20
April 2017

Fundamentals of Capital Project Cost Control

Status: Advanced registration is now closed. Please contact Jaishree Narsih at jnarsih@apeg.bc.ca if you are interested in registering for this seminar.
Date: Thursday, April 20, 2017
Time: 8:30 AM-9:00 AM: Registration and Continental Breakfast
9:00 AM-5:00 PM: Fundamentals of Capital Project Cost Control
Location: Best Western Plus Chateau Granville Hotel & Suites (Granville Room), 1100 Granville Street Vancouver, BC
Presenter: Morley Selver, P.Eng., IPMA B
Credit: 7 Formal Professional Development Hours (PDH)
Cost: Early Bird Price Engineers and Geoscientists BC Member: $419.00 + GST = $439.95 until Apr 6, 2017

Engineers and Geoscientists BC Member and EIT/GIT Regular Price: $499.00 + GST = $523.95

Non-Member Price: $499.00 + GST = $523.95

Student Member Price: $249.50 + GST = $261.98
Please Note: *A minimum number of registrations are needed by April 06, 2017 to proceed with this seminar. Please register early to avoid cancellation.
**All prices are subject to applicable taxes.
Contact: Gurjeet Phungura | Professional Development Coordinator
Direct: 604.412.4886
Toll Free: 1.888.430.8035 ext. 4886
Fax: 604.639.8180
Email: gphungura@egbc.ca
How do you control a project? You just: define the scope, budget and plan the execution of the scope, execute the scope per the plan, control the scope, and manage the budget variance. It's just that easy! If it's that easy, then why do we always have trouble controlling our projects?

Scope is the single most important variable in defining and controlling the cost of a project. This one-day seminar will look at and provide tips on scope development, budgeting and planning the scope, tracking the execution of the scope, controlling the scope, and managing the budget variance. Using exercises and discussion, we will address the fundamentals of project cost control including; scope development, work breakdown structure, risk analysis, estimating, earned value analysis, forecasting, reporting, and change management. Project control is a lot of work and is a team effort if success is to be achieved. As noted above, project cost control sounds easy, but it is a lot more difficult to put into practice.

Learning Obejctives

To provide participants with the practical, fundamental knowledge of project cost control that can be put into practice immediately to increase chances of project success. 

Topics discussed will include:

  • Scope/Schedule/Budget/Resources Relationship;
  • Scope Development;
  • Project Cost Control;
  • Forecasting and Reporting;
  • Change Management;
  • Estimating Methods;
  • Project Risk Analysis; and
  • Earned Value Analysis for Project Tracking.

After participating in this course, you will be able to:

  • Maintain project cost control through an understanding of the critical project relationship of scope, schedule, budget, and resources.
  • Build a list of project risks.
  • Evaluate and prioritize your project risk issues.
  • Develop a factored estimate for an understanding of the process.
  • Analyze your project status using earned value analysis.
  • Provide project leadership by accessing project control problems and using your newly acquired knowledge, determine the best course of action for the project.
  • Advance your career by having the tools to better manage your projects.
  • Stand out from your peers by having successful projects.

Who Should Attend

This course is designed for those involved in managing the design and/or construction of projects (e.g.; engineers, technologists and technicians, tradesmen, maintenance personnel, and other personnel from industrial users, utilities, municipalities, educational institutions, commercial facilities, consulting engineering firms, and manufacturers). Topics covered in this course are also of great value to managers and other non-technical project personnel.

Presenter

Morley Selver, P.Eng., IPMA B

Morley Selver earned his bachelor of science degree in civil engineering in 1973 and has over 35 years of  real world project management experience. He has worked in industry, with and for consultants, and his own consulting business. His project experience includes operations and maintenance, research and development, project management of small to medium-size projects, construction management of large industrial projects, mechanical installation of heavy industrial equipment, commissioning, and startup of industrial plants, and plant management.

He has worked in Canada and the USA in operating pulp and paper mills, oil and gas projects, terminals and pipelines, on North Slope oil projects, board plants, and in the recycling industry. He is currently working as a project manager in the oil and gas consulting business. He is the author of “Plant Project Engineering Guidebook”, teaches project management in Canada for private training companies, and is an international speaker on project management. He is a Certified Senior Project Manager (Level B) with the International Project Management Association and is The Director of Certification and a ‘First Assessor’ for the Project Management Association of Canada (PMAC-AGPC).



View the full listing of events sponsored and organized by other groups.
Contact Professional Development
Email: cpd@egbc.ca
Phone: 604.430.8035
Toll-free: 1.888.430.8035
See the latest engineering and geoscience industry information.

View our career listings or place an employment ad.

Presentations for Post-Secondary Students
Andrea Michaud
Email: amichaud@egbc.ca
Phone: 604.412.4860
 
Presentations for High School Students
Chelsea Smith
Email: csmith@egbc.ca
Phone: 604.412.4892
See the various opportunities to volunteer with Engineers and Geoscientists BC and in your community.