I. Common knowledge

• Terminology;

• Actors of the estimate;

• Organization of the estimate;

• Estimate program;

• Presentation documentation;

• Estimate classes.

II. Project feasibility & profitability

• Profitability study;

• Feasibility;

• Scope & contents.

III. Risks

• Analysis & risk management steps;

• Types of risks.

IV. Data Base

• Building a data base;

• Price schedules (list of the unit prices);

• Using a price schedule for an estimate.

V. Investments estimate

• Running costs;

• Investment costs.

VI. Estimate classes

• Class D - Order of magnitude;

• Class C - Preliminary or modular estimate;

• Class B - Basic estimate;

• Class A - Detailed estimate.

VII. Effect of inflation on investments

• Actualization;

• Reassessment formula;

• Discounted rate;

• Discount value, current value;

• Net discount value.

VIII. Localization effect on investments

• Index & price adjustments;

• Localization;

• Exchange rate & currencies;

• Costs & margin.

IX. Information technology tools

X. Simulation examination on evaluation & estimate

MCQ & Exercises.