Cost Estimation & Budget Control for Complex Projects
12 November 2013 - 14 November 2013
Manila, Phillippines

Cost Estimation & Budget Control for Complex Projects

Providing accurate cost estimating for complex projects under a huge amount of uncertainty, lack of data, and all to be done within a very short time frame is a difficult task. It’s even tougher to manage costs and make sure it falls within budget. This is partially because project costs are guesstimates rather than fixed estimates. However in the current climate, costs need to be lean and meticulously controlled. We understand that this new era of project cost estimation puts a lot of pressure on your business.


Equip Global’s 4 day course on “Cost Estimation & Budget Control for Complex Projects” models all the critical elements of a complex project: how to get the project properly defined; how to try and ensure that requirements and design are complete and correct; how to factor in unknowns and uncertainties – risks, issues, change; what can be estimated when and how to produce estimates; how to manage the performance of the project so that it does come in close to the estimate. By using fit for purpose tools, techniques and approaches you will be able to operate with confidence within a complex project environment managing risks and costs to deliver value for your key stake holders and the business. You will learn how to develop techniques in your business ensuring high levels of confidence integrity and success from all parties.

By attending this training course, you will gain the following

•        Learn best practice cost estimation and budget control models

•        Understanding approaches to estimating the project costs

•        Understanding procurement engagement protocols

•        Knowledge of business partnering and client relationship management

•        Understand the use of market analysis vendor testing

•        Learn vendor pre-qualification techniques

•        Accurately determine the costs of each individual activity in the project

•        Build appropriation gates to close the gaps on actual costs

•        Learn negotiation techniques and bid analysis to balance the six key components: commercial, risk mitigation, innovation, service delivery, technical quality and assurance of supply

•        Reporting implementation against project management milestones

•        Building cost constraint methodology

•        Structuring contract and supplier relationship management

•        Learning how to manage scope creep and risks

•        Manage contractor’s payments

Who Should Attend

This course is designed for companies wanting to reduce and sustain control of project spend whilst delivering value for money. Include following job titles:


Project Controls Manager

Project Controllers

Programme Directors/Managers

Project Office Managers

Project Managers

Contract managers

Project Planners & Schedulers

Project Engineers

Cost Controllers

Cost Managers

Cost Engineers

Project Consultants

Project Specialists

Expense and Finance Managers

Procurement / Buyers

More Details

If you like more information about the training course agenda and the expert trainer details, please email

Please indicate subject title as “Cost Estimation & Budget Control for Complex Projects”

Register Now
Register by 07 March 2014, Friday and receive up to USD 400 off!

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Cost Estimation & Budget Control for Complex Projects
12 May 2014 - 15 May 2014
Accra, Ghana
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