Module 1: PROJECT COST ESTIMATING • Cost structure, cost types, WBS. Methods used to estimate project CAPEX, at each stage. • Financial risk management (quantitative approach using @Risk), project budget impact. Module 2: PROJECT COST CONTROL • Value engineering, economic evaluation of the project and of the alternates. • Cost control during execution stages. Progress control, relationship between cost and schedule. PROJECT CONTROL FRAMEWORK • Project control process map. • Project scope and execution strategy. • Project control plan implementation. SCHEDULE • Schedule planning and development. • Progress and performance measurement. • Assess schedule and resource performance. COSTS • Cost estimating and budgeting. • Resource planning. • Project cost accounting. • Assess cost performance. • Forecasting. • Project historical database management. VALUE ANALYSIS & RISKS • Value analysis and engineering. • Risk management. • Assess risks factors. PERFORMANCE ASSESSMENT ROUND-UP, PROCUREMENT & CHANGES • Assess integrated earned value. • Assess work process and productivity. • Report project performance assessment. • Procurement planning. • Change management |