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Cost Control

Dirextra Construction Business School

Short course

In Manchester ()

£ 500 VAT exempt

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Description

  • Type

    Short course

  • Duration

    2 Days

"Cost Control is identified today as a tool that allows you to analyze the current performance of the project. Instead of traditional methods closely related to accounting concepts, you will adopt modern methods of Cost Control.
These methods enable constant performance monitoring for each project. "

About this course

Upon completion of the course the participant will be able to understand cost structure, plan the order budget, manage and verify cash flow throughout the life cycle of the project.

"It is aimed at all those who wish to explore the Accounting System Cost Control of a contract and the company personnel"

"People who do not have expertise in Cost Control (Cost Accounting) and would like to expand their knowledge
base."

Cost Control Certificate

Our teachers use real case studies rendering the course extremely practical and operational.

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Subjects

  • Project
  • Cost Control
  • Construction cost control
  • Controllers
  • Engineer cost control
  • Construction cc
  • Controllers construction sitce
  • Planner
  • Planner and cost control
  • Cost analysis

Teachers and trainers (1)

John Fraser

John Fraser

Project Management teacher

• Over 10 years of experience as a fully certified Black Belt - General Electric (GE) • Accredited by the IASSC – an Internationally recognised training body • Trained more than 1000 delegates to GB and BB standard worldwide • Focus on keeping skills updated through running projects in addition to training Selected Clients: Virgin Group Airbus IKEA Kone PwC Harman Arcelor Mittal NHS

Course programme

Introduction to Management Control
Control as operational mechanism
Control process
Control tools
The accounting tools of management control
Cost accounting
The operating cycle
Definition of Revenue
Definition of Cost
Classification of Costs
Direct and indirect costs
Fixed and variable costs
Cost analysis of volumes - the results
Costs of decisions
Margin of safety
Cost management in the design phase
Types of analytical accounting - Direct Costing and Full Costing
Strategic management of costs and cost drivers
Waste
Budget
Process of construction of the Budget
Contribution margin
Analysis of variances.

Additional information

"The teaching is carried out by experts and certified Project Managers with proven experience in the Construction and Oil & Gas Industries."

See related categories

Cost Control

£ 500 VAT exempt

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