Training MEP PROJECT VALUATIONS & COST REPORTING (C206)

MEP Project Valuations & Cost Reporting


Course Outline

Feel confident using Candy for valuations and commercial control. This course is designed to help specially for the MEP industry post-tender commercial team use Candy Valuations effectively to generate budget, forecast, monthly valuations, price variations (VO’s), and to manage their contracts “To-date, Remaining and At-completion” Costs & Allowable. This thorough course covers all the bases, in order to gain better profit margin of the projects.

Recommended For

Quantity Surveyors, Site Engineers, Site agents, Contract Managers and Commercial Managers

Duration

2 days

Pre-Requisites

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

Curriculum

    • Candy Estimating – Basic recap
    • Post Tender checklist
    • Job setup for Post Tender stage
    • Job Analysis
    • Post Tender checks
    • Value Engineering (or Re-modelling)
    • Summarising resources using Cost & Group codes
    • Controlling Labour and Plant using Task Codes
    • Variation Pricing and VO codes
    • Valuations using calculation sheets
    • Valuation Report Manager
    • Costs & Allowables
    • Valuation management
    • Subcontract Manager
    • Valuation progress using Subcontract Manager