CODE: PE24
DURATION: 5 Days/10 Days
CERTIFICATIONS: CPD
This course provides an understanding of how to strategically manage project costs and financial risks throughout the lifecycle of energy and power infrastructure projects. The curriculum emphasizes best practices in cost governance, contingency planning, and budget optimization, ensuring that participants learn how to design budgeting systems that integrate risk assessment, scenario modeling, and sensitivity analysis to improve financial accuracy and decision-making in complex projects such as power plants, transmission networks, and renewable energy installations. Through practical case studies, delegates can build financially resilient projects capable of adapting to dynamic market and operational conditions.
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:
Identify financial risks and integrate mitigation strategies into project cost plans.
Apply probabilistic and scenario-based modeling for cost estimation and forecasting.
Utilize earned value management (EVM) for performance tracking and financial control.
Conduct variance and sensitivity analyses to identify cost drivers and inefficiencies.
Apply AI and digital analytics to improve budgeting precision and transparency.
Enhance overall project sustainability and profitability through proactive cost governance.
At the end of this course, you’ll understand:
This course is designed for project managers, cost engineers, financial analysts, power sector planners, risk officers, auditors, and procurement specialists engaged in the development and management of power infrastructure projects. It is also ideal for professionals from public utilities, energy ministries, independent power producers (IPPs), EPC firms, and development finance institutions who oversee budgeting, cost control, and financial risk management processes. It is equally valuable for executives and decision-makers involved in project appraisal, funding allocation, and performance evaluation.
✓ Modern facilities
✓ Course materials and certificate
✓ Accredited international trainers
✓ Training materials and workbook
✓ Access to online resources
