Construction Projects: Pre-Contract Cost Management

£595.00

70 Hours Formal CPD

Learn new strategies and take a fresh approach to pre-contract estimates, by gaining a solid grounding on the principles of pre-contract cost management. Our course will enable you to increase your offering to clients by teaching you the in-demand methodologies.

Learning outcomes

  • Compare available procurement routes such as traditional, design and build, management forms, term and serial contracting and other types
  • Develop and analyse procurement and tender reports
  • Identify who owns a risk in relation to the chosen procurement route
  • Establish the effects of risk on programme and management costs
  • Advise on the appropriate procurement route in relation to the client’s attitude to risk
  • Compare construction projects at the strategic briefing and project briefing stages to achieve value for money.
  • Evaluate value engineering processes, cost reports with reference to cost, time, quality and buildability, including qualifications and exclusions
  • Assess and evaluate market factors and trends in construction cost
  • Analyse the accuracy of predicted cost using benchmarking techniques and interrogate historical cost data
  • Upcoming Dates

    Date Location Use Coins
    2 November 2017 - 10:00am
    Online
    Use 119 Academy Coins
    27 February 2018 - 10:00am
    Online
    Use 119 Academy Coins

    Course information

    Course Overview

    Our Pre-Contract course covers procurement and tendering, negotiation and  risk, supply chain  and value management best practice. Particular focus will be on developing your abilities to deliver strategic procurement advice, identify risks and  implement mitigation management processes, and evaluate factors affecting construction costs in order to achieve value for money. You will also learn how to analyse benchmarking techniques and historical cost data sets in order to evaluate predicted cost accuracy.

    Our course will will provide case studies on large scale projects for you to work through alongside instruction from subject matter experts. Each scenario will simulate a real project experience and will form a major part of the discussions, assessment and analysis.

    By giving you a solid grounding in the principles of cost management pre contract, this course will help you to make strategic decisions, work on higher value projects and act as a client liaison.

    Course Modules

    Module 0: Introduction

    Module 1: Strategic Procurement and Advisory

    Module 2: Risk Management and Planning

    Module 3: Supply Chain and Value Management

    Module 4: Review & Reflect

    For more information on the topics covered within each module, please see the detailed course guide link contained in the Additional Information area

    Who is this course for?

    Quantity Surveyors and estimators with at least 5 years’ experience, who want advance specialist knowledge in pre contract stages of estimating to progress their career advancement.

    Further Guidance

    training@rics.org
    +44 (0) 24 768 685 84

    Additional information

    Next available start date: 2 November 2017 - 10:00am

    Enrollment duration: 90 Days

    Languages: English

    Category: Construction

    Member price: £495.00

    Price: £595.00

    Detailed course guide

    Course Type: Distance Learning