Cost Engineering in the Oil and Gas Industry
About This Course
Our world-class expertise in Cost Engineering and the Oil and Gas Sector as well as our engineering expertise are delivered in an online introductory course for the Oil and Gas sector.
Specific experience and cases in the Oil and Gas sector bring in the main elements of the Cost Engineering body of knowledge.
Learning Objectives
Understand the nature of the oil and gas industry, the management of projects and costs and their relationship to the strategy of the business
Be familiar with how to organise and plan an estimate, apply different estimating techniques and the relationship to the design and life cycle of a project
Know how to collect, manage, access, use and develop cost data
Be aware of cost control methods and reporting structures including earned value management techniques
Know the principles of uncertainty and risk and the estimation and management of contingency.
Target Audience
- Engineers who have an impact on cost during their decision making. The course provides insight and awareness into how persons in the organisation can optimally influence profit
- Existing or new cost engineers who want the fundamentals in one assessed course
- Delegates from the global community who are impacted by travel restrictions or convenience.