An Intensive 10-day Training Course
Project Scheduling,
Cost Planning &
Value Engineering Skills
Creativity and Excellence in Planning, Functionality and Costing
UPCOMING SESSIONS
| Date | Venue | Fee | |
|---|---|---|---|
| 17-28 Nov 2025 | London - UK | $11,900 | RESERVE A SEAT |
| 08-19 Dec 2025 | Dubai - UAE | $11,900 | RESERVE A SEAT |
| 02-13 Feb 2026 | London - UK | $11,900 | RESERVE A SEAT |
| 04-15 May 2026 | Dubai - UAE | $11,900 | RESERVE A SEAT |
| 29 Jun-10 Jul 2026 | Amsterdam - The Netherlands | $11,900 | RESERVE A SEAT |
| 16-27 Nov 2026 | London - UK | $11,900 | RESERVE A SEAT |
Training Course Overview
This course is structured into two modules. The first week of training will focus on delivering reliable cost and schedule estimates during the early concept and planning phases of a project.
The second week of training will delve into the Value Engineering (VE) concept, a structured, creative approach aimed at maximizing project value, reducing life-cycle costs, addressing financial concerns, and eliminating unnecessary expenses.
The Project Scheduling, Cost Planning & Value Engineering Skills training course uses a systematic, step-by-step methodology to guide you through all stages of a project, including initiation, planning, execution, monitoring, and closure.
You will learn about key aspects such as roles and responsibilities, planning techniques, forming and managing multi-disciplinary teams to develop solutions and recommend alternatives, capturing stakeholder requirements and expectations, developing conceptual cost estimates and models, conducting life-cycle costing analyses, and creating a high-level project plan for effective execution and control. The course also includes detailed practical applications and case study presentations to help you master the course content.
This training course will feature:
- Gaining knowledge of techniques used in project estimating, from the conceptual stage to the final detailed estimate
- Understanding the different types of estimates used to confidently and progressively estimate project costs and schedule
- Identifying risk sources and minimize their impact with and without contingency
- Developing effective team management, performance monitoring and control systems
- An integrated approach to scope, time, resources and cost management into a dynamic and manageable model
Training Course Objectives
By the end of this Anderson training course, participants will be able to:
- Manage and mitigate schedule, cost, scope, and resource risks associated with the project
- Develop a project recovery plan for budget and schedule overruns
- Identify value mismatches through the ratio of whole life costing
- Capture & incorporate stakeholders’ input in the development of the project charter & plan
- Know the fundamental concepts of Value Engineering and Analysis
Designed for
This Anderson training course is suitable to a wide range of professionals but will greatly benefit:
- Those who have a role in various projects such as cost estimators, project schedulers, project designers, project planner, contracts professionals, project procurement and purchasing staff, and project control and business services professionals who have the responsibility for preparing cost / schedule estimates and project proposals in client and contracting companies
- Those who are interested in knowing more about estimation and control in a project environment
- Anyone involved in project initiation, engineering design, and critical assessment of projects
- All those responsible for making significant decisions concerning plans and budgets for large and complex projects
- Project or Program Sponsors, Project Managers, Cost Estimators, Cost Controllers, Engineers, Designers and Project Staff
- All those aspiring to deliver better value in all sectors of the economy from major projects in construction, manufacturing, petro-chemical, healthcare, education legal and public services
Learning Methods
This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.
The training course is highly interactive and presents knowledge through formal and interactive learning methods. The training course includes individual exercises, team projects, applicable case studies and group discussions. The material has been designed to enable delegates to apply all of the material with immediate effect at the office.
In addition, the training course will take delegates through the systematic step-by-step VE methodology through interactive speaker input, case studies and practice exercises. The exercises will provide participants with hands on experience of applying the techniques to a simple project and will facilitate group discussion.
The Course Outline
- Basic Project Management definitions
- Triple Constraints – Time, Cost, Scope
- Project Selection Methods
- Defining the Project Scope
- Cost & Schedule Estimation, Cost Budgeting & Control
- Project Schedule Planning and Critical Path Method
- Project management inputs to cost budgeting
- Resource Requirements
- Direct & Indirect Project Costs
- Planning and Scheduling Limited Resources
- Options for Accelerating the Schedule
- Crashing the Schedule - How?
- Risk Identification, Analysis & Management
- Contingency Reserve
- PERT, Probability and Standard Deviation Formulae
- Network Activity Risk Profiles
- Application: Estimating Project Duration
- Project Risk Strategies
- Balanced Project Schedule without Buffers (Finish-Start) and Inserting Buffers
- Comparison of Unbalanced with Balanced Schedules
- Measuring Planned Progress on Schedule
- Risk distribution in contracting
- Actual Progress and Work Conditions
- Managing Variable Conditions
- What is Value?
- What is Value Engineering? Why is it important?
- Defining Value Engineering concepts and principles
- How and when is Value Engineering applied?
- Project stakeholders analysis and management
- Understanding teamwork and cross-functional Project Teams and team player styles
- Overview of Different Value Engineering Phases / Job Plan
- The Information Phase – steps and procedures
- The need for Function Analysis in projects
- Developing FAST Diagrams to identify critical project components and perform project value analysis
- Defining project constraints – relationships and trade offs
- Aspects of Cost Estimating
- Risk Management
- Relationships between Value, Cost and Worth
- Facilitation skills
- Creativity and Creative thinking within the project environment
- Creativity techniques as applied to optimize project value
- Blocks to creativity within the project team
- Reaching consensus and leveraging the power of project team collaboration
- Idea selection
- Evaluation methods and value criteria
- Development phase
- Techniques in problem solving
- Life-cycle costing analysis
- Effective Decision-making in project environment
- Develop action plans and assign project roles and responsibilities
- Reporting VE findings to Senior Management and project stakeholders
- Integrating VE into the project process and Continuous Improvement and application at project initiation
- Case studies
- Assessment and Wrap-up
The Certificate
Anderson Certificate of Completion will be provided to delegates who attend and complete the course.
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How can I register for a training course?
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?
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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