Project Cost Management Certification


Who should attend?

  • Estimating and controlling the cost and schedule of Oil & Gas downstream projects.
Audience :
  • Engineers (owner, contractor) involved in Oil & Gas downstream projects.

Level : Foundation

Course Content

  • Module 1: PROJECT COST ESTIMATING (see detailed program)

      • Cost structure, cost types, WBS. Methods used to estimate project CAPEX, at each stage.
      • Financial risk management (quantitative approach using @Risk), project budget impact.
  • Module 2: PROJECT COST CONTROL (see detailed program)

      • Value engineering, economic evaluation of the project and of the alternates.
      • Cost control during execution stages. Progress control, relationship between cost and schedule.

Learning Objectives

  • Upon completion of the course, participants will be able to:
  • estimate the cost of a project at its various stages, its accuracy and the risk of a cost overrun,
  • optimize the cost and schedule of a project during basic engineering,
  • control the cost and schedule of a project during its execution.

Ways & Means

  • Refer to Module 1 “Project Cost Estimating” and Module 2 “Project Cost Control” programs.


  • An international recognition of your competencies.
  • A Advanced Certificate is delivered.
  • An expertise confirmed in Project Cost Management .
  • Ready-to-use skills.