
Cost Managment (Control,Estimation,Pricing) Basics& Advanced
Cost Managment (Control,Estimation,Pricing) Basics& Advanced
What you'll learn
- Comprehensive Explanation of Full Cost: Definition, Components, and Applications
- Full Practical Explanation of Cost Elements (Labors,materials,Subcon,Petty Cash,....)
- How To Deal With Financial KPIs (ROI,ROE,NPV,....)
- Study multiplier,Margin and profit
- How To deal With Indirect cost ,Managment Reserve & contingency Cost
- How to Prepare Study/Pricing Sheet
- How to Prepare Cost Control Reports
- Earned Value Method (EVM)
- Practical Workshop &Examples
- Pricing Engineer vs Cost Control Engineer vs Project Control Engineer
Requirements
- No Experiance Required
About this course
During Study Of Cost Management Course We Will Understand Next Points :
- Concept Of Cost Management.
- Difference Between Cost Control / Cost Estimation.
- Most Important Definitions Of Cost.
- Types Of Cost.
- Cost Control Engineer Job Description.
- Cost Estimation Engineer Job Description.
- Project study Life Cycle
- Project Life Cycle
- Cost Elements
- Labor Cost Definition
- Labor Definition
- Labor Cost Control
- How To Achieve Full Labors Control
- How To Build Labors Control Report
- Materials Cost Definition
- Materials Definition
- Materials Cost Control
- How To Achieve Full Materials Control
- How To Build Materials Control Report
- Materials Consumption Report
- Coordination Between Departments For Materials Control
- Materials Cost Control TemplateForms
- Equipment Cost Definition
- Assets Definition
- Equipment Cost Control
- How To Achieve Full Equipment Control
- How To Build Equipment Control Report
- Equipment Depression Report
- Depression Types
- Coordination Between Departments For Equipment Control
- Equipment Cost Control Forms
- Subcontractor Cost
- Subcontractor Cost Definition
- Subcon Definition
- Subcontractor Cost Control
- How To Achieve Full Subcon Control
- How To Build Labors Subco Report
- Petty Cash & Expenses
- Small Tools Cost
- Overseas Famous Types Of Cost
- Direct Cost Definition
- Indirect Cost Definition
- How To Distribute Indirect Cost
- Project Indirect Cost Vs Head office Indirect Cost
- Overhead Cost
- General Use Cost
- Cost Accounts Definition
- How To Build Study/Budgeting Report
- Markup Definition
- Profit Definition
- Types Of Profit
- Gross Profit vs Net Profit
- How To Decide Profit %
- Margin Definition
- Pricing Of Activities
- How To Distribute Indirect Cost
- Estimation Of Activities Weight
- Coordination Between Cost Control and study Engineer
- Lesson Learned Definition
- Final Project Report
- Project Budget vs Budget Zero
- Variances Between Actual and Budget
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