Cost Control and Financial Management in Construction

Cost Control and Financial Management in Construction

Course schedule

Classroom Training:
DateVenueDurationPrice
15 - 19 Jun 2026London5 days£4,995
7 - 11 Sep 2026London5 days£4,995
16 - 20 Nov 2026London5 days£4,995

Please note: prices shown above are exclusive of VAT (20%).

If you don’t see your preferred course date, please contact us.

Course Overview

Delegates gain practical insight into risk identification and compliance management in construction. The course covers health and safety standards, financial controls, and quality assurance. Participants learn to apply structured frameworks for risk mitigation. The programme equips professionals to deliver compliant and resilient construction projects.

Who Should Attend

Professionals controlling budgets, costs, and financial efficiency in construction projects. Past delegates have included:

  • Cost Engineers
  • Quantity Surveyors
  • Project Accountants
  • Finance Officers
  • Construction Planners

Course Outcomes

  • Prepare and analyse construction budgets, estimates, and cost forecasts.
  • Monitor project expenditures using variance and earned value analysis.
  • Implement financial control systems for cash flow and procurement efficiency.
  • Evaluate cost risks, contingencies, and value engineering options.
  • Report project financial performance to stakeholders with transparency.

Course Topics

Cost Planning and Value Engineering

  • Prepare accurate cost estimates and budgets for construction projects.
  • Apply value engineering principles to optimise resource allocation.
  • Analyse lifecycle cost implications and project cash flows.
  • Collaborate with teams to balance cost, quality, and performance.

Financial Control in Projects

  • Establish financial control systems for project budgeting and reporting.
  • Monitor financial KPIs, cost deviations, and project profitability.
  • Implement procurement and payment controls for contractors and suppliers.
  • Ensure compliance with auditing and financial accountability standards.

Strategic Risk Assessment in Construction

  • Identify and evaluate strategic risks in project planning and execution.
  • Integrate risk management into strategic decision-making processes.
  • Apply forecasting tools to predict risk impact on cost and schedule.
  • Ensure effective governance and control over project uncertainties.

Stakeholder and Client Engagement

  • Identify key stakeholders and their expectations in construction projects.
  • Develop communication strategies for effective client relationships.
  • Manage community, regulatory, and public engagement processes.
  • Promote transparency and accountability throughout project delivery.

Leadership and Change in Construction

  • Lead organisational change in dynamic construction environments.
  • Implement change management frameworks for major projects.
  • Encourage innovation and adaptability among project teams.
  • Cultivate leadership resilience through strategic thinking and foresight.

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