The decision to proceed with a project is often based almost exclusively on early conceptual cost estimates. 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 when it is too late to contain them.
Project Cost Estimating, Budgeting & Value Engineering Skills training course will provide the delegates with the necessary skills for accurately estimating the total cost of their proposed projects, eliminating unnecessary costs, linking cost estimates to selected procurement methods, and enhancing the overall value of project delivery.
