Training Successful Cost Reduction Strategies & Cost Engineering and Earned Value Management Training

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Descriptions

The ability to manage finances in project planning effectively can maximize profits. Finding the optimal balance between cost, quality, and time is an important requirement in managing a project. Cost engineering and cost reduction strategies are important in operating efficiency practices to avoid cost overruns and schedule slips and to provide improvements in the pace of changing the project. Earned Value Management plays a role in providing an accurate estimate of the problem of project performance which is an important contribution to project management. The cost reduction and cost engineering strategy training is designed so that participants can learn the techniques needed in project cost engineering, managing project costs and providing improvements to the scope of the project and earned value management are designed so that participants can understand the principles, methodologies in analyzing project performance and success in improving project performance.

 

Objectives

After this training, participants are expected to:

1. 1. Understand the context, cycle, and cost engineering objectives
   2. Study the project cost engineering methodology to maximize ROI (Return on Investment) in the long run
   3. Prepare cost estimates and cost reduction strategies
   4. Understand the principles and methodology of risk analysis
   5. Learn risk management methodologies through risk analysis skills to better measure parameters and uncertainties in a project
   6. Learn the techniques of controlling/controlling, estimating, reporting costs and monitoring project performance during project implementation
   7. Study the principles, methodology, best practices in analyzing project performance, accurate cost management, and scheduling estimates for project completion.

 

Outline

1. 1. Definition of Cost Engineering & Methodology for Estimating and Cost Reduction through the Scope of Optimization & Reduction
   2. Location & Market Factors, Index, Project Budgeting & Control and Cost Reduction Through Approval & Procurement Strategies
   3. Advance Project Control, Assurance, Risk Management & Analysis, Cost Reduction Through Project Implementation & Control
   4. Definition, Objectivity, Methodology and Analysis of Earned Value Management
   5. Monitoring, Reporting & Advanced Earned Value Management

 

Participants

This training is designed for cost engineering professionals who want to increase their knowledge in cost engineering and earned value management in a project, including:

1. 1. Cost Engineers
   2. Cost Estimators
   3. Cost Controllers
   4. Project Managers
   5. Project Engineers
   6. Project Planners
   7. Finance Managers & Executives

 

Methods

Presentations, Discussions, Brain Storming, Case Study.

Place

• • Ibis Style Hotel Yogyakarta
  • Gino Feruci Hotel Bandung
  • Sofyan Betawi Menteng Hotel Jakarta
  • Ibis Style Kuta Circle Hotel Bali
  • In House Training*

 

The Facility and investment

• • The facility: Hard Copy Material, USB Flash disk, Training Kits, Coffee Break & Lunch, Certificate, Photo Group, Souvenir
  • Investment of Rp. 6.000.000,- (Six million rupiah) per participants nonresidential
  • The price is not including taxes

 

E-Learning

• • Using the Zoom Application
  • The facility: Hard & Soft Copy File, USB Flashdisk, Training Kits, Certificate, Souvenir
  • Investment of 4.000.000,- (four million rupiah) per participants nonresidential
  • The price is not including taxes

 

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