Cost Control 101 “Demystifying the Process”

Managing capital program costs can be complex.  Many times, overly complicated systems are implemented which are not sustainable.

Successful cost control uses simple, but integrated, processes with a disciplined and uniform approach.

This webinar series walks participants step by step through a tried and tested cost management system, applicable to many program types.  This system works for any brand of project management software.  It will improve your cost knowledge and allow you and your organization to function with a robust, reliable, and repeatable process for budgeting, forecasting, and reporting.

Cost Control 101 Participants will learn:

• Cost Definitions & Nomenclature
• Cost Rules
• How to understand and setup a cost worksheet
• How to create a simple budget structure
• How to categorize your costs
• Mechanics of budget management
• Forecasting
• Budget Control
• Reporting

This is webinar one in the four-part series ideal for:

• Facilities Directors seeking better cost management solutions
• Capital Finance Executives wanting process exposure
• Organizations starting a new phase of capital development
• Organizations revamping/upgrading cost management systems
• Financial, Accounting, Clerical Staff professional development
• Estimators developing budgeting and cost management skills
• Project Engineers to develop more skills
• Project Managers building cost management knowledge
• Contractors offering Construction Management services
• Project Controls Mangers setting up cost management systems
• Owners needing a better capital budgeting process
• Owners looking to streamline their change order process

Instructor: Rodney M Percival, PE, Program Cost Manager with Caproso – Capital Program Solutions, has 30+ years of cost experience as a Contractor and Program Manager on small and large private and public projects with Cost Plus, Lump Sum, GMP, Design-Build or CMAR delivery.  For the past decade, he has provided services to LAX as Chief Cost Engineer, developing budgets, cost systems, historical costs, and in-house applications. More recently, he has founded a cost consultancy which develops applications for Owners and Estimators to budget projects and streamline analysis of non-competitively bid change events.

See Flyer for complete details and registration information.

RSVP and you will be sent a link to pay for your registration.