This practical and highly-interactive course includes real-life case studies where participants will be engaged in a series of interactive small groups and class workshops. 
This course is designed to provide participants with a detailed and up-to-date overview of Cost Engineering & Risk Management. It covers the importance of cost engineering in district cooling and the fundamentals of risk management; the project cost estimation, cost control and monitoring, risk identification and assessment; the project management tools, detailed cost estimates and cost components and breakdown; developing a project budget and techniques for budget allocation; the methods for estimating contingency and escalation costs; and the life cycle cost analysis, risk analysis and risk mitigation strategies. 
During this interactive course, participants will learn the risk monitoring and control, risk management frameworks, scenario planning and analysis; integrating cost and risk management; the cost-risk analysis, project scheduling and techniques for managing schedule risks; the earned value management (EVM) and adjusting budgets based on risk analysis; the advanced estimation techniques, advanced risk management tools and predictive analytics in risk management; the techniques for optimizing costs in district cooling; the role of energy efficiency in cost management; incorporating sustainability into risk management and managing sustainability risks and ensuring compliance in cost and risk management practices.