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24 - AAU - Accounting and Financial Auditing


AAU 104 - Cost Engineering

Code Start Date Duration Venue Fees
AAU 104 20 October 2019 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 17 November 2019 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 15 December 2019 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 26 January 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 23 February 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 22 March 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 19 April 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 17 May 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 14 June 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 12 July 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 09 August 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 06 September 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 04 October 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 01 November 2020 5 Days Istanbul $ 2950 Registration Form Link
AAU 104 27 December 2020 5 Days Istanbul $ 2950 Registration Form Link
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Course Description

Today’s ever-changing business environment requires new approaches to cost engineering management, which has become an important tool for dealing with time-to-market, resources limitations, downsizing and global competition. The course covers the application of cost engineering and cost management principles, proven methodologies and the latest technology in support of the management process. Practical sessions will provide hands-on experience.

Course Objectives

  • Understanding the total cost management  and cost engineering
  • Understanding the Total Cost Management through planning
  • Learning the controlling resources, costs, profitability and  risk
  • Learning the managing cost throughout the life cycle of any enterprise, program, facility, project, product or service

Who Should Attend?

  • Site engineers, planners and cost control engineers
  • Finance, human resources and project managers
  • Construction, factories and all levels from chief executive officers

Course Details/Schedule

Day 1

  • Course Introduction
  • Application Process and Requirements
  • The Nature and Type of Questions
  • Cost Elements
  • Pricing
  • Materials

Day 2

  • Labor
  • Engineering
  • Equipment, Parts, and Tools
  • Economic Costs
  • Activity-Based Cost Management
  • Cost Estimating
  • Process Product Manufacturing
  • Discrete Product Manufacturing

Day 3

  • Project planning
  • Understanding Time Management
  • Schedule development
  • Critical path method 
  • Schedule Compression
  • Progress Measurement and Earned Value
  • Earned Value for Variable Budgets

Day 4

  • Tracking Cost and Schedule Performance
  • Performance and Productivity Management
  • Project Management Fundamentals and Planning
  • Project Labor Cost Control
  • Leadership and Management of Project People
  • Quality Management
  • Value Analysis
  • Contracting for Capital Projects

Day 5

  • Strategic Asset Management
  • Basic Engineering Economics
  • Applied Engineering Economics
  • Statistics & Probability
  • Basic Concepts in Descriptive Statistics
  • Risk Management
  • Communication
  • The International System of Units (SI)