$2,495 – $5,995

Discover Proven Strategies to Reduce Costs & Increase Project Profitability

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Kuala Lumpur

Kuala Lumpur


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Event description


Discover Proven Strategies to Reduce Costs & Increase Project Profitability

Content Overview

Cost Engineering and Risk Management (Day 1 - 3) program will cover the latest techniques and practical methodologies of project cost engineering and risk management to successfully manage project cost and risk, in order to maximize business ROI in the long run. You will gain the combination of unmatched risk analysis skills, cost engineering and thorough knowledge of your project parameters and uncertainties.

Earned Value Management (Day 4 - 5) program will cover the principles, methodologies and industry best practices in Earned Value Management. Using the knowledge to analyze project performance and to provide accurate cost and schedule forecasting, you will be able to contribute to your project’s increased performance and success.

Delegates will be guided through step-by-step exercises on real oil and gas project case studies.

Training Program Objective

DEVELOP a sound understanding of the principles, methodologies and industry best practices in Cost Engineering and Earned Value Management

UNDERSTAND the business context, the project life cycle and the purpose of Cost Engineering in Oil & Gas projects

LEARN to prepare cost estimates, from high-level factor estimating to very detailed equipment and bulk material cost.

LEARN to develop and work with Work Breakdown Structures, work packages, project baselines and project forecasts

UNDERSTAND the impact of project location, market environment and project execution strategy on project cost

LEARN how to control, forecast and report the cost and progress during project execution

WORK on real Oil & Gas project case studies to practice all aspects of this masterclass

Training Methodology

The course is based on a balanced combination of classroom teaching and syndicate exercises supported by case studies and exercises within the industrial environment. This course is designed in with leading industry knowledge and practical case studies discussion and analysis to provide an interactive learning environm

About the Trainer

Richard Slingerland, CCE

International Consultant/Distinguished Trainer

Richard Slingerland is a Certified Cost Engineer and a former Board Member of the Dutch Association of Cost Engineers. He is the owner of Pareto Cost Consultancy; a company specialized in cost estimating, project economics, estimate & schedule assurance reviews, project control, benchmarking and value engineering. Richard has more than 15 years of industrial experience in consulting oil & gas projects, both upstream and downstream. For almost ten years, Richard worked in various Shell locations including The Hague, Netherlands, Malaysia and Central America.


  • Cost engineering services to Shell and third party for large projects up to a CAPEX of more than USD 10 billion for upstream and downstream projects in the Asia Pacific Region.

  • Exploration and production cost engineering focal point for the Asia Pacific Region.

  • Lecturer of Shell’s Project Academy, Cost Engineering courses and several Shell exploration and production courses.


  • Shell

  • Chevron

  • Petrobras

  • SBM Offshore

  • APM Terminals

  • Abu Dhabi National Energy Company


  • Carigali Hess

  • JEML



How can I contact the organiser with any questions?

Customized Training Solutions Pte. Ltd.

Registration No. 201621001H

Email: marylen@ctsolutionsglobal.com

Tel. #: +65- 6524 4973


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Kuala Lumpur

Kuala Lumpur


View Map

Refund Policy

No Refunds

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