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المالية
18731

Comprehensive Overview of Cost Estimating and Cost Engineering

23-08-2026 To 27-08-2026
Manama

The discipline of cost estimation and cost engineering is pivotal in every project's lifecycle, from conceptualization to completion. This course explores various cost estimation techniques, the importance of cost engineering, budgeting, project valuation, and the role of cost engineers in various industries.

Date :
From 23 Till 27 Aug. 2026
City :
Manama
Fees :
4500
Date :
From 23 Till 27 Aug. 2026
City :
Manama
Fees :
4500

Overview

This course aims to equip attendees with a deep understanding of cost estimation and cost engineering concepts, enabling them to effectively evaluate projects, make informed financial decisions, and optimize costs.

The discipline of cost estimation and cost engineering is pivotal in every project's lifecycle, from conceptualization to completion. This course explores various cost estimation techniques, the importance of cost engineering, budgeting, project valuation, and the role of cost engineers in various industries.

Who Should Attend

This course is ideal for project managers, engineers, financial analysts, cost estimators, and anyone involved in project planning and cost management in various industries.

  • Develop an understanding of the fundamentals of cost estimation and cost engineering.
  • Learn various cost estimation techniques and their applicability in different situations.
  • Understand how to implement cost engineering for project optimization.
  • Acquire skills to manage budgets and control project costs.
  • Grasp the value and process of project risk analysis in cost estimation.
  • Cost estimation techniques and methodologies
  • Application of cost engineering principles
  • Project budgeting and cost control
  • Risk assessment in cost estimation
  • Understanding of cost models and life cycle costing

Introduction to Cost Estimation and Cost Engineering

  • Understanding the Role and Importance of Cost Estimation
  • Defining Cost Engineering and its Significance
  • Identifying the Differences and Similarities between Cost Estimation and Cost Engineering
  • Importance of cost estimation in project planning
  • Key terminologies in cost estimation and engineering
  • Techniques of Cost Estimation

  • Overview of Different Cost Estimation Techniques
  • Detailed study of Top-down and Bottom-up Estimation
  • Strengths and Limitations of Different Techniques
  • Case Studies: Applying Cost Estimation Techniques in Real-world Scenarios
  • Parametric estimating and Analogous Estimating: A comparative study
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