HTME

COURSE OVERVIEW

PM0020 : Project Budgeting & Cost Management
Project Budgeting & Cost Management
OVERVIEW
COURSE TITLE:PM0020 : Project Budgeting & Cost Management
COURSE DATE:Sep 15 - Sep 19 2024
DURATION:5 Days
INSTRUCTOR:Dr. Vida Botes
VENUE:Al Khobar, KSA
COURSE FEE:$ 7000
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OTHER SCHEDULED DATES

Course Description

This course is designed to provide participants with a detailed and up-to-date overview of project planning, budgeting and cost control. It covers the various tools and techniques of project planning, scheduling and control cycle; the scope management as one of the key factors in planning the project success; the purpose of the work breakdown structure (WBS) and importance in engineering planning and scheduling; and the techniques and practical applications of the critical path method (CPM) to effectively plan and control a project.
During this interactive course, participants will learn the schedule bar charts; the procurement schedule in engineering planning and scheduling; the techniques in resource planning, its scope and practical application; and the various techniques used to control the cost of the project and complete the project within the budget.
The course is carefully developed to reflect the best practices in the petroleum industry that also match the training requirements of distinguished professional organizations such as the Project Management Institute (PMI) and FIDIC. The Professional Development Units/Hours (PDUs) or Continuing Education Units (CEUs) awarded to our participants are recognized by the Project Management Institute (PMI) and by the International Association for Continuing Education & Training (IACET-USA).

link to course overview PDF

TRAINING METHODOLOGY

This interactive training course includes the following training methodologies:

Lectures
Workshops & Work Presentations
Case Studies & Practical Exercises
Videos, Software & Simulators

In an unlikely event, the course instructor may modify the above training methodology for technical reasons.

VIRTUAL TRAINING (IF APPLICABLE)

If this course is delivered online as a Virtual Training, the following limitations will be applicable:

Certificates:Only soft copy certificates will be issued
Training Materials:Only soft copy materials will be issued
Training Methodology:80% theory, 20% practical
Training Program:4 hours per day, from 09:30 to 13:30

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