Estimation Basics (Oil & Gas Projects)

At the end of this session, attendees would be able to get overview of:

1. Basic knowledge of techniques used in project estimating, from the conceptual stage to the final detailed estimate.
2. Different methods of cost estimation in an EPC project.
3. Difference between lump-sum, cost-plus and unit price and time and materials estimate and contracts.
4. Importance of cost management and cost control in projects.

This personalized discussion is ideal for :

• Entry level professionals who aspire to be Project Cost Estimators / Project Planners and Schedulers / Contracts Professionals