Workshop Overview
Practicing the art of cost engineering means walking a fine line between theoretical knowledge and practical experience. This intensive 3-day workshop will provide delegates with knowledge of cost estimation and cost control. The first day will set a common platform on which delegates will have a consensus of the various terminologies used throughout the workshop and the approaches towards: cost estimation & cost control and learn the way in which these fields interconnect.
The second day will focus on factor estimating which can help provide a good estimate of project costs before all details of the project are known. This allows delegates to make appropriate decisions needed for the future of the projects. Various methods are available for factor estimation and will be covered during the workshop. Exercises will be conducted to allow delegates to apply all the principles learnt and effectively apply factor estimation to their projects.
A good quality estimate is the first step to keeping the cost of projects within budget. Cost control is a natural follow-up for the estimates. The last day of the workshop is intended to help delegates achieve greater grip on the success factors of the project by executing proper cost control. There will be several exercises inspired from real project situations and is intended to allow delegates to put their knowledge gained into practice.
This workshop has been designed to aid delegates in managing the costs of their projects with good, accurate estimates and effective cost control preventing cost overruns which is a huge bane in the highly volatile economic situations.
Workshop facilitator profile
He is the Technical Director of Cost Engineering Consultancy B.V. He has more than 20 years of industrial experience in consulting various heavy industries such as oil & gas, petrochemical, power, mining & minerals, chemical, construction, pharmaceutical among others.
He started his career in Engineering at Badger. He worked at AMEC as a coordinator for several principals, such as Shell Den Haag, Gist Brocades & NAM, specializing in Cost Engineering. He is also involved with all maintenance activities concerning Cost Engineering and arbitration business. Since 1992, he has been a member of NAP/DACE and a coordinator/teacher of its courses and he is also a member of AACEI, ICEC and ACostE and the WEBCI special interest group.
Cost Engineering Consultancy B.V was founded in 1996 as an independent cost engineering company using a unique combination of technical engineering and costing techniques in their advice to their clients. Apart from consulting, the company also has a Cost Engineering Academy that provides training of various levels to all who are involved in technical projects with a responsibility for cost estimation, cost control and planning in their organizations.
Partial client list includes:
- Shell Netherlands
- Shell UK
- Shell Global Solutions International
- Exxon Mobil
- BP
- Total
- NUON
- Statoil
- OMV Refining & Marketing
- Petrom S.A
- Petroleum Development Oman
- Qatar Petroleum
- Kuwait Petroleum
- Inpex
- Aker Kvaerner
- Technip-EPG
- IV-Oil & Gas
Key benefits for attending this event
- LEARN how to determine accurate estimates
- PREPARE accurate cost estimates for your project situation
- ACQUIRE skills and techniques required for factor estimating & cost controlling of projects after project execution
- EVALUATE the position of cost control in projects and look at the cost control cycle and how it fits with the project life cycle
- DETERMINE factors needed when doing cost control and interpret cost control reports
- EXCHANGE experience and obtain feedback from the International Cost Engineering Expert
Who Should Attend
This programme is uniquely designed and will be of particular benefit to
Project Director/ Manager | Project Engineer | Cost Estimator | Cost Engineer | Project Cost Engineer | Discipline Leads | Finance Project Manager/ Executive | Other personnel with a responsibility of project cost estimation & cost control.
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Sponsors Opportunities
To discuss more on the various sponsorship packages available, please contact +65 6825 9579 or email us at sponsor@unistrategic.com.
Delegates Opportunities
To find out more about the program, please contact +65 6825 9579 or email us at registration@unistrategic.com
Be our Speaker
To further explore in this area, please email to: speakers@unistrategic.com. Our relevant personnel will get in touch with you shortly.
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Venue & Accomodation
Ritz Carlton Hotel, Dubai
P.O Box 26525, Dubai
United Arab Emirates
Contact: Sylvia Schmetz (Meeting & Special Events Manager)
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