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Online training

Construction Projects: Pre Contract Cost Management

Learn new strategies and take a fresh approach to pre-contract estimates, by gaining a solid grounding on the principles

Course Duration:
3 months
Date:
Tue 14 Aug 2018 - Tue 12 Nov 2019
Time:
10:00 AM - 06:00 PM
Venue:
Online
CPD:
70 hours formal CPD
From
£695 + VAT

Other dates

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 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.

Case studies on large scale projects will be provided 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.

 

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.

Learning outcomes

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

  • 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

Modules

This course is made of up of a series of modules delivered across a three month period:

  • 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

Please note

The start date and access for the course is subject to change depending on number of attendees for this course and at the discretion of RICS.

Price Summary

  • RICS professionals £695 + VAT
  • Non-RICS professionals £835 + VAT
  • Visa

  • Mastercard

From
£695 + VAT
Enrol now