PROJECT COST ENGINEERING AND RISK MANAGEMENT

Training Program PROJECT COST ENGINEERING AND RISK MANAGEMENT
Training Status open
Start Date 24-Apr-2019
End Date 26-Apr-2019
Month April
Investment fees /
Venue Bandung
Description

Attendants of this 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 projects
  • 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 & 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

 

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