Because Construction Projects are complicated by their natural, companies are very interested not to lose control. Therefore, for time monitoring, there is a time schedule, for Quality Control, there is a QA/QC plan, and for cost, there is a cost control process.
Accordingly, the Cost control process should monitor the Project progress and report any deviation to the budget cost. However, there is no simple way of doing cost control where we can use smart techniques without expensive tools or software.
What makes Is this course different?
Engineers who follow my courses and articles know how I am thinking. I am a practical person who looks for smart solutions to solve construction problems. I have been requested many times to develop a cost control course. However, I took much more time to do it because I wanted to produce something practical and smart. To be honest, it was not an easy job to develop this course since it took me more than 2 years! However, in the end, I am very proud to produce a simple yet effective way of controlling construction project costs.
I have created for you a step by step guide along with the Excel data model to be able to easily monitor any construction project. If you are a planning engineer, you will enjoy it more even by linking your progress update to the cost plan. If you are not a planning engineer, you still can get benefits from the course since I will tell you what you need to know. However, after you take this course, I am sure you will consider learning planning as well.
Watch the video:
We have 3 main reports (however you can do whatever reports you want from the data model) :
1- Cash In and Cash out report:
2- Cost Control Summary Report:
3- Cost Control Detailed Report:
4- This is in addition to the 83 pages PDF manual book.
Is this Everything?
Of course not. With the course data model, you can create whatever reports you want. You have all the data stored in an organized way and you can reuse in any format/reports you want.
Sample of other reports:
How this course work?
This is a recorded course where we have 12 chapters. Each chapter will have all the steps in a pdf file in addition to video explains these steps in front of you. Furthermore, you will be able to download the excel sheet files to use it in your own projects. Following are the steps to create the cost control process:
1- Create the cost estimation sheet.
2- Add the project planned dates to the data model.
3- Link the cost estimation to the schedule.
4- update the schedule and automatically update the cost plan.
5- Update the actual costs using our smart sheet.
6- Compare the budget cost to the actual costs and find the activities with a cost overrun.
Note: in this course, we are using a smart technique to link data, I am sure that you will use our method in all your future projects:
What you will study and what you will not study in this course?
We Will Study:
- how to create a cost control process from scratch.
- how to distribute the estimation cost using the project schedule.
- how to calculate the cash in and cash out for the project.
- how to link progress update to the budget cost.
- how to update actual costs smartly.
- how to create a summary report for all projects.
- how to find activities overrun for materials, labors, equipment, and subcontractors.
- how to create a detailed cost report for all projects.
- how to create any other custom report using the data model.
- how to use the same technique of data model in all other tasks.
We will NOT Study:
- how to estimate the cost of materials, labors, equipment, and subcontractors. This is an estimation process not cost control and it is pure QS job.
- how to create a project time schedule, there are other courses on our website for that.
For who this course?
- Planning Engineers.
- Cost Engineers.
- Q.S Engineers.
- Site Engineers.
- Project Managers.
- Construction Managers.
- Anyone who has some experience in construction projects and would like to learn cost control.
What you are waiting for? Join this course now!
- Lectures 39
- Quizzes 0
- Duration 7 hours Videos + 23 hours practice
- Skill level All levels
- Language English
- Students 149
- Certificate Yes
- Assessments Yes
Welcome Message and Join our Course Email List2
Chapter 0 - Master Sheet2
Chapter 1 - Cots Estimation2
Chapter 2 - Schedule Planned2
Chapter 3 - Activity and BOQ2
Chapter 4 - Monthly Direct Costs2
Chapter 5 - Monthly Indirect Costs2
Chapter 6 - Monthly Paymets2
Chapter 7 - Monthly Cash In and Cash out2
Chapter 8 - Weekly Progress Update2
Chapter 9 - Direct Cost Progress Updtae2
Chapter 10 - Actual Costs Update2
Chapter 11 - Summary Cost Report2
Chapter 12 - Detailed Cost Report2
Chapter 13- Making Data Model Dynamic1
Chapter 14 - Data Analysis and Corrective Actions1
Cost Control Manual PDF Book1
Course Completion Certificate1
Questions and Answers Q&A2
Hany Ismael is the founder and CEO of Planning Engineer Est. in Egypt. He has started his career back in 2003 as a site engineer, technical office engineer, planning engineer, planning manager, and finally planning department manager where he has been involved in several mega construction projects in Egypt and Saudi Arabia. In 2016, he established his own company in Egypt “Planning Engineer Est.” Hany gained his MSc degree in project management from Liverpool University-UK 2013-2016, PMP certified from PMI-USA 2010, and BSc Civil Engineer Tanta University-Egypt 2003. Hany provided more than 3,500 hours of planning and project management training on his website planningengineer.net, YouTube channel, and offline courses since 2011. He enjoys teaching project management in simple and practical way, and he developed several planning tools, techniques and courses.
Eng. Ahmed Ramadan, Sr. Estimator
from my oponion the main advantage in this Course is that; the course is practical & the instructor has a deep experince in the planning & Cost Control fields & his explanation is simplified, I can recommend it to anyone who's willing to get into the Cost Control practical field.
ehab adel metwally attia safan
Cost Control Course
Awesome Course, Work Smart Not Hard Thanks Eng.Hany for your usual amazing courses .
very good Teacher
كورس ممتاز ولاتعليق عليه شابووووه ليك يادكتور في هندسه التخطيط والاداره وشكرااااااا جدا
Mohand Amokrane Ouehnia
Mohand Amokrane Ouehnia
Purely practical with very useful information, I would recommend it to anyone who's willing to get into the Cost Control field, even for experienced people they can get very useful information, It's well structured and organized. My final word on this course is "Awesome".
Cost Control Course
The lessons, techniques, ideas, logics, concepts, analysis, topics, teachings and many more are amazing, thank you so much sir.