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HIGHLIGHTS
BENEFITS OF DOCUMENT
DOCUMENT DESCRIPTION
Introduction and Course Objectives
The estimating techniques covered in this course will provide participants with the necessary skills to forecast accurately the anticipated costs of projects.
The development of reliable cost estimates during the design and early conceptual stages of a proposed project is of critical importance since the decision to proceed with a project is often based almost exclusively on early conceptual cost estimates. These estimates also provide the basis for the cash flow projections and forecasts used during the project feasibility study.
Course Outlines
Day 1
Cost Estimating Basics
? Basic Project Management definitions
? Cost Selection Methods
? Typical project terminology & setting up for success
? Project cost management, Cost Control
? Resource & Cost Allocation
? Understanding project management inputs to cost estimation
Day 2
Pricing, Contracts and Risk
? Project management inputs to cost budgeting
? Resource Requirements
? Direct & Indirect Project Costs
? Probability and Standard Deviation Formulae
? Contract types according to risk distribution
? Fixed Price Contracts, Cost-Plus Contracts
Day 3
Developing the Project Budget & Cost Control
? Risk Identification, Analysis & Management
? Qualitative Risk Analysis
? Quantitative Risk Analysis
? Risk & Probability Matrix
? Risk Response Strategy
? Cash Flow management
Who Should Attend
? Project Cost Estimators
? Project Designers
? Project Planners and Schedulers
? Contracts Professionals
? Project Procurement and Purchasing Staff
? Project Control and Business Services Professionals who have the responsibility for preparing cost estimates and project proposals in client and contracting companies
Got a question about the product? Email us at [email protected] or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Project Cost PowerPoint Slides: Project Cost Estimation and Control PowerPoint (PPTX) Presentation, Tarek Darwish, Sr. Consultant & Trainer
ABOUT THE AUTHOR: TAREK DARWISH, SR. CONSULTANT & TRAINER
Tarek Darwish, M.Sc, PMP-ATP®, PMI-SP®, SFC, P6.
Senior Management Consultant & Trainer
Mr.
[read more]
Darwish is a Senior Management Consultant, certified Project Management Professional (PMP) as well as certified Project Scheduling Professional (PMI-SP) and certified in Scrum Foundation SFC, with over 28-years service record in Egypt, Germany, Jordan, Pakistan, Libya, Sudan, Oman, Qatar, KSA, Malaysia, Turkey, UAE, Czech Republic, UK and USA.
Mr. Darwish gained his IB diploma from the United World College of the Adriatic in Northern Italy 1984, Degree in Electronics Engineering 1990 from Egypt and a master's degree in computer science in 2004 from USA. In 2005, He got his PMP certification and kept the certification updated ever since. In 2013 he gained the PMI-SP certification (Project Scheduling Professional). In 2020, Mr. Darwish got his SFC (Scrum Foundation Certified).
He is currently a senior management consultant and trainer, providing consulting and training with leading consulting and training companies in Egypt, the Middle East, US, UK and Europe on a number of management topics, such as; project, program, and risk management, scheduling, planning, controlling, agility, change management, business process improvement, business process re-engineering and leadership.
Mr. Darwish led the digital transformation of the legal departments in Banque Misr, Blom Bank and AUBE bank.
He supported the initiation and planning of the restructuring project in HCMLT (Holding Company for Maritime and Land Transportation)
He supported the planning and controlling of the digital transformation 360 view project in ACA (Administrative Control Authority)
He supported the planning and scheduling of the "Worood City" in Taif, KSA
He led the PMO capacity improvement in ESRINEA
He led the efforts of juwi, the leading German renewable energies company, to assess the Egyptian market's potential and make informed investment decisions.
Mr. Darwish is a visiting lecturer at the University of Middlesex, London, for the BIM (Building Information Modeling) post-graduate program.
He helped setup the strategic PMO unit in Vodafone Egypt and led a change program aimed at implementing standard project management methodologies throughout the company as well as the implementation of strategic and operational balanced scorecards between 2005 and 2007.
He helped IBM Egypt achieve the highest quality rating CMMI level 5 in 2005 and setup the quality assurance department of VIAS (a joint venture between IBM and Valeo). His efforts led Valeo to obtain the CMMI L3 and ISO 9000 certifications.
He led the effort of the Heliopolis American International School to modernize their IT infrastructure and curricula to the highest standards between 2002 and 2004
He is thoroughly experienced in complete product life cycles from concept to upgrade or grandfathering. He led the development and marketing of several electronic products such as; Al-Meshkat and MEMO, the electronic dictionary, between 1998 and 2002.
Mr. Darwish provided IT consultancy to a number of businesses in Germany between 1994 and 1998 such as; Olivetti, Daimler Benz and Vogel tours to help develop their IT infrastructure.
Tarek Darwish, Sr. Consultant & Trainer has published 6 additional documents on Flevy.
DETAILS
This business document is categorized under the function(s): Operations Project management
It applies to All Industries
File Type: PowerPoint (pptx)
File Size: 2.3 MB
Number of Slides: 61 (includes cover, transition, & marketing slides)
Related Topic(s): Project Cost
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
Initial upload date (first version): Sep 21, 2021
Most recent version published: Sep 22, 2021
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