Course Title:

Application Tools for Conceptual Cost Estimates, Budgeting, Risks, and Bid Document Preparation; and Project Design Management Models (Modules 3,4)

Course ID:

150724 0101 2400ESH

Course Dates :

15/Jul/2024

 To

26/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

Secure Your Place

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 Modules 3 and 4 of the course on Application Tools for Conceptual Cost Estimates, Budgeting, Risks, and Bid Document Preparation, along with Project Design Management Models. These modules are designed to provide participants with advanced tools and techniques for project management in the construction industry.

Participants will learn how to develop conceptual cost estimates, create project budgets, assess project risks, and prepare comprehensive bid documents. Additionally, participants will gain insights into project design management models to ensure efficient and effective project execution.

Objectives

1. To provide participants with advanced knowledge of conceptual cost estimates, budgeting, and bid document preparation.
2. To equip participants with the skills to assess project risks and develop risk mitigation strategies.
3. To familiarize participants with project design management models and their application in project execution.
4. To enable participants to prepare comprehensive bid documents that adhere to project requirements.
5. To empower participants to effectively manage project design and ensure project success.

Who Should Attend?

• Project managers, construction managers, and site supervisors responsible for project planning and execution.
• Estimators, cost engineers, and financial analysts involved in project cost estimation and budgeting.
• Risk managers, contract administrators, and procurement specialists concerned with project risk management and procurement processes.
• Engineers, architects, and consultants seeking to enhance their knowledge of construction project management and design management models.

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

Secure Your Place

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 Outlines

Week 1

Day 1:
Advanced Cost Estimation Techniques
• Overview of conceptual cost estimates and their importance in project planning
• Advanced cost estimation methods and tools
• Case studies and practical exercises in developing conceptual cost estimates

Day 2:
Project Budgeting and Financial Management
• Techniques for developing project budgets aligned with project requirements
• Financial management principles and best practices in construction projects
• Workshop on creating project financial plans and managing project finances effectively

Day 3:
Risk Assessment and Mitigation Strategies
• Identifying and categorizing project risks
• Quantitative and qualitative risk assessment techniques
• Strategies for developing risk management plans and mitigating project risks

Day 4:
Bid Document Preparation and Procurement Management
• Components of bid documents: scope of work, specifications, terms and conditions
• Procurement methods and strategies in construction projects
• Workshop on preparing comprehensive bid documents and managing the procurement process

Day 5:
Introduction to Project Design Management Models
• Overview of project design management and its importance in project execution
• Different project design management models and their application
• Case studies illustrating the implementation of project design management models

Week 2

Day 6:
Waterfall Model and Traditional Design Management
• Understanding the waterfall model of project design management
• Best practices and challenges in traditional design management
• Workshop on applying the waterfall model to project design management

Day 7:
Agile Project Design Management
• Introduction to agile project management principles
• Agile design management practices and techniques
• Case studies and practical exercises in agile project design management

Day 8:
Integrated Project Delivery (IPD)
• Overview of integrated project delivery (IPD) approach
• Collaborative project design and management in IPD
• Workshop on implementing IPD principles in project design management

Day 9:
Building Information Modeling (BIM)
• Introduction to building information modeling (BIM) technology
• BIM applications in project design management
• Hands-on exercises in using BIM tools for project design and coordination

Day 10:
Review and Application
• Review of key concepts and learnings from Modules 3 and 4
• Integration of tools and techniques learned into project management practices
• Case study analysis and practical application of course principles
• Final assessment and certification

Secure Your Place

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.

Share by: