Training on 'Controlling Construction Costs'

We are very glad to inform about our upcoming 1-Day interactive workshop on ‘Controlling Construction Costs’, on Saturday, 11th February 2012 at the Holiday Villa Hotel in Qatar.

The workshop will be conducted by Mr Claude Raymond Sakr. He is a:
 Trainer, Speaker and Guest Lecturer for the University of Wolverhampton, UK
 Member of PMI(US) and AACE(US) and American Society of Professional Estimators
 Based in Bahrain with over 20 years of experience managing projects for ABB JV (Algeria), SNC Lavalin (Canada), Petrofac Int’l (UAE), Alstom Power (Italy), Amec Spie Petrofac (Azerbaijan), etc.

Overview:
The need for construction cost training is due to huge cost overruns on construction projects. The Owners/ Clients funded projects without fully appreciating the overcharge exposures. These expenditures were often outside the mainstream of the organization and sometimes not well-controlled. Even on well-controlled projects costs can escalate. Utilities, retailers, energy companies, real estate developers, manufacturers and others in industry and government saw the benefit of auditing construction costs. When projects are out of control, 30-45% overcharge is not unheard of.

This 1-day workshop is interactive and relevant to the Middle-east, loaded with examples and good practices. The participants will apply proven techniques to case studies and learn how to ask the right questions and tackle technical matters. By following the skills learned in this workshop, participants can direct and regulate many aspects of construction activity to ensure that their companies get what they contracted and paid for. In this workshop, the participant will learn how to:

 Prevent and detect construction overcharges
 More effectively administer construction contracts
 Plan your construction contract strategy to complement your control system to receive the most value for your construction dollars & riyals
 Strengthen controls to reduce opportunity for fraud, conflicts of interest and kickbacks

Topics covered:

 Forecasting for Activities
 Control of Project Cashflows
 Financial Accounting System & Cost Control
 Relation Cost & Schedule
 Detecting and Preventing Typical overcharges
 Cost Control considerations with ‘Change Orders’
 Considerations for Time & Material Contracts
 Special Considerations for Unit Price Contracts
 Bid document Format and Language to enhance Cost Control
 Group Exercises & Case Study

For whom:
Project Managers, Procurement Managers, Cost Engineers, Cost Controllers, Project Controllers, Project Accountants, Project Auditors and Contract Administrators

When:
11th February 2012, Doha – Qatar

Attendance fee:
o 1 participant - QAR 1,000 per person
o 2 to 5 participants - QAR 950 per person
o 6 & more - QAR 900 per person

(Fee includes Course Materials, ‘Certificate of Attendance’, Lunch & light refreshments)
This being a workshop, we have restricted the attendance to a maximum of 25 participants only. Hence, we will be accepting the registrations on a first-come first-serve basis.
(Therefore, kindly register immediately and pay on or before Sunday, 5th February 2012)

Thank you,

Yours sincerely,

S. Malavan
Manager – Training & Technical Services Division

Mecton Qatar
Mailing Address: No 51 Al Emadi Business Center, P.O. Box: 82554, Doha - QATAR.
Tel: +974 4465 9708| Fax: +974 4465 0460| Mobile: + 974 3334 8667
Email: malavan/-a-t-/mectongroup.net
Web: www.mectongroup.net