QSCMEIF-Construction Measurement and Estimation for Industrial Facilities
A course by
Description
Introduction
As industrial projects become more complex, precise measurement and estimation are crucial for financial control and project success. This intermediate course builds on fundamental knowledge, covering advanced measurement techniques, cost breakdown structures, and estimation methodologies. Participants will gain practical expertise in detailed quantity takeoff and budgeting.
Date
Day | Time | Price | Country |
|---|---|---|---|
Mon – Wed | 8:00 – 10:00 | $5/hrs | Turkey |
Tue – Thu | 18:00 – 19:00 | $5/hrs | Turkey |
Wed – Fri | 20:00 – 21:00 | $5/hrs | Turkey |
Sat – Sun | 18:00 – 19:00 20:00 – 21:00 | $8/hrs | Turkey |
This Training Course Will Highlight
- Advanced quantity takeoff techniques for industrial facilities
- Detailed cost breakdown structures and estimation methodologies
- Integration of cost control and budgeting processes
- Risk assessment and contingency planning in cost estimation
- Real-world case studies and best practices
Objectives
- Develop expertise in detailed construction measurement and estimation
- Learn to create cost breakdown structures for industrial projects
- Understand risk assessment and its impact on cost estimation
- Utilize software tools for advanced estimation and cost control
- Apply estimation methodologies to real-world industrial projects
Training Methodology
- Advanced instructor-led technical sessions
- Hands-on exercises in detailed quantity takeoff
- Case studies on budgeting and cost forecasting
- Group discussions on cost control challenges
- Software demonstrations and real-time estimation exercises
- Panel discussions with industry experts
Organizational Impact
- More accurate and efficient project cost estimation
- Improved budgeting and financial forecasting for industrial facilities
- Strengthened contract and procurement cost management
- Reduced financial risks through better estimation accuracy
- Enhanced collaboration between project and financial teams
Personal Impact
- Improved skills in advanced quantity takeoff and estimation
- Ability to create accurate cost breakdown structures
- Increased confidence in handling complex cost estimation tasks
- Exposure to real-world cost control challenges and solutions
- Career growth opportunities in construction cost management
Who Should Attend?
- Quantity surveyors with some experience
- Industrial construction managers
- Procurement and cost control professionals
- Engineers handling project cost management
- Financial analysts in industrial construction
- Contract administrators dealing with cost estimation
- Professionals aiming for senior roles in cost management
Course Outline
Day 1
Advanced Measurement Techniques
- Principles of detailed measurement for industrial projects
- Measurement for structural, mechanical, and electrical works
- Interpretation of complex project drawings and BOQs
- Integration of measurement standards (CESMM, NRM)
Day 2
Cost Breakdown and Pricing Methods
- Creating and analyzing cost breakdown structures
- Unit price analysis and cost allocation methods
- Estimating overhead and indirect costs
- Understanding inflation and cost escalation factors
- Developing a detailed cost estimate
Day 3
Risk Assessment in Cost Estimation
- Identifying cost risks in industrial projects
- Contingency planning and risk mitigation strategies
- Impact of project scope changes on cost estimates
- Evaluating historical cost data for risk analysis
- Managing financial risks in cost estimation
Day 4
Cost Control and Budgeting
- Budgeting techniques for industrial projects
- Forecasting cash flow and expenditure tracking
- Cost monitoring and variance analysis
- Software tools for real-time cost control
- Cost tracking for an industrial project
Day 5
Digital Tools and Real-World Applications
- Introduction to AI and automation in cost estimation
- Integration of BIM for quantity takeoff and cost estimation
- Cost estimation reporting and data visualization
- Evaluating cost-saving opportunities in industrial projects
Cancellation policy
no refund is accepted
Certificate
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