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Process-by-Process
Training & Leveraging Ai
Practical Job Skills Development
Incorporating in Each 2 Week Process Approach Training
Domain Work Process-by-Process Knowhow | Process-by-Process Ai Leveraging Opportunities | Reviewing & Validating AI Outputs | Interrogating AI Systems | Leveraging the Best of Digital Transformation | Each program participant will get 1 year free individual license access to a Program Domain Specific AI System to Answer his job related queries
EST200-2
2 Week Process-by-Process Competency Development
Estimating, Budgeting, Cost Control & Value Engineering Processes Leveraging Ai
Building Process-by-Process Skills & Competencies in
IDelivering accurate and realistic cost estimates to meet operational and strategic objectives.
Establishing robust cost control systems and early warning mechanisms to manage overruns.
- Implementing standardized, quality-assured methods and procedures in estimating and cost control.
- Building and maintaining a knowledge base for improved productivity and organizational efficiency.
- Leveraging value engineering to optimize costs without compromising quality.
- Utilizing data analytics and AI tools for real-time cost monitoring and decision-making.
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2 Week Job Process Good & Best Practices Training
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What is Covered in this Job Process Workshop?
Train participants in multi-discipline methodologies for estimating, budgeting, cost control, and value engineering.
Equip participants to establish effective cost control systems, including early warning systems for cost overruns.
Provide tools for implementing good and benchmarked best practices in cost engineering.
Develop participant skills for building and managing an organizational knowledge base for estimating and cost control.
Introduce data analytics and AI tools for proactive cost management and decision support.
Build professional competencies for training, coaching, and mentoring teams in cost engineering practices.
Train participants in multi-discipline methodologies for estimating, budgeting, cost control, and value engineering.
Equip participants to establish effective cost control systems, including early warning systems for cost overruns.
Provide tools for implementing good and benchmarked best practices in cost engineering.
Develop participant skills for building and managing an organizational knowledge base for estimating and cost control.
Introduce data analytics and AI tools for proactive cost management and decision support.
Build professional competencies for training, coaching, and mentoring teams in cost engineering practices.
Who Should Attend?
This Estimating & Cost Control Work Process Skills program is intended for Professionals Seeking High Level Expertise in Estimating & Cost Control, including, Preparing, Analyzing, Reporting, Auditing or Approving Budgets, Estimates, Value Engineering Proposals, Change Orders/ Variation Orders, Evaluate Claims of Contractors or Additional Budget Requests and Cost Control Functions.
This Program can also be used to train Estimating, Budgeting, Cost Control, Value Engineering and Project Management teams.
This Estimating & Cost Control Work Process Skills program is intended for Professionals Seeking High Level Expertise in Estimating & Cost Control, including, Preparing, Analyzing, Reporting, Auditing or Approving Budgets, Estimates, Value Engineering Proposals, Change Orders/ Variation Orders, Evaluate Claims of Contractors or Additional Budget Requests and Cost Control Functions.
This Program can also be used to train Estimating, Budgeting, Cost Control, Value Engineering and Project Management teams.
Program Content & Modules
Estimating, Budgeting, Cost Control & Value Engineering Processes Leveraging Ai
Overview of estimating and cost control as critical functions in project management.
Understanding the relationship between project planning, scope, and cost.
Challenges in delivering accurate estimates and maintaining cost control.
Importance of a standardized and quality-assured approach to cost engineering.
Strategy Processes
Aligning estimating and cost control objectives with organizational goals.
Defining KPIs for cost accuracy, budget adherence, and value optimization.
Establishing policies for value engineering integration into estimating practices.
Planning Processes
Estimating Methodologies
Budgeting Processes
Operational Processes
Cost Control Systems
Review and Validation Methods
Value Engineering Integration
Performance Evaluation Processes
Data Analytics Processes
Risk Management Processes
Quality Assurance Processes
Contingency Management Processes
Improvement and Lessons Learned Processes
Building Process Knowledge and Updating SOPs
Reporting Processes
AI Leveraging Processes
Generating AI-driven insights to support decision-making in cost control processes.
Use Cases Estimating & Cost Control Management
Program Recommendations
Post-Program Improvement Action Plan
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