CODE: OG19
DURATION: 5 Days/10 Days
CERTIFICATIONS: CPD
This course provides participants with essential skills and techniques to accurately estimate project costs and effectively manage budgets throughout the project lifecycle. It covers cost planning, forecasting, budgeting, and control strategies aligned with industry standards. Participants will learn to analyze cost drivers, apply estimation methods, track financial performance, and implement corrective actions to keep projects within scope and budget. This course is designed to enhance financial discipline and ensure project cost efficiency in various industries.
This course is available in the following formats:
Blended Live
Classroom
Request this course in a different delivery format.
Course Outcomes
At the end of the programme participants will have a deeper understanding of the following key attributes:
Budget projects
Assess the effects of business activity on the balance sheet
Develop cost management and risk contingencies
Evaluate project resource levels
At the end of this course you’ll understand:
ü Cost estimating at each task level
ü Cost breakdown structure
ü Budgetary control strategies
ü Post-implementation steps
ü Cost evaluation
This course is designed for professionals involved in planning, managing, and controlling project costs within the energy and related sectors. Ideal participants include energy management specialists, planning managers, oil and gas engineers, project managers, analysts, and commercial managers. It is also highly relevant for economists, government officials, geologists, business advisors, asset managers, exploration and production (E&P) managers, and product managers seeking to strengthen their cost estimation and control capabilities to enhance project success and financial performance.
Delivery Format: Classroom
Date: 05/05/2025
Location: London
Delivery Format: Classroom
Date: 11/08/2025
Location: London
✓ Modern facilities
✓ Course materials and certificate
✓ Accredited international trainers
✓ Training materials and workbook
✓ Access to online resources
