(Click Category to List Courses)

24 - AAU - Accounting and Financial Auditing


AAU 130 - Cost Engineering in Oil and Gas Sector

Code Start Date Duration Venue Fees
AAU 130 29 September 2019 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 27 October 2019 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 24 November 2019 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 29 December 2019 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 26 January 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 23 February 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 22 March 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 19 April 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 17 May 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 14 June 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 12 July 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 09 August 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 06 September 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 04 October 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 01 November 2020 5 Days Istanbul $ 3450 Registration Form Link
AAU 130 27 December 2020 5 Days Istanbul $ 3450 Registration Form Link
DOWNLOAD PDF

 

Course Description

The course covers the application of cost engineering and cost management principles, proven methodologies and the latest technology in support of the management process.  It sheds light on oil and gas sector in particular. It guides participants in the process of organizing and planning an estimate, apply different estimating techniques and the relationship to the design and life cycle of a project. 

Course Overview

  • Understanding the total cost management  and cost engineering
  • Understanding the Total Cost Management through planning
  • Exploring ways of making exploration projects economically feasible
  • Understanding the principles of risk management 

Who Should Attend?

  • Site engineers, planners and cost control engineers
  • Finance, human resources and project managers
  • Engineers who have an impact on cost during their decision making

Course Details/Schedule

Day 1

  • Planning and organizing an estimate
  • Application process and requirements
  • Cost elements
  • Pricing
  • Materials
  • Equipment, parts, and tools
  • Economic costs

Day 2

  • Activity-Based Cost Management
  • Cost Estimating
  • Project planning
  • Critical path method 
  • Progress Measurement and Earned Value
  • Earned Value for Variable Budgets

Day 3

  • Tracking Cost and Schedule Performance
  • Performance and Productivity Management
  • Value Analysis
  • Regression analysis
  • Contracting for Capital Projects
  • Statistics & Probability
  • Risk Management
  • The International System of Units (SI)

Day 4

  • Various Estimation methods 
  • Quantities estimates 
  • Item-cost estimates
  • Capacity factored 
  • Equipment factored 
  • Analytical 

Day 5

  • Cost estimation at different stages 
  • Exploration
  • Drilling and completions
  • Production facilities
  • Regulatory and political environment