Cost Forecast to Complete for Engineers & Project Managers (Online)

Predicting the financial outcome of a construction project is a vital part of project and business management. It also allows for early identification of budget shortfalls along with the opportunity to implement mitigation measures.

0 students enrolled

Created by Matt Hollstein

Last updated February 2, 2023

Intermediate

English

Coming Soon

Overview

Current Status

Price

$295

Get Started

This course is currently closed

HOW THIS COURSE WILL HELP YOU

This course assists engineers and project managers to learn the process of forecasting the remaining project cost at completion. We will step through the process of how and initial cost forecast is developed and kept updated on a month to month basis.

WHAT YOU WILL LEARN

We will cover the following:

o The importance of forecasting for the wider business

o Tender estimate vs. cost forecast

o Cost codes / work break down structure

o Cost forecasting formats

o First principals estimation

o Monthly update of the forecast

o Cost to date

o Contingency

o Common mistakes in forecasts

o Software packages

Delivery Mode

Online, live webinar or face to face
Online version is 100% online, self-paced with text, pictures, graphics, videos and quizzes
12 months online access
A full PDF Course Manual is provided for your records
Weekly Q&A video calls are available on demand
Unlimited email support

RECOGNITION

Certificate of Completion issued by AM Project Partners which will be a valuable record to document your professional development efforts.
This course can count towards your annual professional development efforts as required by certification bodies such as PMI. A PDU Statement is available on request.
This course is not accredited under the VET Framework
Contact us for face to face delivery options

Curriculum

Instructors

About the Instructors

Matt Hollstein

AM Project Partners was founded in 2015 by experienced Project Manager, Matt Hollstein. With a proven 24-years industry experience, Matt has developed a strong network of construction project managers who have the capability and experience to deliver a wide range of construction projects. Matt’s experience extends as a multidisciplinary Project Manager in marine, civil, and industrial areas. Matt is highly experienced in integrating works within operational environments such as defence, airports, railway, ports and facilities. He works with organisations of all sizes including government authorities, family-owned businesses and international companies.