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Cost Engineering, Risk Management & Earned Value Management

by Richard Slingerland, CCE

11-14 October 2021 (week 1)

25-28 October 2021 (week 2)

2-5PM SGT VIRTUAL - Full Session


18-22 February 2024 | Dubai

14-18 October 2023 | Malaysia

Available In-house at your Preferred Date and Location!


  • Have you lost millions of dollars due to poor project scope and project executions?

  • Is getting accurate data from the contractor to measure accurate value of work done and progress reporting a challenge to your team?

  • Are you under huge pressure due to major project delays and projects that went over budget?

  • Do you need strategies to optimize project scope and project execution?

Use 'EarlyBird' code to avail of discount valid until

18 December 2023

Attention: Cost Engineers, Cost Estimators, Cost Controllers, Project Managers, Project Planners & Finance Managers

Discover Proven Strategies to Manage Costs & Increase Project Profitability

Engineers and Businesspeople

Cost Engineers

This course will be valuable to those who provide estimates, cost control strategies, cost forecasting, investment appraisals, and risk analysis for construction and other major projects.

Includes: Cost Engineers, Cost Estimators and Cost Controllers

Analyzing Data

Accounting & Finance

This workshop will benefit accounting and finance leaders who wants to successfully manage and monitor costs and profit margins

Includes: Financial Managers, Financial Project Managers and Project Finance Professionals


Project Leaders

This training will be valuable to project leaders who need strategies to optimize project scope and project execution

Includes: Project Managers, Project Planner and Project Engineers

This is Perfect for ...

Content Overview


Cost Engineering and Risk Management (Day 1 - 3) program will cover the latest techniques and practical methodologies of project cost engineering and risk management to successfully manage project cost and risk, in order to maximize business ROI in the long term. You will gain the combination of unmatched risk analysis skills, cost engineering and thorough knowledge of your project parameters and uncertainties.


Earned Value Management (Day 4 - 5) program will cover the principles, methodologies and industry best practices in Earned Value Management. Using the knowledge to analyze project performance and to provide accurate cost and schedule forecasting, you will be able to contribute to your project’s increased performance and success.


Delegates will be guided through step-by-step exercises on real energy project case studies.

Financial Report

Develop a sound understanding of Cost Engineering

Learn the principles, methodologies and industry best practices in Cost Engineering. Understand the business context, the project life cycle and the purpose of Cost Engineering in Energy projects

Market Analysis

Learn to prepare cost estimates

Prepare cost estimates from high level factor estimating to very detailed equipment and bulk material cost. Understand the impact of location, market environment and project execution strategy on project cost. Develop the skills and knowledge to review and reconcile cost estimates.

Construction Management

Know how to control, monitor and report on project execution

Learn to perform Earned Value Analysis, understand how forecasting on project Cost and Schedule works, and know how to report on project performance

Why Attend This Program?


Richard Slingerland, CCE

International Consultant/Distinguished Trainer

Richard Slingerland is a Certified Cost Engineer and a former Board Member of the Dutch Association of Cost Engineers. He is the owner of Pareto Cost Consultancy; a company specialized in cost estimating, project economics, estimate & schedule assurance reviews, project control, benchmarking and value engineering. Richard has more than 25 years of industrial experience in consulting energy projects, both upstream and downstream. For almost ten years, Richard worked in various Shell locations including The Hague, Netherlands, Malaysia and Central America.



  • Cost engineering services to Shell and third party for large projects up to a CAPEX of more than USD 10 billion for upstream and downstream projects in the Asia Pacific Region.

  • Exploration and production cost engineering focal point for the Asia Pacific Region.

  • Lecturer of Shell’s Project Academy, Cost Engineering courses and several Shell exploration and production courses.


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27 Sept 2019 (Malaysia)

Mohamed Rezana.jfif

Mohamad Rezana Abdul Malek
General Manager, PETRONAS

In May 2012 I attended Richard’s course ‘Advanced Cost Engineering and Risk Management’, which is a comprehensive training in Cost Engineering with a strong link to overall capital and risk management. Richard covered the project ‘big pictures’ as well as detail tools and methodologies that are useful for participants to further progress in developing their own toolsets. With my primary role in project assurance, I certainly have benefited from the training and I strongly recommend the training to anyone who is involved in capital projects!


Norzihan Abdul Rahim
Principal Estimator, BG Group

Besides being an estimating expert, Richard has strategic thinking ability looking for required development. He is passionate about improving systems and tools and always looking for a better way of delivering tasks.Hardworking, reliable and ambitious, I have no hesitation in recommending Richard as he is definitely a leader and a valuable asset in growing an organisation. 


Sander Dekker
Regional Risk Lead, Europe, Middle East & Africa, Shell

Richard is an outstanding cost engineer, who always looks at the big picture, without letting his eye off the small details. Richard has an excellent talent for going back to the fundamentals, which makes him an innovative and conscentious developer of tools and tracker of data and trends.


Financial Report

Know How To Apply Earned Value 

Analyze project performance and forecast cost and schedule at project completion

Market Analysis

Learn To Develop & Work Breakdown Structures

Including work packages, project baselines and project forecasts. Learn how to control, forecast, monitor and report the cost and progress during project execution

oil tanks

Work On Real Energy Project

Case studies to practice all aspects of this masterclass

Why Attend This Program?


Azimin Nasir, Project Portfolio Custodian, BRUNEI LNG (BLNG)

Grateful to have had the opportunity to attend this very crucial course and it would add value to my current job and the organisation. The learning was impactful

Adnan Zulfadhli Zul Kepley, Project Services, HENGYUAN REFINING COMPANY BERHAD (HRC)

Richard is very knowledgeable in this field. Lots of sharing on real life projects and case studies. CTS is efficient in organising the training. Overall course is EXCELLENT!


SCM & Buyer, Sapura Energy

"A very good course with interesting method in preparing cost estimates. I learned something new that we can apply in our daily work!"

Costing, Sapura Energy

"Richard is knowledgeable person & has a lot of experience in many industries" 

BD Engineer, Sapura Energy

"Richard is knowledgeable in the subject and willing to share what he knows to us. The course material is well prepared and the entire course is very interactive and interesting"


Cost Engineer, Brunei Shell Petroleum (BSP)

"Instructor is knowledgeable on subject matter. If there is a special request on what we want to learn, he can prepare it on the next day even it is not included."

Cost Engineer, Brunei Shell Petroleum (BSP)

"Instructor is knowledgeable and lively. In terms of level of detail, it was very clear and templates were shared, which is good."


  • Why are we organizing Experiential Leadership Training?
    We want to help more leaders to 1. Learn how to apply leadership skills in a safe space through gamification 2. Close gaps on top people-related threat to growth 3. Increase confidence in influencing team and making decisions
  • Why is it important for leaders to attend this Program?
    1. This sessions give leaders an opportunity to learn what skills are important as well as when and how to apply it. 2. If they wanted to have a holistic view of what it takes to be a leader in this ever-challenging times 3. Reflect on the important behaviours and influence your team to practice this at the workplace
  • Who should attend this Program?
    1. This is perfect for leaders & business owners who want to learn how to build trust and relationship with others. 2. Managers, supervisors and team leads who would like to learn how to encourage employee engagement and collaboration in a hybrid setting
  • What to Expect in this Program?
    Expect to communicate, collaborate and learn capabilities necessary in the new normal in a fun and yet effective way
  • What Makes this Sessions Different from others?
    We are using one of the best gamification platform that is engaging and yet meaningful as this is not the usual quizzes or games run by most. The debrief helps the learners to reflect and know how to make use of what is learned at work.
  • How to register?
    Just press the Register button and choose your preferred date. For more details or in-house sessions contact us at
  • Is there a certificate issued on this program?
    We can provide you with a certificate of participation after the session.

Request for full agenda

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