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PROJECT BUDGETING & COST MANAGEMENT

PROJECT PROCUREMENT PRINCIPLES AND TOOLS TO SUCCEED WITH YOUR CHALLENGED PROJECTS IN CHALLENGING TIMES

20 21 NOVEMBER, 2017. NASSIMA ROYAL HOTEL DUBAI. UAE

Managing t PROJECT BUDGETING - PROJECT COST MANAGEMENT - PROJECT ESTIMATION - PROJECT PROCUREMENT
he project by pm technique's on procurement, budgeting, estimating, costing & contracting.

INDUSTRY OVERVIEW AND COURSE DESCRIPTION:

Executing projects in a fast pace and changing environment is challenging. Good procurement practice is of essence for succes sful projects. However, smart procurement
strategies are required to survive with the challenge of shorter delivery timelines and lower prices.

This course provides a set of procurement principles and tools to succeed with your challenged projects. Smart strategies b ased on real projects and experiences are
shared for discussion and implementation in ongoing projects from the participants. Earned Value Management is explained based on EPC projects including cost
monitoring and controlling.

Adding specialized skills like Project Budgeting and Cost Management is required to improve the quality of the project estimation at the beginning of a project. Manage the
project performance during the project with positive cash flows and enough working capital is sometimes nice to have. However, the reality is that payments are late,
higher costs occur due to unplanned issues and risks are not managed.

This course provides principles, strategies and proven techniques to maneuver around these challenges.

LEARNING OBJECTIVES

Refresh the defacto standard in project management based on the PMBOK Guide 5 th Edition and link it with EPC Projects.
Understand contract management and how it is linked with the technical and procurement aspects of a project
Discern the root causes of potential claims and take the right action
Know how to improve and advance your project management knowledge and expertise by achieving higher efficiency and better results in your daily work
Develop a detailed understanding of Project Cost Management based on EVM
Estimate your project during this course in a sophisticated manner
Identify supplier contract milestones
Review supplier performance against contract
Identify and resolve supplier performance issues
Communicate the status to management
Contract management responsibilities that issue specific tasks to various team members.

DISCOVER KEY CONCEPTS RELATED TO PROJECT PROCUREMENT MANAGEMENT

Managing Integration:
Managing Scope:
Managing Time / Schedule:
Managing Costs:
Managing Quality:
Managing Human Resources:
Managing Communication:
Managing Risk:
Managing Procurement:

FOR FURTHER INFORMATION/BOOKING

PH: +603 20274751 FAX: +603 78651533 EMAIL: WASEEM@MAWAEVENTS.COM WEB: WWW.MAWAEVENTS.COM
PROJECT BUDGETING & COST MANAGEMENT

PROJECT BUDGETING - PROJECT COST MANAGEMENT - PROJECT ESTIMATION - PROJECT PROCUREMENT

TRAINING OUTLINE
INDIVIDUAL MODULES ON EPC AND LARGE SCALE PM:

DAY 1: PROJECT MANAGEMENT KEY CONCEPTS AND EVM

Module 1: Traditional Project Management and Procurement


In this module, the traditional project management is explained based on the PMBOK Guide 5 thEdition from PMI to provide a sound foundation. The key
areas will be the process groups and the knowledge areas, explained with the PM@SUMMSO project management process and linked with EPC projects.
With that, the baseline is set to move into procurement and the necessary tools.
PM Standard Processes
PM Knowledge Areas
PM Integration and Strategies
EPC Project Management
Procurement Management Plan

Module 2: Project Procurement Management


This module explains the project structures and different contracts required for different purchases. It is explained based on FIDIC suite of contracts.
Introduction into Contract Management
EPC Contracts and difference between EPC and EPCM
FIDIC Suit of Contracts
Important Terms & Conditions
Examples and Case Study

Day 2: EVM, Cost Monitoring & Control and Claim Management

Module 3: EVM and Practical Exercise


The Earned Value Management according to PMBOK Guide 5 th Edition from PMI will be introduced and aligned with the S-Curve of the project. But the S-
Curve will be shown in different methods to monitor and control the earned values and linked costs.

EVM Formulas to calculate key figures to show project status and current performance
Forecasting and trend analysis
Project Reporting (weekly & monthly)
Examples and Case Study

Module 4: EPC Claim Management


Claim management is not only the invoice for additional cost or additional work. Here we will talk about the requirements of the project management to
ensure a pro-active performance to do the monthly claims successfully with all the evidence as per contract requirements. This evidence based approach
will help to claim for VOs if necessary.

What is project Claim Management


Typical Claims, EOT, Loss & Expenses
Case Studies

METHODOLOGY OF DELIVERY

Apart from getting a basic foundation of Project Management, the participants will experience the concepts and ideas in an interactive setting. As the saying goes, The
Learning is in the Doing. The delivery will be activity based so that the manifestation of learnings takes place rapidly.

A unique feature, participants will enjoy is a multi-sensory delivery that utilizes a wide range of tools to appease an equally wide range of learning styles. Peters training
sessions are known to be impactful, appeasing to both the intellectuals and the action-based learners.

REGISTER NOW TO AVOID ANY DISAPPOINTMENTS LATER!!

IN-HOUSE TRAINING:
Run this course at your premises and save up to 40% .If you have 10+ staffing wanting to attend MAWA EVENTS SDN BHD Onsite Tr aining is the Answer.
MAWA EVENTS Onsite Training will customize Performance Improvement Solutions to meet your specific requirements, strategically align to your
WORKPLACE SKILLS PLAN with an aim at improving your training ROI. For More Information / for proposal contact below:

FOR FURTHER INFORMATION/BOOKING

PH: +603 20274751 Fax: +603 78651533 Email: waseem@mawaevents.com Web: www.mawaevents.com

MAWA EVENTS SDN BHD TRUSTED IN DELIVERING EXCELLENCE


Leisure Commerce Square - No 9. Jalan PJS 8/9, 46150 Petaling Jaya, Kuala Lumpur, Malaysia
SEMINAR FACILITATOR
PETER WYSS, PMP
He is a founder and CEO. He is also providing complete solutions for
Project management. He graduated with a Bachelor of Science degree in Electronics and a MBA
From College of Bern, Switzerland.

He has several post -graduate qualifications such as Diploma in Project Management, Coach Certification (ICF), NLP Practitioner and Excellerated Business School for
Entrepreneurs. His latest achievement is the pathway into Agile Project Management as a certified Scrum Master.

Peter has accumulated a wide range of experience from different industries, working at senior positions in Teleco m RF-Sales, Industrial and Medical electronic
development, as well as Training and Coaching of electronic engineers based on the Swiss government curriculum. After a consulting assignment for project management
at Siemens Switzerland, his international career started in Malaysia. Here he gained his credibility in the Railway industry in several projects and roles.

Peter ventured into the Project Business already in his twenties and gained a lot of experience in different projects for mor e than 20 years and finally started his own
business in 2007 in Malaysia. After a number of training, coaching and consulting assignments in Kuala Lumpur, Singapore, Ban gkok, Manila, Shanghai, Dubai, Jeddah, and
Jakarta, Peter brought the 3rd large and complex project in Malaysia to successful completion, while working on project based assignments as PMC or Project
Management Facilitator.

Continuing the journey as an entrepreneur, Peter expanded his business into Renewable Energy and Power Plants, where he obtains a multi-project management
function throughout South East Asia for a multinational company.

Taking Peters experience from the engineering and infrastructure projects and blend it with his training and consulting skills results in high value outcomes for the
customers or course participants. Additional to that, Peter has published a number of Best Practice white papers and blogs.

EVENT SCHEDULE

08:30 am Registration
9:00 am Course Begins
10:30 -10:45 Morning Break
12:30 pm Lunch Break
14:00 pm Course Resume
15:30 - 15:45 Afternoon Break
16:30 pm End of Workshop

PRE-COURSE QUESTIONNAIRE

Trainer will access your needs before you attending this workshop. Pre-course questionnaire will be forwarded to you upon completion of registration. Make sure you
complete the form in order to gain maximum benefits from this workshop.

CERTIFICATIONS:

THE COURSE WILL GIVE ABOUT 14 PDUS FOR PMI CERTIFIED PMPS OR SIMILAR CERTIFICATIONS. IT IS A PROFESSIONAL PM COURSE
WHICH WILL BE ELIGIBLE FOR CLAIMING THE PDUS.

FOR FURTHER INFORMATION/BOOKING

PH: +603 20274751 FAX: +603 78651533 EMAIL: WASEEM@MAWAEVENTS.COM WEB: WWW.MAWAEVENTS.COM

MAWA EVENTS SDN BHD TRUSTED IN DELIVERING EXCELLENCE


Leisure Commerce Square - No 9. Jalan PJS 8/9, 46150 Petaling Jaya, Kuala Lumpur, Malaysia
PROJECT BUDGETING & COST MANAGEMENT
20 21 NOVEMBER, 2017. NASSIMA ROYAL HOTEL DUBAI. UAE REGISTRATION FORM

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ON SITE / IN HOUSE TRAINING:

Run this course at your premises and save up to 40% .If you have 10+ staffing wanting to attend MAWA EVENTS SDN BHD Onsite Training is the Answer. MAWA EVENTS Onsite Training will
customize Performance Improvement Solutions to meet your specific requirements, strategically align to your Workplace Skills Plan with an aim at improving your training ROI.

FOR MORE INFORMATION / FOR PROPOSAL CONTACT: waseem@mawaevents.com Tel: 0060 3 2027 4751 Cell: +60 111 637 3203