The Construction Cost Management course is designed to equip professionals with essential skills and knowledge to effectively plan, monitor, and control construction project costs.
20 hours
أبريل 29, 2025
Construction cost management is the process of keeping projects on budget. For general contractors, this keeps projects from overspending and chewing away at their bottom line. Effective construction cost management ensures that the spending throughout the project life cycle is on track. The Construction Cost Management course is designed to equip professionals with essential skills and knowledge to effectively plan, monitor, and control construction project costs. It provides a comprehensive understanding of cost estimation, budgeting, cost control strategies, and financial management principles tailored for the construction industry. This course is an essential training for professionals looking to excel in construction cost management and ensure project profitability and financial success.
By the end of the course, participants will:
- Understand the fundamentals of construction cost management.
- Learn how to develop accurate cost estimates and budgets.
- Explore cost control techniques to minimize overruns.
- Analyze financial risks and implement cost-saving strategies.
- Gain insights into contract pricing, procurement, and value engineering.
- Utilize industry-standard tools and software for cost management
Project Managers / Project managements team / Controller.
Cost Engineers.
Quantity Surveyors.
Construction Managers.
Civil Engineers
Financial and Procurement Professionals in the construction industry
English , 20 Hours
- Introduction to Construction Cost Management
- Cost Estimating
- Budgeting and Financial Planning
- Progress & Cost Control
- Project Management
- Economic Analysis
- Construction Cost Management Tools & Software
Course Lesson
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- Cost Elements Unlimited
- Pricing Unlimited
- Materials Unlimited
- Labor Unlimited
- Engineering Unlimited
- Equipment, Parts and Tools Unlimited
- Economic Costs Unlimited
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- Preliminary and detailed estimating methods Unlimited
- Factors affecting cost estimation Unlimited
- Developing and managing construction budgets Unlimited
- Cash flow forecasting Unlimited
- Project Planning Unlimited
- Leadership and Management of Project People Unlimited
- Quality Management Unlimited
- Strategies to enhance project value while reducing costs Unlimited
- Contracting for Capital Projects Unlimited
- Different pricing models in construction contracts Unlimited
- Impact of procurement strategies on project costs Unlimited
- Practical applications of software like Primavera, MS Excel, and cost estimating tools Unlimited
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