0504CLCM
Module
05 Managing Contracts
Sub-Module
Level
Specialist (Controls Practitioner / Senior Project Manager)
Discipline
Cost Management
- Be able to define and explain the role of the cost estimator/budgeter has in helping the owner develop the tendering documents
- To be able to explain how a reverse auction works and explain the role of the cost estimator/budgeter as it relates to reverse auctions.
- To be able to explain what a filed sub or nominated subcontractor is, why it is done and where is it appropriate or inappropriate to apply and what role the cost estimator/budgeter has in this process
- Be able to define and explain the role of the cost estimator/budgeter has in helping the contractor dev