CODE: OG22
DURATION: 5 Days/10 Days
CERTIFICATIONS: CPD
This course provides a comprehensive understanding of project cost estimation and cost control practices within the oil and gas industry. It covers the methodologies, tools, and best practices for developing accurate cost estimates, managing budgets, and ensuring financial discipline throughout the project lifecycle. Participants will explore cost breakdown structures, estimation techniques, risk analysis, and cost monitoring approaches tailored to the complex and capital-intensive nature of oil and gas projects.
This course is available in the following formats:
Virtual
Classroom
Request this course in a different delivery format.
Course Outcomes
Delegates will gain the knowledge and skills to:
Apply industry-standard techniques for accurate cost estimation in oil and gas projects.
Develop and manage cost control frameworks to monitor project performance.
Identify cost drivers, risks, and uncertainties, and integrate mitigation strategies.
Use cost reports and performance metrics to support decision-making.
Align cost management practices with project objectives and organizational goals.
At the end of this course, you’ll understand:
The course is designed for project managers, cost engineers, estimators, planners, financial analysts, and other professionals involved in project development, execution, and control within the oil and gas sector. It is also suitable for engineers and technical staff seeking to enhance their knowledge of project economics, as well as decision-makers who require a solid foundation in cost management for strategic planning and project governance.
✓ Modern facilities
✓ Course materials and certificate
✓ Accredited international trainers
✓ Training materials and workbook
✓ Access to online resources
