Estimating, Budgeting, Cost Control & Value Engineering

Accurate cost estimation is the foundation for project feasibility, budgeting, and cash flow management. Poor early estimates often lead to cost overruns and reduced project value. This program equips participants with practical methodologies to produce reliable estimates, control budgets, and apply value engineering techniques to optimize project performance.

By the end of this program, participants will be able to:

• Prepare, analyze, and audit project estimates, proposals, and budgets.
• Apply standardized methodologies and checklists for estimating and cost control.
• Understand the impact of contract conditions, planning, and scheduling on project costs.
• Implement value engineering principles to optimize whole-life project value.
• Develop actionable strategies to improve cost accuracy and reduce financial risk.

• Cost Estimators
• Project Planners
• Project Managers
• Quantity Surveyors
• Engineers involved in budgeting, cost control, and value engineering
• Professionals preparing or approving project estimates, claims, or proposals