Cost Engineering Academy Lab:
Advanced Strategies for Cost Estimating
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About the Lab
Are you looking to expand your skills in cost estimating and create better, quicker estimates?
Join Elmer Sachteleben, the Head of Cost Engineering Academy, and Vanessa Sutterlüti, Cleopatra expert, on 15 July as they walk you through the best practices and strategies for cost estimating. Our instructors will teach you about how to prepare and evaluate estimates more quickly and accurately, the relation between estimate accuracy and risk, integration and digital strategies, and more. They’ll also cover a short demo on how major businesses perform cost estimation with Cleopatra Enterprise, the advanced project cost management software.
This class is ideal for those already familiar with cost estimating, looking to learn more about it.
15:30 Session 1
- The fundamentals of cost estimation
- Advanced estimating techniques
- Digital strategies for accurate and quicker estimates
16:30: Coffee Break
16:45 Session 2
- The power of integrating estimation with scheduling and cost control
- How to prevent budget overruns through risk and contingency strategies
- Benchmarking and continuous improvement strategies
- Demo: How to perform cost estimation with Cleopatra Enterprise
17:30: Lab ends
About the Instructors
Elmer Sachteleben is an experienced Certified Cost Engineer (CCE) holding an MSC in applied physics. After providing consultancy services to major companies, Elmer now leads Cost Engineering Academy.
He applies his broad experience and enthusiasm to provide traineeships, develop courses and organize workshops in the field of project controls and turnarounds. He is also a teacher at the Dutch Association of Cost Engineers (DACE) and a frequent speaker at industry events.
Elmer has provided consulting services in process assessment, development, and implementation to major multinational companies such as Shell, Unilever, Bayer, Cargill, CB&I, Mott MacDonald, Heineken, Vopak, Enbridge, Yara, and Rijkswaterstaat.
Vanessa Sutterlüti holds a Master’s degree in International Business and Management and a Bachelor’s degree in Tourism Management. After accumulating several years of international experience while studying and working abroad, Vanessa now works as a Sales Executive at Cost Engineering Consultancy serving companies in North America and Europe with the software solution Cleopatra Enterprise.
In this way, Vanessa helps major companies in industries like oil and gas, chemicals, energy, pharmaceutical, mining, and other process industries to improve their project control processes.