Cost Estimation تقدير التكاليف

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.

Goal:

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

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

Outlines:

  • 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