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
14-18 November 2022 | 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
14 September 2022
Attention: Cost Engineers, Cost Estimators, Cost Controllers, Project Managers, Project Planners & Finance Managers
Discover Proven Strategies to Reduce Costs & Increase Project Profitability
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
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
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 ...
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.
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
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.
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?
ABOUT OUR EXPERT
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.
LIST OF ACHIEVEMENTS
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.
27 Sept 2019 (Malaysia)
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.
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.
Know How To Apply Earned Value
Analyze project performance and forecast cost and schedule at project completion
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
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."
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