Estimating project costs is essential from many perspectives, not least:

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• Developing the project budgets

• Determining funding requirements

• Ensuring costs are within acceptable parameters

• Managing stakeholder expectations

• Establishing the key performance metrics to measure financial efficiency

 

Of equal importance is the need to capture the lessons learnt, after each mission is completed, and create a feedback loop into the cost estimating process to revise and refine the technique.

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This course will be an interactive learning experience using group work, practical exercises and discussions to cover each of the key areas listed below. The content will be customised to reflect the use of these techniques within your organisation. It will also utilise industry best practices and approaches.