International Institute of Project Management (IIPM), Chennai is offering a highly practical 1-Day Workshop on "Essentials of BIS:15883 Project Cost Management" which is scheduled on Sun, 21st June 2015,it covers the guidelines on cost management processes in Construction Projects using "BIS:15883 draft Project Cost Management" from our experts and focuses on providing the knowledge, techniques and practical application of construction project costing tools to support participants in successfully managing project cost, thus ensuring that the project is planned, managed and executed well “On Time and Within Budget”.
Increasingly tougher economic conditions means
increasingly tighter project budgets and a more aggressive focus on
meeting a financially on-target delivery.
Every construction project involves cost management. Every project
has a cost implication to the organisation’s bottom-line profit,
cash flow and overall financial well-being. The successful project
outcome depend on the efficient cost management restricting the cost
overruns besides the other parameters of adherence to time targets,
achieving specified quality standards and safety provisions.
Participants will learn to apply proven methods for preparing
estimates, developing and tracking budgets to ensure that the
forecasted benefits and Return On Investment (ROI) are achieved.
Who Should Attend:
This Workshop is a must for all CEOs, CFOs, CXOs, General Managers,
Asst. Vice Presidents, Project Managers, Program Managers, Project/Product
Delivery Heads, Sales Managers, Project Executives, Construction/Site
Managers, Procurement Managers, Site Engineers, Lecturers,
Professors, ERP Functional Consultants, EPC Contracts, Contracts
Managers, Business Analysts, Placement Officers, Testing Managers,
Planning Engineers, Marketing Managers, Business Analysts, QA/QC
Managers, Business Development Managers, Procurement Managers,
Senior Managers, Safety Engineers.
No Long Leave. No Exam. Practical Hands-on 1-Day Workshop. Enhance your proficiency in Project Cost Management.
The Program Structure
INTRODUCTION
- Overview of Cost Management
- Need for Cost Management
- Organization Structure for Cost Management
SCOPE OF COST MANAGEMENT
- General
- During Predesign
- During Preconstruction
- During Construction
- During Completion and Handover
- Value Engineering Mapping of Cost Management Processes in Project Phases
COST MANAGEMENT PROCESSES
- Cost Management Plan
- Resource Management
- Preconstruction Phase
- Construction Phase
- Cost Estimation
- Approximate Cost Estimation
- Preliminary Cost Estimation
- Detailed Cost Estimation
- Construction Cost Index
- Contingency Reserve
- Cost Planning and Budgeting
- Cost and Schedule Integration
- Cost Base Line
- Cost Monitoring and Control
- General
- Cost Monitoring and Control Techniques
- Direct Cost Control
- Earned Value Management (EVM)
Course Structure
Date : Sun, 21st JUNE 2015
Course Fee : Rs. 2,500/- + S.Tax
Venue : Hotel GLM Meridian,
Chennai
Location Map:
http://www.glmmeridian.com/location.html
Registration Link :
http://iipmchennai.org/TSregister.html
Key Deliverables:
- Excellent Course Material aligned to Essentials of Project Cost Management.
- Industry oriented Practical Tips - Tips that carry lots of practical use.
- IIPMPMPCERT - Yahoo group - Free Subscription to all IIPM
Faculty / Facilitator Profile
1. Mr. O. Arivazhagan “Ari” - CEO, International Institute of Project Management (IIPM)
Mr. O. Arivazhagan “Ari”, is a PMP®, PMI-SP, PMI-RMP, Master Black Belt in Lean Six Sigma
and an
Honors Graduate in Civil/Structural Engineering from University of Madras with more than
30 years of Global Project / Program / General Management experience around the World. He has also done Business Analytics from
IIM, Bangalore. He is a certified Project Management, Schedule Management, Risk Management professional from PMI®
USA. and has almost 14 years of teaching / training experience in Project Management, Business Analytics, Risk Management and Lean Six Sigma and has trained more than
5000 professionals around the world and has guided several project works. He has worked in
INDIA, KSA, UAE, OMAN, USA, FRANCE, YEMEN, NEPAL, THAILAND etc.
Linkedin Profile
http://www.linkedin.com/profile/view?id=24321523
2.Dr. C. Velan - CEO, Tata Realty Info Park Ltd (TRIL)
Dr. C. Velan, is a Graduate in Civil & Structural Engineering with a
Post-Graduation in Administration, as well as Ecology & Environment. Has a PhD Degree in Civil Engineering and for the Research work, he focused on an area which based on the need of the hour subject “Sustainable Design of Green Buildings”. Having over
25 years of professional experience in various manufacturing and service industries including the Real Estate & Infrastructure industry, has handled various functions that include Business Development, Marketing, Project Development Management, Acquisitions, Property & Facility Management and related business disciplines and Training. Has presented and published various papers both in National and International Journals, Conferences.
Faculty Profile:
http://www.iipmchennai.com/faculty.html