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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	23 December 2024	5 Days	Istanbul	Registration Form Link
AAU 130	17 February 2025	5 Days	Istanbul	Registration Form Link
AAU 130	14 April 2025	5 Days	Istanbul	Registration Form Link
AAU 130	23 June 2025	5 Days	Istanbul	Registration Form Link
AAU 130	04 August 2025	5 Days	Istanbul	Registration Form Link
AAU 130	29 September 2025	5 Days	Istanbul	Registration Form Link
AAU 130	24 November 2025	5 Days	Istanbul	Registration Form Link
AAU 130	29 December 2025	5 Days	Istanbul	Registration Form Link

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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

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SAHARA Group Training and Consultancy INC (in Turkish: SAHARA Group Eğitim ve Danışmanlık AŞ)

Tax Office: Beyoğlu (Istanbul/Turkiye,Tax No: 7390525151 (Vergi Dairesi: Beyoğlu (İstanbul), Vergi No: 7390525151)

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(Click Category to List Courses)

4 - AAU - Accounting and Financial Auditing

AAU 130 - Cost Engineering in Oil and Gas Sector

Course Description

Course Overview

Who Should Attend?

Course Details/Schedule

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Day 5

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