Contract Cost & Price Analysis

Code Date City Fees Register
L007 October 2, 2022 - October 13, 2022 Cairo - EGYPT $ 3750

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L007 January 15, 2023 - January 19, 2023 Online $ 1900

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L007 April 16, 2023 - April 20, 2023 Berlin $ 5000

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L007 July 16, 2023 - July 20, 2023 Bangkok $ 4500

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Objectives

  • Upon completion of the course, participants will be Aware of :
    • The importance of price/cost analysis in continuous improvement programmes
    • The difference between price and cost analysis
    • Criteria for selecting the analysis type
    • Methods of price analysis
    • Knowledge of supplier strategic alliances
    • Analytical tools for cost drivers
    • Methods of cost analysis
    • Development of “should cost”
    • Types of TCO models .

The Delegates

  • Contract Managers, Contract Engineers, Quantity Surveyors, Contract Administrators, Project Managers and Engineers, Tenders Managers .
  • Buyers, Purchasing Managers, Procurement Managers .
  • Engineering, Contract Holders, Construction Managers .
  • Maintenance Mangers and Systems Managers and all others in organizations whose leadership want world-class skills sets in those involved in contracts for the procurement of goods, equipment, construction, and service .

The Contents

  • Defining Cost Savings Opportunities
    • Reducing the cost of purchased goods and services
    • Contract’s savings impact on the bottom line
    • Understanding where to focus your efforts
    • Supplier pricing models
    • Develop opportunity hypotheses
    • Cost reduction reporting procedure
    • Continuous improvement skill sets
  • Performing Price Analysis
    • Difference between cost and price analysis
    • Selection tool
    • Methods of price analysis
    • Historical analysis
    • Using price indexes
    • Calculating change
    • Developing the organization’s contract price index
  • Performing Cost Analysis
    • Methods of cost analysis
    • Major elements of cost
    • What and how important are supplier overheads
    • Developing “should costs”
    • Requesting supplier cost info
    • Issues in analyzing supplier cost breakdown
    • How much profit should the supplier make
  • Other Important Valuation Criteria
    • Industry analysis
    • Global industrial labor rates
    • Working with currency exchange rates
    • Total costs of ownership models
    • Reengineering processes to reduce cost
    • Cost volume profit analysis
    • Defining value analysis?
  • Controlling Contract Pricing in Volatile Markets
    • Dealing in volatile economic situations
    • Contract economic adjustment clauses
    • Continuous improvement methods
    • Early supplier involvement
    • Reducing waste in the supply chain
    • Savings reporting
    • Get the big savings now
  • Course assesment .

Notes:

  • Great Discount for companies and governmental Organizations .
  • All programs are held in five star hotels .
  • All lecturers have sufficient knowledge and experience to implement the programs at an optimal level .
  • Large package of services is offered to the participants .

The Discount

10% in case of Three P. (or more)

Course File

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2024-01-03T01:15:03+00:00