0804CLPS

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-4 Creating The Owners Cost Estimate (Top Down)
Level
Specialist (Controls Practitioner / Senior Project Manager)
Discipline
Planning & Scheduling
  • Is able to analyze the various Standardized WBS Coding structures, sources of cost estimating data and any limitations or constraints, then select or apply the most appropriate codes to be "fit for purpose"
  • Is able to analyze the various cost estimating software tools/techniques, then apply them appropriately to solve a specific problem or answer a specific question
  • Is able to analyze the estimating parameters, and based on the scope definition, the acceptable ranges of accuracy and which estimating tools/techniques are appropriate for this class of estimate, then apply

0803CLPS

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-3 Define The Estimates Purpose And Scope Of Work (Owner)
Level
Specialist (Controls Practitioner / Senior Project Manager)
Discipline
Planning & Scheduling
  • Is able to identify what topics should be covered in a cost estimate development meeting, who should attend and what the role/responsibilities of each participant should be and to facilitate or lead such a meeting
  • Is able to select, choose or recommend the appropriate level of detail for any given phase in the asset/project life span, along with being able to analyze and assess the constraints and assumptions appropriate for that phase
  • Is able to select the "best" or "most

0802CLPS

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-2 Develop Cost Estimating & Budgeting Policies & Procedures Manual
Level
Specialist (Controls Practitioner / Senior Project Manager)
Discipline
Planning & Scheduling
  • Assuming you were asked to create an SOP, be able to explain how you would design an SOP for Planning/Scheduling
  • Be able to list and explain the components or elements which should be included in any SOP?
  • Be able to demonstrate how to use Double Loop Learning to modify or update your SOP
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