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Govern the economic dimension of the project: esteem, budget and cost control in complex contexts – 10 ore

An operational project cost management course to govern the economic dimension of the project with concrete methods and tools.

🌍 Context and prospects

Project cost management is not a mere reporting problem, but say economic governance of decisions. In complex projects, the quality of the initial estimates, the budget structure and the ability to measure the actual progress of the work determine the possibility of anticipating deviations and intervening effectively.

In EPC or high technical complexity contexts, economic planning must be integrated with temporal and operational planning. Without a coherent link between costs, time, resources and contractual milestones, economic control loses informational value and becomes reactive, rather than predictive.

This course addresses project cost management as structured process, accompanying the participant from the initial estimate to the construction of the budget, up to the control in the executive phase and the management of economic reviews in the presence of variations and operational changes. The goal is to provide a solid method and tools applicable in real projects, both in the public and private sectors, and fully integrated with planning, risk management ed Earned Value Management.

📄Description

The course covers the entire economic management cycle of the project, starting from cost estimation techniques and arriving at budget structuring through Cost Breakdown Structure (CBS), cost control during construction and budget revision in response to operational or contractual changes.

The focus is on consistency between estimates, budget and progress, with particular reference to the construction of the time-phased budget and the use of economic indicators to evaluate performance and final forecasts (ETC, EAC).

The path includes a structured introduction to the methodology Earned Value Management, supported by in-depth technical readings, application examples and professional templates. The contents are designed for structured organizational environments and for professionals who work on highly complex projects, where cost control is an integral part of the project control system.

📚Course content

The course starts from a solid classification of project costs, introducing the main estimate methods (analytical and parametric), the quantity take-off process and pricing logics in bid-based projects and EPC contexts.

Ample space is dedicated to the construction of the budget through the Cost Breakdown Structure (CBS), With particular attention to the allocation of contingency and indirect costs.

The relationship between costs and times is then addressed, with the construction of the time-phased budget, Key element to align economic-financial control to the temporal Baseline.

They complete the path:

• The process of approval and revision of the budget;
• The techniques of monitoring of the costs in progress;
• Economic performance indicators (AC, ETC, EAC, OUR);
• The relationship between costs, Times and productivity, To evaluate the impact of delays on the estimate of the ETC to finish;
• a final lesson dedicated to the introduction to the methodology Earned Value Management (EVM).

Everything is accompanied by concrete examples and professional templates usable in real projects.

📊Why participate

The course offers a structured and complete vision of the economic-financial control control, guiding the participant along all the key stages: from the initial estimate of the costs, to the construction of the budget, up to the control and review during execution.

With a duration of 10 ore, This course represents a central form of Project Management training, offering tools immediately applicable to ensure cost control at each stage. It is designed to integrate with the courses dedicated to planning, ai Rischi e all’Earned Value Management, thus providing the foundations to build a coherent and integrated system of project control.

📌 Deepening: 👉Read the dedicated article on the blog → Analysis and evaluation of delays in projects

👤 Why follow this course with me?

In over thirty years of experience in the management of complex projects, I have designed and implemented economic-financial control systems in structured organizations, directly dealing with the critical issues related to cost estimation, the construction of the budget and the control of the economic performance of the project.

The operational experience quickly led me to a clear conclusion: without robust and consistent progress measurement systems, talking about cost control is little more than a simplification. Only by linking the budget to the work actually performed is it possible to understand, at any time, whether the project is consuming value or destroying it.

This course was born from that concrete experience. It does not propose abstract models, but an operating and rigorous approach, designed for those who have to manage project costs in real contexts, anticipate deviations and consciously manage budget revisions.

It is a progressive path, built on the field, which guides in understanding the logic, of the essential processes and techniques of project cost management, providing tools that can be used immediately and a solid method to strengthen one's professional credibility in the economic control of projects.

📌 Course structure

The structure is designed to ensure progressive learning, operational and easily usable:

• 🎓 Microlerications - thematic videos of about 15 minutes each, focused on key concepts and practical applications;
• ✅ Verification quiz - Multiple response test at the end of each module, with beyond 100 overall questions, To consolidate learning;
• 📖 In -depth readings - Technical materials selected and commented by the teacher, including focus on Quantity take-offs, Revision Budget, Report-time-producetivity relationships.

📘 Course program

📌 Lesson 1 - process and classes of cost estimate
📌 Lesson 2 - analytical estimate methods
📌 Lesson 3 - Classification of project costs
📌 Lesson 4 - Project budget
📌 Lesson 5 -Budget and economic-financial plan
📌 Lesson 6 - Introduction to the Project Control process
📌 Lesson 7 - Techniques and measurement parameters of advancement
📌 Lesson 8 - Cost control techniques and parameters (Passive cycle)
📌 Lesson 9 - Active cycle and revision of the budget
📌 Lesson 10 – Earned Value Management (EVM)

In -depth readings

The course includes technical readings commented by the teacher, think to consolidate the concepts treated:

1. Quantity take-off process - Operational guide to the estimate of quantities.
2. Allocation of contingense - Principles and methods to integrate risk and budget.
3. Budget approval - decision -making rules and authorization flows.
4. Budget review - Causes and updating methods in the course of work.
5. Cost-tempo relationship vs productivity - to evaluate the ETC to end up in the presence of delays.

🎯 Training objectives: What you will learn

At the end of the course you will be able to:

• Plan resources and costs according to the project objectives;
• Structure a coherent and controllable budget, Using the CBS;
• Monitor costs, advancement and deviations during the work;
• Manage Budget reviews, operational changes and contractual changes;
• Apply the main economic indicators (AC, ETC, EAC, OUR);
• Integrate, Costs and advancement with the Enedned Value approach (EVM).

These objectives are designed to provide you with technical skills, operational and strategic strategies that are immediately applicable in your working context and to improve your ability to control and govern of the economic dimension In complex projects.

🎯 Prerequisites

Advanced accounts of accounting or management control are not required, But it is useful to have a basic knowledge of the project management and planning logics. The course is designed both for those who already have an operational experience in project management, both for those who want to acquire targeted technical preparation in the area of ​​economic-financial control control area.

👥 To whom it is addressed

This course is designed for a large and diversified audience of professionals and aspiring professionals operating in the world of projects:

• Project Manager, Project Control Manager, Cost Manager, Planner, Controller e Cost Specialist involved in the economic-financial management of projects;
• Technical and project managers (engineering, construction, plant engineer) who want to better structure budgeting and control processes;
• Team leader engaged in cost control or supervision of economic performance;
• Young professionals In the technical area that want to acquire solid bases of Project Cost Management;
• Companies and organizations, public or private, who intend to train their staff to strengthen planning skills, Budgeting and cost control in projects.

Prezzo: € 416,00 (including Inarcassa supplementary contribution 4%)

Fill out the form below to complete your registration. You will receive all the instructions for payment and access to the course.

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Select the course1. Project Management and Control - Complete Master of 25 ORE2. ENED Value Management for the control of project performance - 4 ORE3. PLANNING, Project screen and control - 10 ORE4. ESTEEM, Budget and cost control (PROJECT COST MANAGEMENT) – 10 ORE5. Management of purpose, Contracts and risks in project management - 5 ORE6. Essential principles of project management and management of stakeholders - 4 ORE

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