Economics Development &
Planning for Construction Projects
Introduction:
This course
identifies economic factors that significantly influence construction projects.
The objective is to introduce participants to the application of various
economic analysis techniques such as project feasibility studies, lifecycle
cost analysis, estimating and cost planning, and cost control techniques that
will facilitate making sound construction economic decisions. The candidates
will be able to explain the application of microeconomics concepts to project
decisions. This course will be case study driven to demonstrate the principles
discussed along the course.
This course
identifies economic factors that are significantly influencing construction
projects and how the aggregate of construction projects affect the economy. The
objective of the course is to expose the candidates to the application of
various economic analysis techniques such as market analysis, project
feasibility studies, life cycle cost analysis, selection of the appropriate
types and forms of construction contracts and the bidding process.
Course Objectives:
By the end of
this course delegates will be able to:
Who
Should Attend?
Construction
Engineers, Senior Construction Engineers, Construction Supervisors,
Construction General Supervisors, Construction Project Managers, Engineering
Technologists, Supervision Engineer, Inspection Engineers, Civil Inspectors,
Foremen, Design Structural Engineers, Planners, Structural Engineers, Material
Specialists, Quality Control and Quality Assurance Experts, Architects,
Supervision Engineers, Team Leaders, Site Officers and Managers, Mechanical
Engineers, Technical Professionals, Field Production Supervisor, Operation
Engineers, Clients Representatives
Course
Outline:
Introduction and Learning
Concepts
· Learning Concepts
· Approaches & Rules of Order
· Development Economics and Construction Projects
· Definitions
· Identify the role of the construction industry in the economy
· Structure of the construction industry
· Explain the role of various industry associations
· The regulatory environment
Market Assessment for
Construction Projects
· Strategic Planning & Projects
· Land Development
· The Market Study
· Site Selection
· Site Analysis
· The Project Plan
Market Planning for Construction
Projects
· Market Trends
· Supply & Demand for Housing
· Competitive Advantage
· Target Market & Qualification
· The Business Plan
Fundamentals of Construction
Project Feasibility Analysis
· The Feasibility Plan & Analysis
· Capital Budgeting
· NPV, IRR, CB, SCB, Payback Method, ROI, Yield Rate
· Economic Modelling & Sensitivity Analysis
Construction Project Life Cycle
Costing
· Developing and presenting a Construction Project Life Cycle Cost
Analysis.
· Dispute Resolution Costs
Construction Project Contracts
· Types of Contracts & Risk: FFP, FPPI, CPFF, CPIF, CPPF
· Construction Documents
· Standard Forms: CCDC, FIDIC, Design & Build, Turnkey
· Bonds & Insurance
Contract Law & Construction
Projects
· Contract Law
· General & Specific Conditions, Form of Agreement , Appendices
· Professional Agreements: PM, Architects, Engineers, QS
· Partnering: Partnerships, PPP, BOOT, CM, etc
The Bidding Process: The
Developer
· Preparation of Bid Documents
· The Economics of Contracting
· Construction Budget & Cash Flow
· Formal procurement guidelines
· The Control Estimate
Competitive Bidding: The
Contractor
· The Bid – Cost/Price
· Bidding Strategy
· Accuracy in Estimating
· Analysis of Bid Success Results
· Recommendations -Improving Bidding Efficiency & Effectiveness
Construction Project Financing
· Funding Gap
· Finance Plan & Loan Application
· Short & Long Term Financing
· Loan Security - Insurance & Bonds
· Hold Back (Retention) & Release
· Commissioning/Approvals /Take Over/Repayment
| Code | From | To | City | Fees | |
|---|---|---|---|---|---|
| CE19 | 20 Jan 2020 | 31 Jan 2020 | Barcelona | US$ 8500 | Register |
| CE19 | 16 Mar 2020 | 27 Mar 2020 | Munich | US$ 9500 | Register |
| CE19 | 11 May 2020 | 22 May 2020 | Tokyo | US$ 9500 | Register |
| CE19 | 26 Jul 2020 | 06 Aug 2020 | Dubai | US$ 7000 | Register |
| CE19 | 27 Sep 2020 | 08 Oct 2020 | Sharm el Sheikh | US$ 7000 | Register |
| CE19 | 16 Nov 2020 | 27 Nov 2020 | Istanbul | US$ 7500 | Register |
|
DUBAI OFFICE
Ittihad Deira Building, |
USA OFFICE 642 E14 Street,10009-13 Manhattan, New York (NY) USA info@petrogas-training.com |
EGYPT OFFICE 52 General Kamal Hejab Street,Suez Bridge, Cairo, Egypt info@petrogas-training.com |
Certificate of Completion will be provided to the candidate(s) who successfully attend and complete the course. Training hours attendance percentage of 75% is required.
Standard course hours: 8:30 A.M. to 3:30 P.M. Informal discussions: 4:30 P.M. to 5:30 P.M.
We use a blend of interactive and hands-on methods, active participation, a variety of instructional techniques, dynamic presentations, individual and group exercises, in depth discussion, DVD’s, role-plays, case studies, examples. All of the information, competencies, knowledge and skills acquired within our training programs, are 100% transferrable to the participants’ workplace.
Pre-Test and Post-Test Assessment are applied on 5-day and 10-day programs. Also, post course evaluation and candidate’s evaluation are applied to add another level of quality measurement. Candidates’ feedback is highly appreciated to elevate the training service quality.
A- Have staff trained in the latest training and development approaches
B- Support nationalization and talent management initiatives
C- Have properly trained and informed people who will be able to add value
D- Gain relevant technical knowledge, skills and competencies
A- Develop job related skills
B- Develop personal skills in subject matter
C- Have a record of your growth and learning results
D- Bring proof of your progress back to your organization
F- Become competent, effective and productive
G- Be more able to make sound decisions
H- Be more effective in day to day work by mastering job-related processes
I- Create and develop competency to perform job well
A- 10% discount after 05 candidates’ registration.
B- 15% discount after 10 candidates’ registration.
C- 20% discount after 20 candidates’ registration.
D- 25% discount after 25 candidates’ registration.
E- 30% discount after 30 candidates’ registration
F- Higher discount rates will be offered based on work volume with different clients.
A- One extra free seat is offered on 4 candidates on the same course and dates.
B- Two extra free seats are offered on 6 candidates on the same course and dates.
C- Three extra free seats are offered on 8 candidates on the same course and dates.
D- Four extra free seats are offered on 10 candidates on the same course and dates.
E- Five extra free seats are offered on 12 candidates on the same course and dates.
Nominations to our public courses are to be processed by the client’s Training and/or HR departments. A refund will be issued back to the client in the event of course cancellation or seat unavailability. A confirmation will be issued to the relevant department official(s).
If a confirmed registration is cancelled less than 5 working days prior to the course start date, a substitute participant may be nominated to attend the same course or a 20% cancellation charge is applied. In case of a no-show, a 100% fee will be charged.
PAYMENT POLICY
Payment is due upon receiving the course confirmation, invoice and/or proforma invoice. However; the fee due can be wire transferred to our bank account directly after course completion. Our bank details are illustrated on the confirmation, invoice and proforma invoice, as well. The above documents can be communicated electronically, i.e., in a soft copy or/and in hard copy based on customer’s request.
COPYRIGHT
© 2017. Material published by PETROGAS shown here is copyrighted. © 2017. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing in any medium, transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.