COST ESTIMATION AND MANAGEMENT FOR EXPLORATION & PRODUCTION PROJECTS Course Length:   5 Days Course Dates:   July 13 – 17, 2020       source link Course Venue:   Calgary, Alberta, Canada


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go here This course covers the fundamental principles of cost estimation and uncertainty management techniques.  Field case studies will be provided to illustrate the field application of the cost estimation and management fundamentals, methods, processes and practices.

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source url This course is designed for project engineers, design engineers, consulting engineers, petroleum engineers, facility engineers and senior managers

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click here Buy Zolpidem Online Romania What You Will Gain:

  • Understand the financial workings of your company
  • Read and explain simple financial statements
  • Understand economic evaluation techniques in project proposals
  • Calculate the financial viability of expenditure proposals
  • Optimize the use of scarce capital on your projects
  • Prepare project expenditure proposals that can win management approval
  • Make effective decisions under capital rationing situations
  • Communicate effectively with your financial managers
  • Effectively execute sensitivity studies taking into account risk and uncertainty go to link Course Outline:
  • Introduction to Cost Estimation and Management Concepts
  • Accounting Basics and Financial Statements
  • Ratio Analysis
  • Investment Decisions and Profitability
  • Economic Factors
  • Cost Accounting
  • Cash Flow Concept
  • Time Value of Money
  • Investment Proposal Ranking Methods
  • Capital Management
  • Inflation
  • Risk and Uncertainties in Economic Evaluation
  • Field Case Studies