Project Cost Estimation

Code

PM-715

City

Manama

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Hotel Meeting Room

Price

3250 $

Start

2025-04-13

End

2025-04-17

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Pathways Training and consulting adopts the newest techniques of human resources Training and consulting and, with the following:

Theoretical lectures are delivered via PowerPoint and visual displays (videos and short films)
Making scientific evaluation to the trainee (before and after)
Brainstorming and role-playing
Using case studies related to the scientific material being delivered and the trainees' work.
The participants get the scientific and practical material printed and on CDs and Flash memories.
Preparing records and reports of the participants' attendance and results, with a general evaluation of the training program.
A group of the best trainers and experts in all fields and specialties professionally prepares the scientific material.
After finishing the course, the participants get certificates of attendance signed, certified, and issued by pathways Training and consulting.
Our training programs start at 9:00 o'clock in the morning and end at 2:00 in the afternoon, with snack buffet during the lectures.
Providing a lunch buffet during the training program period, with organizing a lunch party on the training program final day for taking some photos and certificate awarding.

Course Description

Cost over-runs are the most frequent killers of projects. This course focuses on the processes required to complete projects within an approved budget, including resource planning, cost estimating, cost budgeting, accomplishments monitoring, earned value analysis, cost control, depreciation and capital budgeting.

Course Goal

To enhance the participant’s knowledge, skills, and abilities necessary to successfully estimate the cost of any project

Course Objectives:

By the end of this course the participant will be able to:

Estimate completion time/cost
Understand estimating methods
Understand learning curves
Understand earned value concepts
Understand earned value measurement techniques
Understand types of costs
Determine labor rates
Determine overhead rates
Understand capital budgeting techniques
Understand capital investment concepts
Determine cost of capital
Estimate contingency funds/management reserve
Understand purchasing/procurement techniques
Understand depreciation methods

Course Outline

Estimating Completion Time/Cost
Estimating Methods
Learning Curves
Earned Value Concepts
Earned Value Measurement
Types Of Costs
Labor Rates
Overhead Rates
Capital Budgeting
Capital Investment Concepts
Cost Of Capital
Contingency Funds/Management Reserve
Purchasing/Procurement
Depreciation Methods

Time Plan for the Training Program

Project Management Training Courses

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Project Cost Estimation

By the end of this course the participant will be able to:

Time Plan for the Training Program

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