Day 1: Cost Management Fundamentals in Infrastructure Projects

• Characteristics of infrastructure projects and cost drivers

• Project cost life cycle

• Cost planning and control concepts

• Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS)

• Financial uncertainty and risk sources

Day 2: Advanced Cost Planning and Budgeting

• Advanced cost estimating (conceptual and detailed estimates)

• Estimating methods (parametric, bottom-up, analogous)

• Project budgeting and cost baseline development

• Contingency and management reserves

• Cost and schedule integration (cost loading)

Day 3: Cost Control and Performance Measurement

• Tracking actual costs and variances

• Earned Value Management (EVM)

• Financial performance indicators (CPI, SPI)

• Forecasting final project costs (EAC, ETC)

• Use of software tools for cost control

Day 4: Change Management, Claims and Financial Risks

• Managing change orders and financial impacts

• Cost impact of claims and delays

• Financial risk analysis and probabilistic costing

• Strategies to prevent cost overruns

• Coordination between planning, contracts, and cost teams

Day 5: Reporting, Governance and Practical Application

• Cost reporting for management and stakeholders

• Cost governance and institutional control

• Financial auditing and compliance control

• Case studies from major infrastructure projects

• Workshop: Developing an integrated cost planning and control plan for an infrastructure project