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Cost Management for Construction Projects
Synopsis:
If
a civil engineering project is to be properly managed, then it is essential
that those involved in its management fully understand the procedures for
budget and cost control management together with the preparation of reports.
This course examines these procedures with delegate participation.
Course
Duration:
One
Day 0900 - 1700hrs
Course
Level:
The
course is intended for Quantity Surveyors, Estimators, Planners, Commercial
Managers and Project Managers.
Elements
of the following training objectives are covered
by the course:
CM1
& CM7
CPD
Approval:
Recommended
6 Hours CPD.
Objectives:
• Understand the need for cost
control
•
Have knowledge of the sources of information
• Understand management accounts
•
Have knowledge of contra-charging
•
Understand the procedures for claims and extras
•
Have knowledge of incentive schemes
Outline
Programme:
•
Cost control systems
• Sources of information
•
Cost centres
•
Feed-back and correction
•
Revenue receipts
• Programme monitoring
•
Contra-charging
•
Trend Forecasting
•
Management accounts presentation and content
•
Identification of ‘extras’, claims and disputed items
• Target setting and bonus schemes
Course
Availability and Cost:
Refer to the course calendar
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