Project Cost Planning, Estimating & Budget Control

Sr Ts. PMr. Dr. Zakaria Mohd Yusof
CQS, FRISM, MIVMM, CACPM, CCPM
HRDC & CIDB Accredited Trainer

Course Detail

Learn to prepare reliable estimates, develop realistic project budgets and monitor construction costs in this practical one-day programme. Using a real two-storey building case study valued at RM2.143 million, participants will connect quantity take-off and rate build-up with budgeting, cash flow and cost forecasting.

Course Outline

Course Details

Date: 16 November 2026

Duration: One day

Trainer: Sr Ts. PMr. Dr. Zakaria Mohd Yusof

Approach: 30% concepts, 70% application through case studies, exercises and group discussions.

Module Outline

  1. Project Cost Planning – Project life cycle, cost elements, breakdown structures and responsibilities.
  2. Quantity Take-Off & Estimating – Interpreting drawings, measurement using SMM3/MyCESMM2, market rates and rate build-up.
  3. Project Budget Development – Direct and indirect costs, preliminaries, contingencies and escalation.
  4. Cost Control Planning – Cost coding, cash-flow planning, S-curves and monitoring procedures.
  5. Cost Forecasting – Updating forecasts and identifying potential cost overruns.
  6. Practical Case Study – Prepare a project estimate, budget and cash flow through guided exercises.

Learning Outcomes

Gain the skills to prepare cost estimates, develop budgets, monitor cash flow, apply cost-control techniques and forecast final project costs.

Who Should Attend?

Quantity surveyors, cost engineers, project and construction managers, architects, engineers, contract managers, contractors and developer/client representatives.