Services

• We supervise and support full implementation of the integrated cost management system (including data management and cost control)
• We support reorganization of technical departments, assignment of experts and implementation of ERP system
• We support design and operation of ERP and cost management software

Our Strategy

In handling new client’s projects we undergo sequential practices:

• Solution analysis (i.e. gap analysis)
• Recommendations
• Work strategy
• Planning
• Implementation
• Monitoring & supervising
• Reporting

Moreover, projects can be successful only when they are delivered on time within the budget the time and the specified quality. In order to achieve these objectives, it is necessary to have solid project control systems in place.

We provide a tailored training course to the cost management system associated departments and stakeholders to ease the implementation of the system and to raise the awareness in the company. The training aims to clarify the role of each individual/department in the system processes which will support and expedite the operation. It includes the cost management knowledge and practices in the construction industry in addition to the explanation of the proper workflow and data management.

Individuals Training

Course Title

Understanding & Implementation of Cost Management in Construction

About the course

In this course the trainee will get the knowledge of cost management and how to implement the cost management system in his firm. Explanation of the whole system processes step by step supported by practicing workshops.

Course Content

• Cost Estimation
• Budgets Preparation
• Cash Flows
• Implementation of Cost Control System (Process, Forms & Reports)
• Cost Reports & Related Corrective Actions
• Manpower Productivity Report
• Tips of Implementation of Cost management system and integration with ERP system

(Workshops are included)

Course Objective

• Spread the knowledge of one of the most important project management areas (Cost Management)
• Preparation and qualification of the engineers having the intention to join the cost management career
• Providing one of the most project management important skills to project and construction managers
• Adding the practical experience to the knowledge of cost management
• Illustration of the cost management processes in details to facilitate its implementation in projects focusing on the practical part of the cost management (implementation) more than the theoretical part

Who can apply for this course?

• Cost Engineers
• Project Control Engineers
• All Engineers from Different Disciplines
• Project & Construction Managers
• Accountants

Schedule & Timing

Total of 8 sessions x 2 hrs