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Past event summary

Project Cost Management Workshop

About the event

DMCC presents an exclusive Knowledge Series Workshop on "Project Cost Management", organised in collaboration with SELEM DMCC for DMCC members.

In our current speed of living, the need to accurately estimate the cost of projects has increased due to increasing the pressure to deliver projects faster. Business owners, decision makers and project managers must be familiar with the cost implications of design decisions throughout the project development process.

This workshop breaks down the cost process into its component steps and reassembles it into a straightforward, logical methodology for the development of valid cost analysis of projects.

 

The workshop covered the following topics:

  • Planning Cost Management
  • Estimating Costs
  • Tools & techniques in Estimating Costs
  • Determining Budget
  • S-Curve & Funding Reconciliation
  • Control Cost

 

Who attended:

This workshop benefited all DMCC members, who require more estimation accuracy to achieve organisation objectives, meet projects budgets and obtain profit, mid-level managers or executives who lead others to achieve goals and win tenders and projects, team members, Clients, insurance, vendors, consultants, contractors, and legal firms.

 

Attendees received:

  • 30% discount on SELEM DMCC Training Courses for all the workshop attendees
  • 3 Credit hours from PMI
  • Certificate of Attendance
  • Free training for a lucky raffle winner

Event details

Where

Almas Conference Centre

When

9:00am - 1:00pm, 31 Oct 2018

Price

Free for DMCC Members

Additional Information

Agenda

0830 - 0900

Registration

0900 - 1030

Session one: Cost management planning process

1030 - 1115

Coffee break & Networking

1115 - 1245

Session two: Cost estimates refining, monitor & control, and improvement

1245 - 1300

Closing remarks and certificates distribution

Speakers

Dr. Maged F. Hanna, PhD, M.Arts, PfMP, PMP,PMI-RMP, SSYB, SSGB, SMS CBP Master Executive, CRMA, ACIArb, ACE, CTP, AMBCS, ILMAT, NSCAT Managing Director & CEO - SELEM DMCC

Maged Hanna, holds 19 years of Senior Experience in leading and managing organizations, managing projects, programs and portfolio, train individuals in different topics especially in leadership and Management. Mr. Hanna has PhD in Organizational Leadership Effectiveness, Accredited internationally as Portfolio Management Professional (PfMP), Project Management Professional (PMP), Risk Management Professional (PMI-RMP), Six Sigma Yyellow and Green Built (IASSYB, IASSGB), Certified Business Professional (CBP) Master Executive, Certified Risk Management Assurance from Institute of internal auditors in the USA (IIA-CRMA), Associate in Charted Institute of Arbitrators (ACIArb), Safety Management specialist (SMS) from BCSP, Managing Health & Safety in Construction (IOSH), Adobe Certified Expert and Instructor (ACE - ACI), Certified Training Professional to teach through Europe (CTP), Associate in The Charted Institute of IT UK (AMBCS), and Accredited Trainer from Institute of Leadership & Management UK (ILMAT), and National Safety Council USA (NSCAT).  He is currently the Managing Director & CEO of SELEM DMCC, which stands for Smart Engineering Leadership & Excellence in Management. A Pioneer Firm Providing Management Consultancy Services (Project Management Consultancy, Risk Management Services, Cost Control Services, Projects developments, Evaluation and Surveying, and all other management consultancies, Training Courses to develop and enhance skills, Testing, and Conference Organization.  He has contributed numerous articles.

Mr. Maged has been a jury member for competitions sponsored by international organizations and has participated in associated review of journals and other publications, Awards. He is also an active and Advising member of several steering committees including serving as Impartial committee member for Bureau VERITAS and previous Executive Council member in the International Tunnelling Association (ITA), ESMA for health & Safety standards for construction, He held various seminars, exhibitions and conferences dedicated to all engineers working in the UAE and internationally for their professional growth and development. Holding numerous awards and appreciations for his leading role in providing excellent services and outstanding contributions to the community.

How to find us

Almas Tower