• Group Discounts
• Cancellation Policy

Seminar Description

Project cost control is a forward looking function. You cannot do anything about the money that has been spent or the schedule that has passed. You have to be proactive in controlling what is left of your budget. 

You have to manage project costs throughout all phases of your project. To get a handle on project costs, you have to understand what activities make up your budget and control those activities. That’s where this workshop can help you. We will address the various project activities, how they affect your budget, and how to control them. These are the activities you need to address to ensure your project has adequate funding. If you have adequate funding, your projects are easier to manage.

Using, case studies, exercises and discussion, this workshop will address the basics of project cost control including project life cycle, project development, planning, scoping, estimating, risk analysis, procurement, earned value analysis, managing changes, and reporting. Project cost control is a lot of work and is a team effort if success is to be achieved. In theory project cost control sounds easy, but it is a lot more difficult to put into practice.

Note: Participants are required to bring a calculator to the session.

Objectives:

To provide participants with the practical, fundamental knowledge of project planning and cost control that can be put into practice immediately to increase chances of project success.

Topics discussed will include:

1. Scope/Schedule/Budget/Resource Relationship
2. Project Life Cycle
3. Project Cost Control
4. Budgets
5. Project scope development
6. Project Planning & Work Breakdown Structure
7. Project Stakeholders
8. Estimating Methods and Estimate Matrix
9. Risk Analysis
10. Procurement
11. Bidding Procedures, Bid Evaluations
12. Earned Value Analysis for Project Tracking
13. Managing Changes and Reporting
14. Contract Types

After participating in this course, you will be able to:

• maintain project cost control through an understanding of the project life cycle and the critical project relationship of scope, schedule, budget, and resource.
• build a work breakdown structure for project planning purposes.
• quickly develop your project scope for more complete estimates and better cost control.
• use the estimate matrix to determine what cost control information is needed for each phase of the project.
• evaluate your project risk issues and how risk affects your project costs.
• develop more accurate and complete project authorization documentation, saving you time, effort and better progress monitoring.
• analyze your project status using earned value analysis, which is the preferred method of project progress monitoring.
• apply the concepts learned to manage changes to the project scope, schedule, and budget
• provide project leadership by accessing project control problems and using your newly acquired knowledge, determine the best course of action for the project.
• control your project by understanding and acquiring the information needed for performance monitoring. 
• advance your career by having the tools to better manage your projects
• stand out from your peers by having successful projects.

Who Should Attend:

This course is designed for those involved in managing the design and / or construction of projects, i.e. engineers, technologists and technicians, tradesmen, maintenance personnel, and other personnel from industrial users, utilities, municipalities, educational institutions, commercial facilities, consulting engineering firms and manufacturers. Topics covered in this course are also of great value to managers and other non-technical project personnel.

The Plant Project Engineering Guidebook (CASTI, 2002) is for plant project engineers who want an insight into the main facets of project engineering in North America. Engineers are guided through work procedures and methods for plant projects in the oil and gas, pulp and paper, board and recycling industries and that can be applied to other industries.

The Plant Project Engineering Guidebook contains 168 practical guidelines, 18 case histories and 30 sample forms to describe the project authorization process including budgets and estimating, information on how to control the office and drawing functions, a description of the bidding and procurement process, the basics of construction management, contracts, commissioning procedures, startup and training.

This is the stuff you wish they would have taught at university, but didn't.

Instructor

Morley Selver, P.Eng IPMA B - MHS Engineering Services Inc.

Morley Selver earned his Bachelor of Science degree in Civil Engineering in 1973 and has over 35 years of ‘real world’ project management experience. He has worked in industry, with and for consultants, and his own consulting business. His project experience includes operations and maintenance, research and development, project management of small to medium size projects, construction management of large industrial projects, mechanical installation of heavy industrial equipment, commissioning and startup of industrial plants, and plant management.

He has worked in Canada and the USA in operating pulp and paper mills, oil & gas projects, terminals & pipelines, on North Slope oil projects, board plants, and in the recycling industry. He is currently working as a project manager in oil & gas consulting business. He is the author of “Plant Project Engineering Guidebook”, teaches project management in Canada for private training companies, and is an international speaker on project management. He is a Certified Senior Project Manager (Level B) with the International Project Management Association, is the Director of Certification and a ‘First Assessor’ for the Project Management Association of Canada (PMAC-AGPC).

Cancellation Policy

Registered attendees unable to attend the event may designate a substitute, provided APEGBC receives written notification at least one business day prior to the event. Registration information for the substitute attendee should accompany the notice. If notice of cancellation of registration is received:

•  5 business days or more prior to the event, a refund will be processed
•  Less than 5 business days prior to the event, no refunds apply

Substitute registrants are permitted up to the day of the seminar and member/non-member fees will be applied. The organizers reserve the right to cancel the event if less than the minimum required participants have registered. Liability limited to registration fee.

APEGBC is an AIBC/CES registered provider offering an AIBC-Accredited activity for 14 Core Learning Units.

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