Developing Cost Owner Estimate / (HPS/OE) (SOURCE)

After participating in this training, participants are expected to analyze and arrange their own estimates according to user needs. Participants will learn the basics and steps of cost analysis, research technique, benchmarking, environmental analysis and industry analysis.

Overview

After participating in this training, participants are expected to analyze and arrange their own estimates according to user needs. Participants will learn the basics and steps of cost analysis, research technique, benchmarking, environmental analysis and industry analysis.

Objectives

  • Analyze and develop its own estimates according to user’s needs, scope of work, and budget availability.
  • Get the information and data prices of goods or services for a particular commodity within a certain timeframe.
  • Set up market prices by taking into account the factors that influence to be a reference price of its own estimates.
  • Understand the basics and steps of cost analysis, research techniques, benchmarking, environmental analysis, and industry analysis.

Target Participants

This course is designed for Procurement & Contract Professional from a variety of disciplines