Overview
What you will study
A successful project starts with a well-founded estimate of the costs. The 4-day Cost Estimating Foundation training at the IMF Academy will teach you the basics of cost estimation. You will learn approaches for different aspects of the estimating profession and you will learn how to apply them in your daily work.
This training emphasizes practical experience as well as theoretical knowledge. A number of small cases will be prepared during the training. This helps you get familiarized with the knowledge you have just gained and apply it to real world situations.
Programme Structure
At the end of the Cost Estimating Foundation training you will have:
- An understanding of the definitions of cost estimation, cost control and planning. You will also be able to read cost engineering reports and put it in the perspective of your project.
- The knowledge to prepare and evaluate estimates quicker and more accurately. This will immediately have its effect on the control you have on the cost of your project.
- The ability to make your own factor estimates and validate factor estimates prepared by others.
- The knowledge to identify major cost risks of engineering. Together with the estimating methods this means you will be able to estimate the engineering involved in your projects.
Key information
Duration
- Full-time
- 4 days
Start dates & application deadlines
- StartingApply anytime.
- StartingApply anytime.
- StartingApply anytime.
- StartingApply anytime.
Language
English
Delivered
On Campus
Campus Location
- Eindhoven, Netherlands
Disciplines
Project Management Business Administration Finance View 13 other Short Courses in Finance in NetherlandsWhat students do after studying
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Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Other requirements
General requirements
- The Cost Estimating Foundation training is suitable for project team members who are looking to establish a robust command of cost estimating concepts and techniques. Experienced cost estimators who need to keep their cost estimation knowledge and skills up-to-date and relevant will also benefit from this training.
- The training is specificly aimed at project managers/directors, finance project executives/managers, project engineers, cost estimators, project cost engineers, discipline leads, members of the purchase department, members of a tendering team, work preparators and all who are involved in technical projects, cost estimation, cost control and planning, and contract review in their organizations.
Tuition Fees
Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.
-
International Applies to you
Applies to youNon-residents2980 EUR / full≈ 2980 EUR / full -
EU/EEA Applies to you
Applies to youEU/EEA Nationals2980 EUR / full≈ 2980 EUR / full
Living costs
Eindhoven
Netherlands
850 - 1350 EUR / month
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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