Training BUDGET AND COST CONTROL FOR MINING (M203)

Budget and Cost Control for Mining


Course Outline

This course is designed to help gain a general overview of the Candy estimating system and for the post-tender commercial team use Candy Valuations effectively to generate monthly valuations, price variations, and to manage their contracts “To-date, Remaining and At-completion” Costs & Allowable. This thorough course covers all the bases.

Recommended For

Budget Controllers, Quantity Surveyors, Site Engineers, Site Agents, Project Managers, Contract Managers and Commercial Managers

Duration

3 days

Pre-Requisites

    • Computer literacy and keyboard proficiency is assumed.
    • Knowledge of estimating procedures is required
    • Knowledge of post-tender procedures is required

Curriculum

    • Estimating / Budgeting
    • Post-tender checks (confidence check, selling rate, value analysis etc.)
    • Valuation No. 1 using Calcsheets (valuation setup, primary valuation quantities etc.)
    • Valuation Report Manager (interim payment claim report, valuation listings report etc.)
    • Valuations using actual, claimed, paid and final quantities
    • Costs and allowable module
    • Subcontract Manager for subcontractor control
    • Controlling labour and plan using task codes (task code allocation, analysis and reports)
    • Value engineering (re-modelling)
    • Cost & Task coding structures
    • Pricing & coding of variation orders
    • Area bills for location control