Cost Estimating and Cost Engineering Training

Our expert staff can develop or tailor cost estimating training and cost engineering training programs to meet your needs. CCG can provide cost engineering training programs to help you develop your own cost engineering capabilities or to supplement existing programs.

Our cost estimating training is designed to provide comprehensive coverage of the fundamentals of project cost estimating, while also covering many subtle and advanced estimating concepts. We cover the importance of cost estimating to the entire project process development lifecycle, and discuss how the classification of estimates is based on the maturity of the project and technical deliverables that have been developed in support of the estimate. We address the accuracy of estimates to convey the critical understanding of the estimate as a range of potential cost outcomes, and provide a clear understanding of concepts such as estimate uncertainty, the estimate probability distribution, the estimate confidence level, estimate contingency, reserves, etc. The estimating training covers both conceptual and detailed estimating methodologies used to prepare cost estimates. It also covers estimate review and validation, estimate reporting, and other estimating topics that will allow the attendee to immediately put to use learnings to improve their estimating capabilities.

We offer training on the AACE International Total Cost Management (TCM) Framework. This course covers the following TCM elements: development and evaluation of capital project investment options; investment risk analysis and decision making; the development of project scope and project execution plans that focus on cost estimate and schedule development; cost/schedule control of projects during execution; and closing the process loop through asset and project knowledge management. Our total cost management training is applicable both to organization management and all project team members involved in the development and execution of capital projects; and is intended to allow the attendees to improve project development and execution throughout the business planning and project lifecycle.

Our project cost control training is directed at the effective monitoring and control of projects throughout the project lifecycle following the tenets of total cost management. The course provides a comprehensive understanding of the Plan-Do-Check-Assess cycle of project cost control; and covers the principles of both performance measurement and performance assessment that is critical to effective forecasting and change management. This course is intended for those involved in the management and control of large capital projects.

CCG is an AACE International Approved Education Provider, and offers various study courses for those individuals pursuing AACE International professional certifications. All study courses provide training on the skills and knowledge areas covered by the AACE International certification exam, and the opportunity to practice solving sample exam problems.

CCG can provide training at a client's in-house facilities. This eliminates staff travel expenses, with less internal disruption while important projects are underway. Alternatively, we can provide appropriate training facilities. Either way, CCG training programs are a productive means to develop and improve estimating and project control skills.

Put CCG Estimating Training Programs to work for you!

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A Sample of our Training Courses:

• Estimating A-to-Z for the Process Industries
• Total Cost Management (TCM)
• Capital Project Cost Control Using Total Cost Management
• Project Decision Analysis and Risk Management
• Project Cost Uncertainty: Contingency, Escalation and Reserves
• AACE Certified Cost Professional Study Course

All training courses can be customized to meet your specific needs!

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Conquest Consulting Group is an AACE International Approved Education Provider