Billing & Costing of Real Estate Projects @ 25 hr |
Program Outcome |
Learners will come to know billing process & cycle, bill raising & submission, approval and certification, costing and value engineering by administration of contract, reconciliation, claims administration, tracking of budgeted v/s actual project cost. |
Job Opportunities |
Billing Engineer, Cost Control Engineers, Tender / Contract Engineers |
Eligibility |
Working professional - Civil engineer / Architect; Final year students & Diploma civil with 3 yr. exp., Faculty from Civil. |
Prerequisite |
Basic knowledge of estimation and billing, market rates is necessary / infini's Estimation & QS course |
Type |
a) Weekly - 2 hrs daily x 12 days; b) Sunday - 6 hrs x 4 Sundays |
Training mode |
Online and Classroom both available |
Certification |
Yes, of Infini Institute upon attending 90% classes and passing the test |
Trainer |
Ajaykumar Patil / Swanand Purandare |
Course Outline |
- Day 1 / 2 hr - Introduction to Project , Work-order , Contract Document , Mode of Measurement and Necessity of Billing and it's Pre-requisites
- Day 2 / 2 hr - Types of Billing required to be Prepared at Project Sites for Various Purposes as per Billing Cycles
- Day 3 / 2 hr - Drawing Study and Preparation of Measurements as per items executed at Site in Standard Measurement Book Format
- Day 4 / 2 hr - Study of BOQ Items , Preparation of Abstract Sheet as per various items executed as per Work Order Rate , Contractual Recoveries , Bill Cover Note
- Day 5 / 2 hr - Bill Certification Process , Debit Notes , Reconciliation of Material , Recovery of Advances
- Day 6 / 3 hr - Deviated / Extra Items , Market Rates , Analysis of Rates , Claims.
- Day 7 / 2 hr - Bill Payments , Final Bills , Project Closeout Process and Documentation Requirements
- Day 8 / 2 hr - Introduction to Costing in Project , Preparation of Zero Budget and it's approval process
- Day 9 / 2 hr - Value Engineering as per the data received , options available or project requirements
- Day 10 / 2 hr - Change Management - Quantity Variation , Reconciliation , Claims , Rate Variations
- Day 11 / 2 hr - Tracking , Monitoring and Reporting - Purchase / Contracts Requisition , Advance Warning , Cashflow as per Cost to Complete
- Day 12 / 2 hr - Closure Report - Budget Vs. Actual , Profit and Loss Statement , Project Learnings.
- Day 13 - Certification
- Note - Test in MCQ format is taken - 1st after completion of 12 hrs course and 2nd at the end.
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Attendance criteria |
90% and above to get qualifying certificate |
Tests |
Yes, need to score 75% + aggregate in mid term and final tests to get qualifying certificate |
Software exposure |
Excel |
Language |
English. If needed Hindi |
Fees payment |
Full payment in 1 stroke. Refer Online course fees in download section. |
Brochure |
Get it from download section on website |
Batch timings : |
Refer schedule of upcoming batch in the download section |