Fundamentals of Cost Management – November

November 11, 2020 - November 12, 2020 (2 Day Course)
8:00am - 5:00pm CT
Project Controls Training Center
17629 El Camino Real #105
Houston, Texas 77058

Key Outcomes
Onpoint’s most recent training program, Fundamentals of Cost Management, provides industry best practices and methodologies for estimating costs and managing budgets for turnarounds and capital projects.
Who Should Take This Class:
Onpoint’s Fundamentals of Cost Management training benefits everyone involved in turnaround budgets. This includes Turnaround Managers and personnel in the Cost Control Role.
Course Objectives:

  • Understanding the goals and challenges of TAR cost control and composite rates
  • Estimating types and stages of TAR budgets
  • Comprehending common cost overruns
  • Fully integrating the cost management process and cost forecasting
  • Cost Risk Management Training
  • Review Cost Control Terms
  • Review Cost Control Primer
  • Gain Understanding of the Role
  • Gain Understanding of Cost Control Challenges
  • Gain Understanding of the Estimate Types
  • Gain Understanding of the stages of Estimating
  • Gain Understanding of the three E’s of Forecasting
  • Gain Understanding of Composite Rates
  • Gain Understanding of Cost Forecasting
  • Gain Familiarity with Common Cost Overruns
  • Review Elements to Include in the Budget
  • Gain Familiarity with Cost Management Process
  • Gain Proficiency in Cost Forecasting
Fundamentals of Cost Management

Click on the green “Order Now” button below to reserve your spot today for this training course.

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