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Course Title:

Course ID:

080724 0101 2230ESH

Course Dates :

08/Jul/2024

 To

19/Jul/2024

Course Duration :

10

Course Location:

London

United Kingdom

Course Fees GBP £ :

Primary Price

£9,896.03

VAT may vary depending on the country where the course or workshop is held

Course Fees USD $:

Advisory Price

$12,661.33

VAT may vary depending on the country where the course or workshop is held

Course Category:

Professional and CPD Training Programs

Project Management

Course Certified By:

* Professional Training and CPD Programs
Leading to : Executive Diploma Certificate
Leading to : Executive Mini Masters Certificate
Leading to : Executive Masters Certificate

* ESHub CPD
* LondonUni - Executive Management Training
* Others

United Kingdom

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Information

Introduction

Welcome to the course on Application Tools for Feasibility Studies of Construction Projects and Conceptual Cost Estimates, Budgeting, Risks, and Bid Document Preparation.
This comprehensive program combines Modules 2 and 3 to provide participants with essential tools and techniques for conducting feasibility studies, preparing conceptual cost estimates, managing project risks, and creating bid documents in the construction industry. Through a blend of theory, case studies, and practical exercises, participants will gain the knowledge and skills necessary to ensure the success of construction projects.

Through this comprehensive course, participants will gain practical skills and knowledge in conducting feasibility studies, preparing cost estimates and budgets, managing project risks, and preparing bid documents for construction projects. By the end of the course, participants will be equipped to effectively plan, manage, and execute construction projects, ensuring successful project outcomes and stakeholder satisfaction.

Objectives

* To provide participants with a deep understanding of the application tools required for conducting feasibility studies in construction projects.
* To equip participants with the skills to develop conceptual cost estimates and budgets aligned with project requirements and constraints.
* To familiarize participants with techniques for identifying, assessing, and mitigating risks associated with construction projects.
* To enable participants to prepare comprehensive bid documents that adhere to project specifications and requirements.
* To empower participants to make informed decisions regarding project feasibility, budgeting, risk management, and bidding strategies.

Who Should Attend?

* Project managers, construction managers, and site supervisors involved in project planning and execution.
* Estimators, cost engineers, and financial analysts responsible for preparing cost estimates and budgets.
* Risk managers, contract administrators, and procurement specialists concerned with managing project risks and procurement processes.
* Engineers, architects, and consultants seeking to enhance their knowledge and skills in construction project management and feasibility analysis.

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Week 1

Day 1:
Introduction to Feasibility Studies
* Overview of feasibility studies in construction projects
* Understanding the importance of feasibility studies in project planning
* Methods and tools for conducting feasibility assessments
* Case studies highlighting successful feasibility studies

Day 2:
Further Exploration of Feasibility Studies
* Review of key concepts from Day 1
* Detailed examination of feasibility study methodologies
* Practical exercises in conducting feasibility assessments
* Group discussion on common challenges and best practices

Day 3:
Conceptual Cost Estimates
* Principles of conceptual cost estimation
* Techniques for preparing accurate cost estimates
* Factors influencing construction project costs
* Case studies illustrating different cost estimation methods

Day 4:
Budgeting and Cost Control
* Developing project budgets based on conceptual cost estimates
* Strategies for monitoring and controlling project costs
* Tools and software for budget management
* Workshop on creating a project budget plan

Day 5:
Risk Assessment Basics
* Introduction to project risk management
* Identifying common risks in construction projects
* Overview of quantitative and qualitative risk assessment methods
* Case studies demonstrating effective risk management strategies

Week 2

Day 6:
Advanced Risk Management Techniques
* Deep dive into quantitative risk analysis techniques
* Probability and impact assessment of identified risks
* Risk response planning and implementation
* Workshop on developing a risk management plan for a construction project

Day 7:
Bid Document Fundamentals
* Understanding bid documents and their role in procurement
* Components of bid documents: scope of work, specifications, terms, and conditions
* Importance of clarity and specificity in bid documents
* Case studies on successful bid document preparation

Day 8:
Crafting Effective Bid Proposals
* Writing persuasive bid proposals that meet client requirements
* Strategies for differentiating bid proposals from competitors
* Incorporating cost estimates, schedules, and risk mitigation strategies into bid proposals
* Group exercises in developing and presenting bid proposals

Day 9:
Integration and Practical Application
* Integration of concepts learned in Modules 2 and 3
* Applying feasibility assessment, cost estimation, risk management, and bid document preparation techniques to a real-world case study
* Group presentations and peer feedback on case study solutions

Day 10:
Review and Conclusion
* Review of key concepts and learnings from the course
* Reflection on individual and group achievements
* Q&A session to address any remaining questions
* Course evaluation and feedback collection
* Distribution of certificates of completion

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.