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Construction Cost Estimating and Cost Control

An Intensive 5-day Training Course

Construction Cost Estimating and Cost Control

Mastering the Fundamentals of Effective Cost Estimating
and Management in Construction Projects

UPCOMING SESSIONS

Classroom sessions
DateVenueFee
23-27 Jun 2025Dubai - UAE$5,950RESERVE A SEAT
13-17 Oct 2025Dubai - UAE$5,950RESERVE A SEAT
02-06 Feb 2026London - UK$5,950RESERVE A SEAT

Training Course Overview

In the highly competitive construction industry, precise cost estimation and effective cost control are essential for project success. This Construction Cost Estimating and Cost Control training course is designed to equip you with the knowledge, tools, and techniques needed to accurately estimate construction costs, create detailed cost control plans, and efficiently manage budgets throughout the entire project lifecycle. By mastering both the theoretical and practical components of cost estimating and control, you'll be able to reduce cost overruns, maximize resource utilization, and ensure projects are completed on time and within budget. Whether you're new to construction project management or aiming to enhance your current skills, this course will provide you with the expertise necessary to thrive in this crucial area of construction management.

This training course will feature:

  • In-depth analysis of construction cost estimating techniques
  • Hands-on exercises to develop accurate cost estimates and control budgets
  • Real-world case studies on managing project risks and cost overruns
  • Practical tools and techniques for effective cost tracking and forecasting
  • Interactive discussions on procurement strategies and contract types for cost management

Training Course Objectives

By the end of this training course, delegates will be able to:

  • Master the principles and processes of construction cost estimating and budgeting
  • Develop detailed cost estimates using industry-standard tools and techniques
  • Implement effective cost control measures to track, manage, and minimize cost variations during the project
  • Understand the impact of procurement strategies on cost and the importance of contract types in managing project expenses
  • Enhance skills in risk management and how to account for uncertainties in cost planning

Designed for

This training course is aimed at construction professionals involved in cost estimation, budgeting, and financial management. It will be particularly beneficial for:

  • Cost estimators and quantity surveyors
  • Project managers and engineers
  • Construction professionals looking to expand their expertise in cost control
  • Procurement managers and contractors
  • Anyone interested in improving their skills in construction cost management and control

Learning Methods

This highly interactive training course will be delivered using a blend of instructor-led presentations, real-world case studies, group discussions, and practical exercises. Participants will engage in hands-on activities to apply their learning and solve common challenges in cost estimating and control. The course is designed to cater to all learning styles, with an emphasis on practical tools and techniques that can be used immediately in the workplace. Daily assignments and a final group project will reinforce the learning objectives and ensure the practical application of the material.

The Course Outline

Day One: Introduction to Construction Cost Estimating and Control
  • Importance of Cost Estimating and Control in Construction
  • Key Cost Estimating Terms and Concepts 
  • Construction Project Life Cycle and Cost Phases
  • Types of Cost Estimates 
  • Conceptual cost estimating techniques for early phases 
  • Common Cost Control Challenges in Construction Projects
Day Two: Construction Cost Estimating Techniques
  • Quantity Takeoff Methods and Tools
  • Unit Price Estimating and its Applications
  • Parametric Estimating and Cost Databases
  • Estimating Labor, Materials, and Equipment Costs
  • Applied Tools and Technology for Cost Estimating
Day Three: Cost Control Strategies in Construction
  • Budgeting Techniques and Allocating Resources
  • Monitoring and Tracking Project Costs
  • Variance Analysis and Cost Forecasting
  • Change Orders and Managing Cost Overruns
  • Contingency Planning, Risk Management, and Cost Control 
Day Four: Procurement and Contract Types in Cost Control
  • Types of Construction Contracts and Their Financial Implications
  • Estimating and Managing Costs in Lump-Sum, Cost-Plus, and Design-Build Contracts
  • The Role of Subcontractors in Cost Management
  • Finalizing Project Cost Reports and Documentation  
  • Legal and Ethical Considerations in Construction Cost Control
Day Five: Risk Management and Cost Control Finalization
  • Identifying and Analyzing Financial Risks in Construction Projects
  • Techniques for Mitigating and Transferring Risks
  • Integration of Risk Management and Cost Control Plans
  • Lessons Learned and Post-Project Cost Analysis
  • Course Review

The Certificate

  • Anderson Certificate of Completion will be provided to delegates who attend and complete the course
Course Enquiry

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    There are several convenient ways to register for our training programs:

    • Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
    • Email: Share your details, including your name, organization, email address, and selected course, by sending an email to  [email protected]
    • Phone: Reach out to us directly at +971 4 273 3503, and our team will guide you through the registration process.

    When will I receive confirmation of my registration?

    Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.

    What does the training fee cover?

    The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.

    Where are your training courses held?

    Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.

    Can I request customized corporate training?

    Yes, we offer tailored corporate training solutions to meet your organization’s specific needs. Please contact us at [email protected] or call +971 4 273 3503 for more information.

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