A proper, prior planning is key for success of any project!

A famous management quote states, “failing to plan is planning to fail”. There is no doubt that all project managers want to clearly plan their project; they require the certain set of skills to identify the visible and invisible aspects of the project need, involve the right stakeholders, get the right coordination and use the appropriate tools. Of similar importance is the control function during project implementation.

We come up with this course to address the “research-based” needs of project managers for required cost estimation and control skills. This comprehensive training workshop will ensure the effective and efficient use of monitoring skills and will be a value for money.


General Notes:

  • As an open course, this program is offered in specific destinations. However, as an in-house training it can be offered at any part of the globe.
  • This Program can be integrated with any other program in the same category and for a 10 days course, client will get benefit of two days discount paying only for eight days.
  • Accord Worldwide can offer this training in other languages than English, please contact us for your needs.
  • Three-day courses of the same category can be combined to make a five-day course.



This training will help you to learn:

  • Project cost estimation essentials
  • How to relate costs to milestones
  • Invisible costs estimation/ contingency costs estimation
  • What is the key principles of cost controlling
  • Continuous learning and quality improvement


What Participants Receive?

  • A DVD with all the training material and extra-curricular learning material
  • Workshop handouts
  • 12 months FREE advice and support for any relevant questions and queries
  • Free membership to get free learning material

This course is useful for project managers, finance managers; project and finance officers and any person involved in project management.

Training fee includes the course certificate, training materials, lunch and refreshments one social program at the end of the training and tuition fee.

Not included in the fee are: Visa Costs, Airfare cost, Accommodation, Travel Insurance, Dinner and any personal expense of the participant.

Please note that for groups, different destinations and in-house training we offer significant discount and we encourage you to contact us for a quotation.

Trainer Profile

Course Curriculum

Day One
• Introduction to project cost estimation 00:00:00
• Zero based and incremental budgeting exercise 00:00:00
• Stakeholders in cost estimation 00:00:00
• Work analysis and resource estimation 00:00:00
Day Two
• Timelines and milestones 00:00:00
• Direct vs. indirect costs 00:00:00
• Human resource cost estimation 00:00:00
• Inflation rates and long term projects 00:00:00
Day Three
• Contingency funds planning 00:00:00
• Cost Monitoring Plans 00:00:00
Cost Analysis 00:00:00
Analysis of cost variances 00:00:00
Day Four
• Mainstreaming Monitoring Plans with Project Plans 00:00:00
• Finance and technical reporting to identify milestones and costs 00:00:00
• Utilization of Results in Project Planning 00:00:00
• Continuous quality improvement using monitoring 00:00:00
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