CE 101 A 2 – DAY COURSE ON PRINCIPLES OF COST ENGINEERING PRACTICE & CODE OF ETHICS

COURSE OBJECTIVES:
•  Define what core skills and knowledge of cost engineering a person is required to have in order to be considered
a professional practitioner.

•  To emphasize the core subjects for IA&CEcost engineering accreditation programmes

•  To coach participants especially IA&CE members,and aspiring members to uphold and advance the honour
and dignity of cost engineering and the cost managementprofession, and adhere to high standards of ethical conduct

•  To grant the Institute's designation of "Candidate Member"to members who pass the prescribed examination at the end of the course. This is a compulsory course that counts towards accreditation as cost engineer.

TARGET AUDIENCE
COREN registered and registerable engineers who aspire to become “Accredited Cost Engineers”.

COURSE OUTLINE
.Cost engineering & Total Cost Management (TCM).
.Cost & Schedule Management – an Engineering Function.
.Supporting Skills and Knowledge.
.Process and Functional Skills and Knowledge.
.The Role of CE's During the Evaluation Phase.
.The Role of the CEs During the Basic – Design Phase.
.CEs' role in Contractor Selection.
.The Role of the CEs During Detail Engineering.
.Role of the CEs During Construction.
.Basic Cost Engineering Terminology.
.The Cost Engineers as Part of Project Management.
.Canon of Ethics for CEs.



CE 201 A 4-DAY ACCREDITATION COURSE ON COST ENGINEERING (PART 1)

COURSE OBJECTIVE:
•  To professionally develop participants in all aspects of cost engineering practice such as cost estimation, project planning and management, contract administration etc.

•  To award the Institute's designation of “Accredited Cost Engineer” to members who pass the prescribed examination at the endof the course.

TARGET AUDIENCE:
COREN registered and registerable engineers

COURSE PREREQUISITE:
CE 101 (Principles of Cost Engineering Practice & Code of Ethics)

COURSE OUTLINE:

.Introduction to Cost Engineering
.Time Value of Money & Equivalence
.Depreciation & Taxes
.Continuous Interest & Discounting
.Profitability
.Inflation
.Break-even & Minimum Cost Analysis
.Optimisation
.Basic Capital Cost Estimation
.Basic Operation Cost Estimation
.Basic Progress & Cost Control
.Basic Scheduling
.Cost Accounting
.Basic Project Planning
.Computer in Cost Engineering
.Ethics, Social, & Legal Aspects

 



CQ 201 A 3-DAY COURSE IN ESTIMATION OF CIVIL QUANTITIES

COURSE OBJECTIVES:
•  Present a practical method for preparing detailed cost estimates for civil engineering construction projects

•  Highlights the general aspect of the contract procedure and element of bidding and the awarding of Civil Engineering
construction projects.

•  Show how to estimate for earthworks, concrete, road & pavements, piles, timbers, tunnels, rail track, sewer, water etc.

TARGET AUDIENCE:
COREN registered and registerable Civil Engineers and Techonologists

COURSE OUTLINE:

 

 


ME 201 A4 – DAY ACCREDITATION COURSE ON VALUATION OF MACHINERY & EQUIPMENT
(PART 1)

COURSE OBJECTIVES:
•  To instruct state of – art methodology for machinery & equipment valuation
•  To award the Institute's designation of “Accredited Valuer” to members who pass the prescribed examination at the end of the course.

TARGET AUDIENCE
COREN registered and registerable engineers

COURSE PREREQUISITE:
Val. 101 (Principles of Valuatin Practice, Standards & Code of Ethics).

COURSE OUTLINE:
M&E Valuation Terminology.
Functions & Purposes of Valuation.
Preparing for & Organising the Valuation.
Field inspection Techniques.
Indices in M&E Valuation.
Basic Pricing Exercise for Current and Obsolete Assets.
USPAP and IVSC standards.
Ethics in Valuation etc.


 

PSC 201 A 3-DAY COURSE ON PROJECT PLANNING, SCHEDULING & CONTROL

COURSE OBJECTIVES:
•  To show how to develop a methodology that is standardized to achieve each project specific goals
•  Get participants to understand and utilize the tools of project management-work breakdown structure, PERT, CPM, Earned value analysis, Gantt schedules, etc
•  Enable participants to combine management and leadership proactively.

TARGET AUDIENCE:
COREN registered and registerable Engineers and others involved in project planning, scheduling, cost and progress control.

COURSE OUTLINE:

 

 

Val.101 A 2 – DAY COURSE ON PRINCIPLES OF VALUATION PRACTICE, STANDARDS
& CODE OF ETHICS

COURSE OBJECTIVES:
•  To provide a comprehensive set of guideposts and authoritative principles designed to provide necessary foundational background to both valuer aspirants and to the qualified professionals who desire to update and broaden their professional skills.

•  To expose professionals to a code to professional ethics broad enough to cover all classes of property as well as the complexities of the various valuation procedures. This code is designed to provide guidance to valuers and to provide a structure for regulating conduct of members of IA&CE through disciplinary actions.

•  To instruct IA&CE applicants, valuer aspirants, and accredited valuers who seek to improve their knowledge of the Uniform Standards of Professional Appraisal Practice as developed by the Appraisal Standard Board (ASB) of the Appraisal Foundation.

•  To grant the Institute's designation of “Candidate Member” to members who pass the prescribed examination at the end of the course. This is a compulsory course that counts towards accreditation as valuer.

TARGET AUDIENCE
COREN registered and registerable engineers who aspire to become “Accredited Valuers”.

COURSE OUTLINE
Objective of Valuation Work.
Valuer's Primary Duty & Responsibility.
Valuer's Obligation to His Client.
Valuer's Obligationto Other Valuers & to the Socliety.
Valuation Methods & Practices.
Valuation Reports,
Ethics/Competency/Scope of work /Jurisdictional Exception/Supplemental Standards Rules.
Standard 3: Appraisal Review, Development & Reporting
Standard 7: Personal Property Appraisal, Development
Standard 8: Personal Property Appraisal, Reporting.

 

 


CE 302 A 3-DAY COURSE ON PROJECT PROCUREMENT MANGEMENT

COURSE OBJECTIVES:
•  Participants at the end of the course should be able to place procurement into generic categories.
•  To instruct on the preparation of “project procurement management plan”
•  Teach participants the rudiments of source selection, contract award, and contract administration (or sub contract administration).

TARGET AUDIENCE:
COREN registered and registerable Engineers, Due Process Officials, Project procurement Officials etc.

COURSE OUTLINE
Introduction to Project Procurement Manegement.
Caterories of Procurement.
Project Scope
Procurement Planning.
Corporate Teaming Arrangement.
Procurement Risks.
Selection of Contract types.
Socilcitation of Seller Proposals.
Sub-Contract/Contract Administration.
Closing-Out Project Procurements

 


EEst 302 A 3-DAY COURSE ON ELECTRICAL ESTIMATING

COURSE OBJECTIVES:
•  Give the participants a bird's eye-view of both Estimating and the bid process in the electrical industry.
•  Explain how to determine material cost, labour cost
•  Show the proper application of direct cost, overhead and profit

TERGET AUDIENCE:
Engineers and Technologists, who have responsibility to Estimate, procure materials & equipment, assures bid accuracy, and or manages/track electrical projects.

COURSE OUTLINE:
•  Nature estimating
•  Understanding labour unit
•  Estimating summary
•  Bid process
•  Itemised estimating
•  Unit pricing
•  Estimating residential wiring
•  Estimating commercial wiring
•  Estimating technology installations
•  Computerised estimating
•  Algebraic estimating & proportionality
•  Principles of procurement bill

 

 

EECon 201 A 5-DAY ACCREDITATION COURSE ON ENGINEERING ECONOMY

COURSE OBJECTIVES:
• To explain the principles for making decisions for acquisition and retirement of capital goods of industry and Government
• To apply the same concept and methods in guiding decisions between alternative types of financing e.g. ownership versus leasing
• To award the Institute's designation of “Accredited Engineering Economist” to members that has passed the prescribed examination at the end of the course.

TARGET AUDIENCE:
COREN registered and registerable engineers

COURSE OUTLINE:


 

CE 202 A 4-DAY COURSE ON COST ENGINEERING (PART 2)

COURSE OBJECTIVES:

TARGET AUDIENCE:
COREN registered and registerable Engineers

COURSE PRE-REQUISITE: CE 201 (accreditation course on Cost Engineering Part 2)

COURSE OUTLINE

 


PC 201 A 3-DAY COURSE ON ESTIMATING COSTS OF POLLUTION CONTROL (AIR & WATER)

COURSE OBJECTIVES:
•  Develop pollution prevention and control methods
•  Develop estimating methodology for cost of clean air and water
•  Explore pollution emission sources and how to select and configure relevant control equipment
•  Show how to size equipment and estimate the control system costs
•  Explore pollution emission sources and how to select and configure the relevant control

TARGET AUGIENCE:
.COREN registered and registerable engineers, technologists and scientists involved in air and water pollution control work.
.Health, Safety and Environment Officers in the oil and gas sector.
.Federal and state government ministries, parastatals and agencies responsible for the environment.

COURSE OUTLINE:

 


ME 202 A 4-DAY ACCREDITATION COURSE ON VALUATION OF MECHINERY & EQUIPMENT
(PART 2)

COURSE OBJECTIVES:
•  To instruct state of art methodology for machinery & equipment valuation
•  To award the institute's designation of “Accredited Value” to members who pass the prescribed examination at the end of the course.

TARGET AUDIENCE:
COREN registered and registerable Engineers

COURSE PREREQUISITE:
ME 201 (Accreditation Course on Valuation of Machinery & Equipment (Part 1)

COURSE OUTLINE:
Machinery & Equipment Valuation Methodology.
Price, Cost & Value.
Cost Indices.
Age Life Concepts.
Reproduction Cost New, Replacement Cost New, ReplacementCost Depreciated, Fair Market Value, Orderly
& Forced Liquidation Value.
Types of Obsolescence.
Applying Three Approaches to Value facilities.
Lease Structures.
Valuationfor the Leasing Market.
Fair Rental Value Calculation.
Personal Property Valuation Reports.
Case Studies.

 


TEcon 301 A3-DAY COURSE ON TELECOMMUNICATION ECONOMICS

COURSE OBJECTIVES:

TARGET AUDIENCE
Engineers, Technologists, and other involved in planning and controlling telecommunication schemes

COURSE OUTLINE
Need for engineering economic studies.
Service life of engineering plant.
Methods of carrying out an engineering economic study.
Economics of Automatic Telephone exchange systems.
Planning for future requirements.
Forecasting of future requirements.
Replacement studies.
Telephone Exchange Building Cost
Economics of main line plant provision.
Economics of Telephone Traffic Routing.
Fundamental Costs of network management.
Economics of protocols.
Economic issues of network Management.
Economics of Data base Systems.
Mobile Communications Market Analysis.


 

PREcon 301 A 3-DAY COURSE ON PETROLEUM REFINING ECONOMICS

COURSE OBJECTIVES:

TARGET AUDIENCE
Engineers, Scientists, Managers, Technologists and Analysts who perform petroleum refining processes comparisons and process Economic Studies in the refining Companies, Products Pricing Regulatory Agency, Ministry, DPR, Marketing Companies, Consultants to the refining and chemical process industries etc.

COURSE OUTLINE
Correlation Methodology.
Hydrocarbons, Crude Oils & Refinery Products.
Overview of Refinery Processing. Light Hydrocarbon/ Light Distillate/ Heavy Distillate/ Residual Oil/ Treating/ other Auxiliary Processing with yields, Product Properties, Operation Requirements and Capital Costs.
Refinery Economic Factors. Economic History of Refining.
Economic Viability of New Refineries.
Technology Evaluation

 

 

 

OGEcon 301 A 3-DAY COURSE ON OIL & GAS ECONOMICS

COURSE OBJECTIVES:
•  To provide all the necessary concepts of investment evaluatin, capital budgeting, and decision analysis.
•  To impart the skills for the participants to
•  interpret intelligently the profitability measures as regards oil and gas projects
•  assess the risks in investing in the oil and gas business
•  assess the face value of the reports issued by planning/economic engineers
•  perform cost-benefit estimates for gas usage and for pricing gas to the downstream processor
•  understand natural gas LDC billing process, and make significant savings.

TARGET AUDIENCE:
Engineers, Technologists, Geologists, Geophysicists, Mangers, Financial Analysts, Stock Brokers, Accountants,
Bankers etc involved in decision-making in the oil & gas industry.

COURSE OULING
Profit Planning.
Uncertainty & Risk.
Time Value of Money.
Cash-Flow Model.
Forecasting Product Stream.
Capital Expenditures (CAPEX).
Transfer Pricing.
Depreciation.
Amortisation & Depreciation.
International Petroleum Economics.
Capital Budgeting Techniques.
Investments & Costs.
Legal, Fiscal and Contractual Framework.
Information, Accounting and Competitive Alalysis Current
Developments in PSCs.
Regulation of Natural Gas Local Distribution Company.
Gas Production Costs.
Gas Transport Economics etc

 

INSTITUTE OF APPRAISERS & COST ENGINEERS

A Division of
The Nigerian Society of Engineers
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