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The Management of Engineering Project Material


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Summary

Capital expenditure projects are consistently in most of the heavy industries: oil, gas, mining and utilities. The element of material is always the main element of total expenditure and can account for more than 50% of the budget. It is, however, the most overlooked element. Projects are usually delayed due to inadequate material management. The British Academy for Training and Development offers a project management course that focuses on the effectiveness of material management and how to integrate it into the project plan, from planning and design to procurement, vendor monitoring, construction and even final liquidation.

Risk management is a process of risk Identification, Measurement, & Assessment, beside the development of strategies for management and reduction of prospective damages. These strategies include risk transfer, prevention, minimization of adverse impacts, and finally the absorption methods of some or all of the obligatory consequences. It can also be defined as Management Activities aimed at controlling risk and exerting maximum efforts and potential to reduce any risks to the acceptable levels.

This course is provided for anyone who wants to acquire significant skills in warehouse and warehouse management, to learn the secrets of logistics in institutions and companies, and to develop the reality of logistics work in enterprises. Supply Chains are networks of independent or semi-autonomous business entities that are jointly responsible for the needs insurance, manufacturing and distribution activities of one or more interrelated products, and can also be defined as a sequence of Delivery of a commodity or service, and start main raw materials and ends with the final customer.

Objectives and target group

This Course is provided for the following Target Audience:

  • Directors and owners of large commercial and industrial companies.
  • General Managers in public and private companies.
  • Directors of internal audit offices in companies.
  • Managers of the audit and audit department in companies.
  • All employees in the field of financial control in companies.
  • All students seeking contemporary approaches in financial auditing and how to detect risks.

How participants will benefit from attending a riskـbased audit course:

At the end of the course, the participants will know:

  • Methods of modern and contemporary financial auditing and its role in building the mechanism of work and directing management.
  • Risks and problems that may be discovered by company managers through the company’s auditors and financial auditors.
  • The great role of financial auditing and the role of internal audit offices in avoiding the company’s financial problems.
  • Disclosing the problems and mistakes of the company’s financial accountants and reviewing the financial reports.

Course Content

  • Material management planning.
  • Programming or preliminary design of materials management.
  • Purchase and vendor control.
  • Construction processes.Summary liquidation.
  • Sourcing skills and equipment capital expenditure projects.
  • Investment concept.
  • Study of investment opportunities.
  • Feasibility study of investment.
  • Technical feasibility study.
  • Marketing feasibility study.
  • Final Evaluation.
  • Project implementation stage.
  • Transactions stage and its characteristics.
  • Introduction to Project Risk Management.
  • Sources of Project Risks.
  • Project Risk Analysis.
  • Risk Management Laws, Principles and Standards.
  • Risk Management - Implementation Strategy / Plan.
  • Methods of risk assessment.
  • Precautions to be taken for avoiding risks.
  • Relationship between risks and the institution policies and procedures.
  • Reasons for assessing risks and taking the necessary precautions.
  • Methods of certification of risk assessment and necessary precautions.
  • Methods of dealing with some risks resulting from corruption.
  • The proper time to take the necessary precautions.
  • Risk assessment categories.
  • Risk assessment field work.

Course Date

2024-12-02

2025-03-03

2025-06-02

2025-09-01

Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£4800 / Member
Members NO. : 2 - 3
£3840 / Member
Members NO. : + 3
£2976 / Member

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