• Information
  • About the course
  • Who should attend
  • Program
  • Price
  • FAQ

Now also available as e-learning!

Learn at your own pace from behind your computer via our e-learning program. Click here to learn more about our online learning experience.

About this course

During the Cost Control & Earned Value Management course you will learn to perform cost control on your projects, according to best practices in industry and our own decades-long experience. After you have gained a basic understanding of specific terminology and methods that are used in the field, we will look at project control processes and how they fit in your project organization. After these basics are covered, you expand your skills using earned value management, change management and risk management. We discuss the best way to execute cost management on your projects and portfolio, in an integrated project team.

What you’ll learn

By the end of the course, you will have learned:

  • The basics of cost control and how to report the project’s status.
  • That cost control is cost management rather than cost reporting.
  • How to use Earned Value Management to solve problems related to cost management & project controls.
  • To setup real-time analytics and indicators to better measure project progress and performance.
  • How to setup proper change- and risk management processes.
Our Clients

The Cost Engineering Academy is trusted by many industry leaders, such as:

“The overall impression of the course is very good. The way they have structured it and the material/tools used by the trainer were relevant, providing new and valuable information on the topics. The team felt that their understanding of the matter has increased and we absolutely recommend the course to our colleagues.”

– Sonsoles Guerra, Quality Assurance and Project Management Culture Officer at Fusion for Energy

“Explanations and elaborations in cost control & earned value management course were very satisfying. Also, the learning environment was very conducive. Cleopatra Enterprise took  very special care of the attendee needs as well.”

– Imran Shamim, Sr. Manager at Byco Petroleum Pakistan Limited

After participating in the Cost Control & Earned Value Management course at Cost Engineering Academy, I’ve been able to make an advanced implementation of Cleopatra Cost Management for one of our projects, about which I’m really satisfied. It was a process of learning, which is now giving perfect results and the whole team is happy to use Cleopatra.”

– Cecilia Ramos, Project Control Manager, Pannonia Ethanol

This course is suitable for everyone who is part of any team that executes industrial projects. If possible, groups will be composed of organizations that are supplementing each other to allow all participants to learn as much as possible. We aim at both professionals looking to improve their organization and carreer, and those looking to get started in project controls.

This course is aimed at:

  • Project manager/director;
  • Finance project executive/manager;
  • Project engineer;
  • Cost estimator;
  • Project cost engineer;
  • Discipline leads;
  • Members of the purchase department;
  • Members of a tendering team;
  • Work preparators;
  • All who are involved in technical projects, cost estimation, cost control and planning and contract review in their organizations.

Requirements

You will have to have a basic understanding of cost engineering and projects. No specific educational requirements are defined.

Program

This course lasts for two days:

Day 1:

  • Introduction to project cost control
  • Cost control as part of project management
  • Estimating the cost baseline
  • Project control process
  • Estimating and managing productivity
  • Monitoring project progress
  • Reporting
  • Extensive case study
  • Project close-out
  • Matching cost control with contract type
  • Owner control vs contractor control

Day 2:

  • Advanced progress measurement
  • Reporting and rolling up progress
  • Earned value management
  • Metrics and forecasting using earned value
  • Improving your project control organization
  • Setting up a change management process
  • Project control as part of risk management
  • Various case studies and quizzes during the day

The first upcoming e-learning recap session takes place on 24 April 2024, from 13:00 – 16:00 h Amsterdam time.

Price

The Cost Control & Earned Value Management course is offered in four different course formats. The prices for the different course formats are:

Classroom Course €1.190,-
Live Virtual Course €1.190,-
E-learning + Virtual Recap €790,-
E-learning €590,-

Learn more about our E-learnings.

The first upcoming e-learning recap session takes place on 24 April 2024, from 13:00 – 16:00 h Amsterdam time.

FAQ

Yes, you will receive a digital certificate of completion which is easy to store and share on platforms like LinkedIn.

We offer the Cost Control & Earned Value Management course in three different formats:

Classroom Course
Classroom course at Cleopatra Enterprise office in Zwijndrecht, The Netherlands or at a location of your choice.

Live Virtual Course
An online live classroom setting in which you will be able to engage with the instructor and the rest of the learners. Learn more about our Live Virtual Courses.

E-learning
A recorded e-learning course which enables you to study at your optimum pace, depending on your personal learning style, and available time. Learn more about our E-learnings.

E-learning + Virtual Recap
E-learning course plus a half-day virtual recap session with one of our instructors after completing the e-learning. In this session, you will be able to ask questions to your instructor and further discuss the topic with him/her.

You can schedule a virtual recap session (4 hours) for this course for one of the following dates:

  • 24 April 2024

You can book your virtual recap session within 1 year after the first sign-in to an e-learning course. To book a recap session, please send an email to academy@costengineering.eu.

The quality of the course and the efficiency of the participation don’t change with the course format. We ensure that we keep all courses at the same, high quality level of Cost Engineering Academy. The prices for the different course formats are:

Classroom Course €1.190,-
Live Virtual Course €1.190,-
E-learning + Virtual Recap €790,-
E-learning €590,-

Payment will need to be completed before attending the course.

Learn more about our E-learnings.