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→ Administration and Secretarial
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→ Business Continuity and Crisis Management
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→ Contracts Management
→ Customer Service
→ Data Management and Business Intelligence
→ Digital Innovation and Transformation
→ Energy and Water Management
→ Financial Technology (FinTech)
→ Health, Safety and Environment
→ Human Resources and Training
→ Interpersonal Skills and Self Development
→ IT Management
→ Leadership and Management
→ Legal
→ Maintenance and Engineering
→ Marketing and Sales
→ Monetary Economics
→ Monitoring and Evaluation
→ Oil and Gas
→ Planning and Strategy Management
→ Port and Shipping Management
→ Procurement and Supply Chain Management
→ Project Management
→ Public Relations
→ Quality and Productivity
→ Security Management
→ Tourism Management
→ Transport and Logistics
More Links
→ Public Training Courses
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Estimating, Budgeting, Cost Control & Value Engineering

Why Attend

The decision to proceed with a project is often based almost exclusively on early conceptual cost estimates, and these estimates provide the basis for the cash flow projections and budget forecasts used during the project feasibility study. Unreliable cost estimates can result in significant cost overruns later in the project life when it is too late to contain them. As potential projects are considered, management not only requires costs estimates of high accuracy, they seek opportunities to reduce life-cycle costs, improve budget accuracy and optimize whole-life project value.

Overview

Course Outline

Schedule & Fees

Course Methodology

Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing

Course Objectives

This Program is Intended for any Professionals Preparing, Analyzing, Auditing or Approving  Estimates. Proposals, Value Engineering Ideas, Claims or Budgets.; The program will provide the participant with the essential methodologies and tools for effective estimating, budgeting, cost control and value engineering on his job.; The program emphasises use of standardized methods, procedures, knowledgebase and checklists.

Target Audience

Target Competencies

n/a

Day 1

  • Registration

  • Program Introduction

  • Program Overview

  • Estimating & Cost Control Problems

Day 2

  • Understanding the Estimating Problem

  • Estimating vs. Guess Work

  • Classification of Costs

  • Bidding & Negotiation Issues

  • Analyzing Production Costs

Day 3

  • Impact of Contract Conditions on Estimates

  • Good Practices in Estimating (Quality Assurance)

  • Defining Work Scope & Objectives: Physical, Documentation & Strategic

  • Understanding Planning & Scheduling

  • Impact of Planning Decisions on Costs

  • Cost Escalation

Day 4

  • Material Takeoff

  • Standard Material Costs Data

  • Work Method

  • Productivity

  • Labour Hours

  • Labour Rates Data

Day 5

  • Site Overheads

  • Head Office Overheads

  • Profit Allowance

  • Contractor's Contingency Allowances

  • Owner/Client's Contingency Allowances

  • Value Engineering

  • Program Recommendations and Your Action Plan

$1375

Dar Es Salaam

Country: Tanzania

Duration: One week

Date: 10–14 Nov 2025

Register

$3875

Muscat

Country: Oman

Duration: One week

Date: 25–29 May 2026

Register