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Project Cost Estimation and Control (PowerPoint PPTX)

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HIGHLIGHTS

Author: Tarek Darwish, Sr. Consultant & Trainer

Immediate, digital download

File Type: 61-slide PowerPoint presentation (PPTX)

BENEFITS OF DOCUMENT

Enhances project cost estimation skills
Learn project financials
Enhance cost control skills

DOCUMENT DESCRIPTION

This product (Project Cost Estimation and Control) is a 61-slide PowerPoint presentation (PPTX), which you can download immediately upon purchase.

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

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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]

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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This bundle contains 4 additional documents.

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