impact of project location, market environment and project execution strategy on project cost

·      Learn how to control, forecast and report the cost and progress during project execution

·      Develop the skills and knowledge to review and reconcile cost estimates

·      Understand the principles and methodologies of risk analysis and risk management

·      Learn to set-up and maintain risk registers, perform cost & schedule risk analysis and execute risk mitigation

·      Work on real Oil & Gas project case studies to practice all aspects of this master class

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