Cost Estimating Foundation

  • 13-16 Dec 2022
  • Webinar
  • 11-14 Sep 2023
  • Netherlands(Hybrid)


Cost Estimating Foundation is a course dedicated to the basics of cost estimation, cost control and planning.

Cost Estimating Foundation covers topics such as:

  • Cost Engineering

    • The basic definitions of and ties between cost estimation, cost control and planning
    • Various contract forms
    • The position of estimating in each phase of the project lifecycle
    • Definitions within estimating
    • Value engineering

    Detail Estimating

    • Estimating methods
    • Different approaches to estimating
    • Principles of the quantitative method
    • Buildup of unit rates
    • Direct versus indirect
    • Cases in preparing estimates by using various techniques for different disciplines

    Factor Estimating

    • Different factor estimating methods
    • Advantages and disadvantages of these methods
    • Quantitative estimating method
    • Estimating of equipment

    Estimating of engineering

    • Engineering activities
    • Engineering effort in engineering phases
    • Methods of estimating engineering
    • Detailed approach per discipline

Cost Estimating Foundation brings together:

  • Project managers/directors
  • Everyone who is part of any team that executes industrial projects
  • Project engineers
  • Finance project executives/managers
  • Project cost engineers
  • Cost estimators
  • Members of the purchase department
  • Discipline leads
  • Work preparators
  • Members of a tendering team
  • All who are involved in technical projects, cost estimation, cost control and planning, and contract review in their organizations.

Cost Estimating Foundation will be held on 13-16 December 2022.


13-16 Dec 2022
  • Webinar
11-14 Sep 2023
  • Netherlands

More Details

2250 Euro (Estimated)
IMF Academy - International Management Forum

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Please, check the official event website for possible changes, before making any traveling arrangements

Event Categories

Business: Finance, Management, Risk Management

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