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Latest Course - Next Date: 18/06/12

Microsoft Excel Level 4 Southampton
Microsoft Excel [Southampton]   A part of this course will explore some of the new features of Excel 2010 that will enable you to manage and manipulate data more effectively. The remainder of the course will focus on array formulas t - Book Now

Cost Estimating

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Level Foundation
Date/Venue
Duration 1 day
Time 09:30 to 16:30
Price Net - £300.00
VAT - £60.00
Gross - £360.00

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Introduction to Cost Estimating
 

The fundamentals of cost estimating is a one day course providing the essential building blocks of accurate cost estimation. This course is aimed at estimators or cost engineers in either the public or private sectors and provides an effective foundation for the production of accurate cost estimates. The course is applicable to a wide range of sectors and can be tailored further to a specific company and its estimators with a minimum of four delegates.

Aims
 
To understand how to carry out accurate cost estimating.
 
 
 
Objectives
By the end of the course you will be able to:
 
  • Conduct accurate estimating
  • Apply different types of estimating techniques
  • Understand factors that affect cost estimating
 
Content
 

1. The lifecycle

 

Concept - Definition - Implementation - Handover/Closeout - Factors affecting estimates

 

2. Contingency Estimating

 

Risk planning - Estimating rules

 

3. Estimating as a team

 

Setting the scene - Negotiation - Target setting

 

4. Types of estimating

 

Comparative - Bottom up - Parametric - 3-point - Wide-band delphi

Included: Lunch and Refreshments, training materials.
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