Supply Chain, Procurement & Project Management > Cost Engineering, Financing and Risk Management for Upstream and Downstream Oil & Gas Projects 
Code Date Format Currency Team of 10
Per Person*
Team of 7
Per Person*
Early Bird Fee
Per Person
Normal Fee
Per Person
PD760 27 - 29 May 2024 Kuala Lumpur, Malaysia SGD 3,181 3,329 3,499 3,699
PD760 27 - 29 May 2024 Kuala Lumpur, Malaysia USD 2,493 2,609 2,699 2,899
PD773 26 - 28 Aug 2024 Kuala Lumpur, Malaysia SGD 3,181 3,329 3,499 3,699
PD773 26 - 28 Aug 2024 Kuala Lumpur, Malaysia USD 2,493 2,609 2,699 2,899

*Fee per person in a team of 7 or 10 participating from the same organisation, registering 6 weeks before the course date
Request for a quote if you have different team sizes, content customisation, alternative dates or course timing requirements
Request for in-person classroom training or online (VILT) training format

Learn in teams and save more! Enjoy group discounts of up to 50% off normal fees for team based learning. Contact us on [email protected] to learn more today!

Code

PD760

Date

27 - 29 May 2024

Format

Kuala Lumpur, Malaysia

Currency

SGD

Team of 10
Per Person*

3,181

Team of 7
Per Person*

3,329

Early Bird Fee
Per Person

3,499

Normal Fee
Per Person

3,699

Code

PD760

Date

27 - 29 May 2024

Format

Kuala Lumpur, Malaysia

Currency

USD

Team of 10
Per Person*

2,493

Team of 7
Per Person*

2,609

Early Bird Fee
Per Person

2,699

Normal Fee
Per Person

2,899

Code

PD773

Date

26 - 28 Aug 2024

Format

Kuala Lumpur, Malaysia

Currency

SGD

Team of 10
Per Person*

3,181

Team of 7
Per Person*

3,329

Early Bird Fee
Per Person

3,499

Normal Fee
Per Person

3,699

Code

PD773

Date

26 - 28 Aug 2024

Format

Kuala Lumpur, Malaysia

Currency

USD

Team of 10
Per Person*

2,493

Team of 7
Per Person*

2,609

Early Bird Fee
Per Person

2,699

Normal Fee
Per Person

2,899

*Fee per person in a team of 7 or 10 participating from the same organisation, registering 6 weeks before the course date
Request for a quote if you have different team sizes, content customisation, alternative dates or course timing requirements
Request for in-person classroom training or online (VILT) training format

About this Training Course

The two elements which consistently remain in the forefront of every executive, tasked to manage a project, are “Cost” and “Time”. There is probably no disagreement or a need to prove that a strong correlation exists between Cost and Schedule. The mechanics of capturing cost during the execution is not that difficult a task, as it is when undertaking Design, Engineering, Estimating, Planning, Scheduling, and seeking financing for the project. The corporate management is expected to provide realistic, reliable and risks adjusted projections of a project’s overall financial performance.

This 3 full-day course and workshop is developed to make the delegates walk through the engineering formulas and equations to become a professional in managing estimates, projections, risks, uncertainties and secure financing for high value, high risk projects, from both On-shore and Offshore Oil & Gas industry segments.

This course can also be offered through Virtual Instructor Led Training (VILT) format.

Objectives of this Training Course:

This course and the workshops are developed for the participants to gain comprehensive understanding of the field of Cost Engineering and its impact on the project execution, financing and risk management. The underlying objectives are:

  • Enhance familiarization with mechanics of cost engineering in developing budgets and Project Cost Models.
  • Gain understanding of diversity in financing of EPC Projects in context of Offshore and Onshore Oil & Gas projects in international arena.
  • Identify risks associated with cost estimates and costing elements, with an objective of developing project strategies and minimizing the exposure to escalation of prices and market factors.
  • Appreciate the correlation between cost and schedule, resulting in the delivery of contractual obligations.
  • Develop competency to manage risks of costs and time overrun, by implementing appropriate cost control mechanism.

If you are responsible for undertaking one or more of the following functions in the Oil & Gas and Offshore & Marine Industry, you can’t afford to miss this course:

Management Accountants, Finance Managers, Cost Controllers, Project Directors, Contracts & Projects Managers, Estimators, Planners and Risk Managers.

  • Intermediate

Unique Features of this Enhanced Course Curriculum:

This course and the workshops are developed for the participants to gain comprehensive understanding of the field of Cost Engineering and its impact on the project execution, financing and risk management. The underlying objectives are:

  • Enhance familiarization with mechanics of cost engineering in developing budgets and Project Cost Models.
  • Gain understanding of diversity in financing of EPC Projects in context of Offshore and Onshore Oil & Gas projects in international arena.
  • Identify risks associated with cost estimates and costing elements, with an objective of developing project strategies and minimizing the exposure to escalation of prices and market factors.
  • Appreciate the correlation between cost and schedule, resulting in the delivery of contractual obligations.
  • Develop competency to manage risks of costs and time overrun, by implementing appropriate cost control mechanism.

To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information post training support and fees applicable

Learn what past participants have said about EnergyEdge training courses

Very knowledgeable trainer who constantly engages with the class!

Planning and Cost Engineer, Petra Energy Berhad

This training course exceeded my expectations. The instructor is very effective and answers our questions in a simple and easy-to-understand manner. One word ‘Superb’.

Marine Captain, Sarawak Shell

Great and knowledgeable course with the experienced trainer.

Assistant Project Financial Analyst, Oceancare Corporation Sdn Bhd

The trainer is a good consultant and very professional and knowledgeable. He raised my interest in knowing more into maritime laws.

Senior Buyer, Bibby Offshore

Superb presentation by the trainer. Definitely a Guru!

Head of Marine Audit, Icon Offshore

The course has been made successful specifically because of the experience, knowledge, and patience of the trainer.

Group Legal Counsel, Amsbach Marine Singapore