Cost Engineering - Effective Estimating and Cost Control of Engineering and Construction Projects
After participating in this course, you will be able to:
Apply the basics of project execution and control
Understand estimates and prepare control budgets
Prepare meaningful cost reports
Use project schedules
Prepare cash flow forecasts and calculate life-cycle costs
Professional associations & their role
Cost estimating
Project execution
Cost control
Project schedules
Scheduling basics
Relationship with Cost
Cash flow forecasting
Life-cycle costing
Value engineering
Project leaders and technical staff charged with delivering tangible results require objective cost assessments for funding and control decisions. The business purpose of the cost engineering function is to provide these assessments early and reliably so that a better decision may be made.
Those involved with cost estimating and controls:
Engineers • Technical staff • Project Managers • Construction Managers • Estimators
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