Categories > Finance & Accounting Category   Manhour & Cost Estimating     Program Duration : 5 Days Program Date : 05-09 May, 2012 m : Cairo, Egypt Program Fees : US$ 3200/Per Person    Program objectives:   By the end of this course the participant will learn Basics of Accounting for cost estimation. The basis of estimating costs. Processes of Cost Estimating. The mechanism of dividing labors into types and segments. Material Cost, Type & its Corrections. Costing the different types of Activities.   WHO SHOULD ATTEND? Maintenance Specialists Contract Specialists Turnaround Coordinators HR Specialists   PROGRAM OUTLINES:   1 Importance Reasons for studing cost estimation and financial analysis Business basics Design and its elements Design process and evaluating alternatives Estimating and analysis practices 2 Labor Types of labor and labor cost Time study or time and motion study Procedures for time study Methods analysis Recording of information Rating factors and normal time Allowance factors and standard time 3 Material Direct and indirect material Measuring units of material Corrections and correction estimation Material costs Conractual Inventory methods 4 Accounting and cost estimation Accounting basics for cost estimation Financial  reports Overhead costs and cost estimation Budgeting and cost estimation Allocation of costs Activity based costing