The University of Hawaiʻi–West Oʻahu is offering a four-day professional development certificate course Cost Estimating for Decision Makers, designed for current facility management practitioners who use cost estimating and engineering economics for rational decision making.
The Cost Estimating for Decision Makers course will help participants:
- Develop and evaluate cost estimates before implementing projects
- Become competent practitioners and informed consumers of cost estimates
- Understand the strengths and weaknesses of the cost estimate approach, the role of risk and uncertainty and sensitivity analysis
- Know the right questions to ask when receiving cost estimates
Instructor Dan Nussbaum holds a PhD in mathematics from Michigan State University, and has a fellowship from the National Science Foundation in Econometrics and Operations Research at Washington State University. As director of the Naval Center for Cost Analysis in the Office of the Assistant Secretary of Navy in Washington, D.C., Nussbaum worked as the chief advisor to the secretary of the Navy on all aspects of cost and schedule estimating and control.
Cost Estimating for Decision Makers is designed for facility managers, property managers, general managers, sustainability directors, resource managers and practitioners who review cost estimates and are responsible for making decisions that involve resource allocations and policy choices. The course is also geared for contractors and others who want to understand how facilities managers make financial decisions.
The Cost Estimating for Decision Makers course will be held from September 28 through October 1, 1–5 p.m. at UH West Oʻahu.
The course costs $250 for Hawaiʻi residents and International Facility Management Association (IFMA) Hawaiʻi members and $500 for non-Hawaiʻi residents.
To register, call (808) 689-2384 or contact Sherry Proper via email to receive a course registration form.
Cost Estimating for Decision Makers at UH West Oʻahu is funded by a grant from the Office of Naval Research and support from the IFMA Hawaiʻi Chapter and Hawaiʻi Energy, the conservation and efficiency program.
—By Julie Funasaki Yuen