Conference Description:

On the first day of this Cost Estimating Foundation course, you will learn about specific approaches to estimating and their related terms. You will also learn what estimates can be used at what stages of your projects. The second and third day focus on detailed and factor estimating - the two main estimating techniques - and how to apply them. The fourth, and final, day focuses on estimating the cost of the actual engineering work. Engineering not only defines the cost of your project by the design that is made, but the engineering process in itself is part of your project cost as well. The focus of this day is on estimating those engineering cost. It will help you keep the cost low for your engineering phases, but as a result you can also prevent budget overruns.