Project Cost Estimation and Cost Control

This course will enable delegates to realistically estimate project costs, including anticipating factors that may negatively affect cost controls and better planning to mitigate them.

Who Should Attend?

Energy management specialists, planning managers, oil and gas engineers, project managers, analysts, commercial managers, economists, government officials, geologists, business advisors, asset managers, exploration and production (E and P) managers, and product managers.

Course Outcomes

At the end of the programme participants will have a greater understanding of and have developed the following key attributes:

• Budget projects
• Assess the effects of business activity on the balance sheet
• Develop cost management and risk contingencies
• Evaluate project resource levels

Key Course Highlights

• Cost estimating at each task level
• Cost breakdown structure
• Budgetary control strategies
• Post-implementation steps
• Cost evaluation