• About Course


     

    • This diploma aims at preparing and supporting the individuals who require to become cost control engineers or currently in charge of cost control roles with the knowledge and techniques required to perform their job in an effective manner saving their company investment.
    • It is the 1st practical diploma in Saudi Arabia, discussing this topic which, give the trainees the chance to practice this profession under the supervision of one of the highly experienced cost control specialists:  who has more than broad ranged practical experience, in the field of cost control, in the time of absence of textbooks,  that practically discuss the topic;  and only concentrate on theoretical principles of cost control without:  giving any directions about how to apply these theories in the practical field.   

  • Course Topics


     

    • The goal of cost control.
    • Importance of cost control to the company (cost control is no longer an option).
    • The financial systems in construction companies and how profits are generatedز
    • Costing VS pricing
    • Elements of project costs
    • Methods of calculating company overheads and profits
    • Important definitions related to cost management
    • Relation with other departments of the company.
    • Philosophy of cost control.
    • Cost control role in managing the project.
    • Cost control role in improving the performance of all the company departments.
    • Characteristics of effective cost control system.
    • Components of cost control system.
      • Cost coding structure.
      • Resources database.
        • Resources lists
        • Productivity database
      • Budgeting system.
        • Resources budget.
        • Cost budgets.
      • Cost tracking system.
        • Manpower
        • Equipment
        • Material
        • Sub-contractors

     

    • Forecast and analysis system.
      • Trend analysis
      • EVM analysis
      • Cost to complete forecasts
    • Recommendations and correction actions
    • Cost reports.

     

    • Real life case study.

     

  • Certificates And Accreditation


    • certified by us.
    • Certificate approved by the General Organization for Technical and Vocational Training.
    •  

  • Targeted Users


    • QSs who want to transfer to cost control career.
    • Cost controllers who want to advance their knowledge.
    • Project managers who want to have better financial outcome for their project.
    • Top management members who want to improve their skills in monitoring project profits.

  • Course Benefits


     

     

    • Have a deep understanding of the main elements of effective cost control system.
    • Gain a practical experience and tricks of the trade relating to the application of different elements of the cost control system.
    • Be able to set up the effective procedures to control costs in his company.
    • Be able to practice all the tasks related to the cost control profession.

  • Course Values


    - Distributed non-intensive course and comfortably and schedules evening and Meret halls.

    - The cost of training we are the least in the Kingdom of Saudi Arabia.

    - Lecturers and professional trainers and experts in their specialization.

    - Accredited by the Saudi Council of Engineers and the General Organization for Technical and Vocational Training session.

    - Continuous contact with the lecturer after the course and during the course.

    - You can re-attend the course free of charge.

    - Present in all parts of the Kingdom.

  • Agenda and Course Duration


    40 hours for five days
     

  • Upcoming Courses


    Riyadh 2019-07-07 Apply Now
    Jeddah 2019-04-02 Apply Now


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