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4 - AAU - Accounting and Financial Auditing
AAU 130 - Cost Engineering in Oil and Gas Sector
| Code | Start Date | Duration | Venue | |
|---|---|---|---|---|
| AAU 130 | 22 April 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 130 | 27 May 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 130 | 01 July 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 130 | 05 August 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 130 | 09 September 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 130 | 14 October 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 130 | 18 November 2024 | 5 Days | Istanbul | Registration Form Link |
| AAU 130 | 23 December 2024 | 5 Days | Istanbul | Registration Form Link |
Please contact us for fees
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
