About the Course
Organizations demand construction leaders who can prove cost accuracy before work begins and control spend as it unfolds. To deliver this, you must demonstrate five core capabilities: (1) quantify earthwork, structural, and finishing components using NRM and CECS standards; (2) develop bottom-up and parametric cost estimates with contingency logic; (3) construct bills of quantities and schedules of rates that auditors accept; (4) apply Earned Value Management (EVM) to track cost performance index (CPI) and schedule performance index (SPI); and (5) manage variations, claims, and interim payment applications with forensic precision. This course follows the RICS competency framework and integrates ISO 19650 information management principles to ensure your quantification and costing align with global procurement and digital delivery standards.
We turn scattered estimation knowledge into a structured, audit-ready system. You will build a Work Breakdown Structure (WBS), map task dependencies, calculate critical path float, and produce parametric estimates using analogous and bottom-up methods. You will construct bills of quantities, analyze rates for labor, plant, and materials, forecast cash flow, and run cost value reconciliation. You will also implement EVM dashboards, model variation impacts, and draft interim payment applications. In 5 days, you will practice hands-on quantification of earthwork and structural components, build abstract estimates, and run EVM simulations—while being introduced to advanced rate analysis and claims negotiation frameworks at an overview level.
Real constraints in construction include volatile material prices, complex procurement routes, tight cash-flow windows, and regulatory variation mandates. This course is designed for professionals who must deliver accurate cost governance under these pressures, using digital tools like MS Project, Primavera, and Excel-based cost models to turn estimates into executable, profitable project plans.
Target Audience
This course is designed for senior practitioners and managers who must deliver accurate cost governance in construction, infrastructure, and real estate projects.
- Quantity Surveyor (Pre-Contract) – Produce bills of quantities and tender pricing documents
- Quantity Surveyor (Post-Contract) – Manage variations, claims, and interim payment applications
- Cost Manager – Forecast cash flow, run cost value reconciliation, and secure profitability
- Project Controller – Track Earned Value metrics (CPI/SPI) and report cost performance to executives
- Construction Manager – Optimize resource allocation and validate schedule-cost alignment
- Commercial Manager – Negotiate procurement routes and validate contractor tender pricing
- Estimation Engineer – Develop bottom-up and parametric cost estimates with contingency logic
- Procurement Specialist – Select procurement options and validate tender document pricing
- Cost Engineer – Analyze rates for labor, plant, and materials across project lifecycle
- Infrastructure Project Manager – Anticipate time-cost risks and mitigate variation impacts
Course Objectives
This course equips you to quantify, estimate, and control construction costs that align with procurement strategy, regulatory compliance, and profitability targets.
- Quantify earthwork, structural, and finishing components using RICS NRM and CECS measurement standards
- Develop bottom-up and parametric cost estimates with contingency and escalation logic
- Construct bills of quantities and schedules of rates that auditors and clients accept
- Apply Earned Value Management (EVM) to calculate CPI, SPI, and forecast cost at completion
- Analyze rates for labor, plant, and materials using CECA and local rate benchmark data
- Manage variations, claims, and interim payment applications with forensic documentation
- Forecast cash flow and model break-even points for construction tasks across project phases
- Synthesize cost performance data into executive-ready dashboards using Excel and MS Project
Requirements & Prerequisites
Prerequisites: Working knowledge of construction components (earthwork, concrete, steel, finishing), basic arithmetic for volume/area calculations, and familiarity with Excel. No coding required. Participants should bring a laptop with Excel and MS Project (or equivalent) installed. Advanced concepts are taught at operational application level—you will commission and consume cost models, not engineer them from scratch.
Local Application and Business Return in Denmark
How participants can apply the training in local operating conditions, and the return their organisation can plan for.
How participants apply this
Expected ROI
Training Methodology
This is a practical, outcome-driven course designed to turn cost estimation aspiration into measurable action and credible reporting.
Methodology includes:
- Hands-on quantification of earthwork and structural components using RICS NRM templates
- Scenario simulation: model variation impacts on cost, schedule, and cash flow under FIDIC constraints
- Audit-ready bill of quantities construction using CECS measurement standards and Excel
- Stakeholder mapping: draft interim payment applications with variation and claim trackers
- Case study analysis from residential, commercial, infrastructure, and oil & gas sectors
- Group workshop: build abstract estimate and schedule of rates under time/budget constraints
- EVM dashboard exercise: calculate CPI/SPI and forecast cost at completion using MS Project data
Upcoming Sessions
Next available dates worldwide
Certification
Recognized credentials that advance your career
Participants who complete the Quantity Surveying and Cost Estimation Training Training Program earn a Trainingcred Certificate of Achievement, demonstrating professional competence and alignment with global standards in learning and development.
NITA Accredited
Accredited by the National Industrial Training Authority, ensuring programs meet nationally recognized standards of quality and relevance.
CPD Certified
Recognized by the CPD Certification Service, ensuring every program meets internationally benchmarked standards of professional excellence.
Why this course earns its place on your CV
Accredited training, practitioner trainers, and peers on the same career track — the three things real expertise is built on.
Effective Learning & Skill Development
- Build expertise with structured, outcome-driven learning.
- Equip individuals and teams with skills that grow with industry needs.
- Reinforce learning through real-world scenarios, case studies and practical exercises.
Career Growth & Professional Advancement
- Apply what you learn with a proven methodology that ensures lasting impact.
- Develop immediately usable skills that translate directly into workplace success.
- Gain the expertise needed for career advancement and leadership roles.
Training Optimization & Learning Excellence
- Tailor training to industry-specific challenges and organizational goals.
- Use data-driven insights and automation to enhance training effectiveness.
- Evaluate progress and ensure long-term learning success.
Tools and platforms relevant to this field
Examples Denmark teams may encounter, and that may be featured in training where they support the confirmed course scope.
These are field-relevant examples, not a promise that every tool will be covered. Exact coverage depends on the confirmed course scope, participant needs, and delivery format.
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Microsoft Excel MicrosoftUsed for quantity take-offs, rate build-ups, tender comparisons, and cash-flow forecasting in estimating workflows.
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Microsoft Power BI MicrosoftUsed to turn cost and progress data into dashboards for budget tracking, variation analysis, and management reporting.
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Autodesk Revit AutodeskUsed to support model-based quantity extraction and coordination between design information and cost plans.
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Autodesk Navisworks AutodeskUsed to review coordinated models, identify clashes, and reduce estimation risk from design inconsistencies.
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Oracle Primavera P6 OracleUsed to align cost forecasts with construction schedules and monitor time-related cost exposure.
