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Postgraduate DiplomaNaval, Offshore & Sports Nautical Applications open

Postgraduate Diploma in Cost Control and Package Contracting

Online Postgraduate Diploma of 800 h in Cost Control and Package Contracting. 8 modules with ISO 21500 (project management), ANSI/EIA-748 (earned value management systems) and Primavera P6. Assigned tutor and open enrolment.

Duration800 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute diploma
Enrol now View syllabus Ask an advisor
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Learning outcomes

What you will be able to do

01

Describe the lifecycle and cost structure of naval and offshore projects.

02

Prepare cost estimates according to their level of definition.

03

Define the package procurement strategy.

04

Establish the reference budget and control deviations using earned value.

05

Manage variation orders and contractual claims.

06

Quantify cost risks and contingencies.

07

Carry out the financial close-out of a project.

Profile

Who it's for

  • Cost control engineer seeking to specialise in Cost Control and Package Contracting.
  • Cost estimator seeking to specialise in Cost Control and Package Contracting.
  • Procurement manager seeking to specialise in Cost Control and Package Contracting.
  • Project controller seeking to specialise in Cost Control and Package Contracting.
  • Project risk manager seeking to specialise in Cost Control and Package Contracting.
  • Naval and offshore project manager seeking to specialise in Cost Control and Package Contracting.
  • Graduates in engineering or science looking to enter shipyards.
Standards & tools

What you'll work with

  • ISO 21500 (project management)
  • ANSI/EIA-748 (earned value management systems)
  • AACE International RP 18R-97 (cost estimate classification)
  • ISO 21508 (earned value management)
  • ISO 31000 (risk management)
  • FIDIC-type contracts
  • NEC4-type contracts
Syllabus

8 modules · 800 h

  1. 1.1Phases of a shipbuilding project
  2. 1.2Shipyard structure and subcontracting
  3. 1.3Work breakdown by systems and zones
  4. 1.4SFI and ESWBS coding systems
  5. 1.5Construction contract and SAJ model
  6. 1.6Payment and delivery milestones
  7. 1.7Offshore EPCI projects
  8. 1.8Stakeholders: shipowner, shipyard, class society and flag
  9. 1.9Typical cost risks
  10. 1.10Case study: work breakdown structure of a vessel
  1. 2.1Weight-based parametric methods
  2. 2.2Estimation by system and by zone
  3. 2.3Cost of steel, equipment and labour
  4. 2.4Man-hours per tonne
  5. 2.5Learning curves in series production
  6. 2.6Contingencies and reserves
  7. 2.7AACE estimate accuracy
  8. 2.8Historical cost databases
  9. 2.9Offshore cost estimation
  10. 2.10Workshop: parametric estimation of a vessel
  1. 3.1Contract packages and their definition
  2. 3.2Interfaces between packages
  3. 3.3Pricing models: lump sum, unit rate and cost plus margin
  4. 3.4Turnkey system contracts
  5. 3.5FIDIC and LOGIC models
  6. 3.6Supplier selection and tendering
  7. 3.7Technical and commercial evaluation of bids
  8. 3.8Negotiation and award
  9. 3.9Make-or-buy strategy
  10. 3.10Practice: package plan for an offshore vessel
  1. 4.1Cost baseline
  2. 4.2Control accounts
  3. 4.3Commitments, actuals and forecasts
  4. 4.4Earned value management (EVM)
  5. 4.5CPI and SPI indicators
  6. 4.6Estimate at completion (EAC)
  7. 4.7Cost S-curves
  8. 4.8Variance analysis
  9. 4.9Cost reporting to management
  10. 4.10Lab: EVM analysis of a naval project
  1. 5.1Variation orders
  2. 5.2Valuation of changes
  3. 5.3Schedule impact and disruption
  4. 5.4Claims and counterclaims
  5. 5.5Contract document management
  6. 5.6Concurrent delays
  7. 5.7Time impact delay analysis
  8. 5.8Dispute resolution and arbitration
  9. 5.9Contract settlement
  10. 5.10Case study: claim for scope change
  1. 6.1Project risk register
  2. 6.2Quantitative risk analysis
  3. 6.3Monte Carlo simulation of cost and schedule
  4. 6.4Currency and commodity risk
  5. 6.5Critical supplier risks
  6. 6.6Construction insurance
  7. 6.7Refund guarantees
  8. 6.8Price escalation and clauses
  9. 6.9Management reserves
  10. 6.10Workshop: risk analysis with Monte Carlo
  1. 7.1ERP and shipyard management systems
  2. 7.2Integration of planning and cost
  3. 7.3Primavera P6 and integrated control
  4. 7.4Project dashboards
  5. 7.5Cost audit
  6. 7.6Contractual and financial close-out
  7. 7.7Lessons learned
  8. 7.8Benchmarking across projects
  9. 7.9Continuous improvement
  10. 7.10Practice: cost dashboard in Power BI
  1. 8.1Naval project definition
  2. 8.2Cost estimation
  3. 8.3Package strategy
  4. 8.4Baseline and control accounts
  5. 8.5EVM control system
  6. 8.6Change management
  7. 8.7Risk analysis
  8. 8.8Final forecast report
  9. 8.9Report and presentation
  10. 8.10Final review with the tutor
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: students progress at their own pace within the intake, which makes it possible to combine study with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is Primavera P6, Microsoft Project, Cleopatra Enterprise, Power BI, advanced Excel, in free, academic or evaluation versions. Tests are studied using real procedures from practical cases of cost estimation, simulation of project control with earned value, and cost risk analysis with Monte Carlo. Assessment is continuous per module plus the final integrative project.

Accreditable laboratories(EN ISO/IEC 17025) with a rotor test rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-based final project:safety case, test plan, compliance dossier and operating limits.
Industry mentoring:lecturers with experience in formation flying, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:safety-by-design approach, cyber-OT, DIH and compliance as core pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Definition of the naval project

Describe the lifecycle and cost structure of naval and offshore projects.

Cost estimation

Prepare cost estimates according to their level of definition.

Package strategy

Define the package procurement strategy.

Baseline and control accounts

Establish the reference budget and control deviations using earned value.

EVM control system

Manage variation orders and contractual claims.

Career opportunities

Where this takes you

Cost control engineerCost estimatorProcurement managerProject controllerProject risk managerNaval and offshore project manager
Admissions & scholarships

Requirements

  • Prior technical training or professional experience in the sector. A university degree is not required.
  • Internet connection and a computer capable of running the programme's software.
  • Sufficient Spanish to follow technical regulatory reading.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

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FAQ

Frequently asked questions

The programme totals 800 hours spread over 6 to 8 months. That is an average of 10 to 15 hours per week, compatible with full-time work.

You will work with Primavera P6, Microsoft Project, Cleopatra Enterprise, Power BI and advanced Excel. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

SEIUM's own diploma upon passing continuous assessment and the final integrative project. This is in-house training, not an official Ministry qualification.

Yes. Modules passed in a course or postgraduate diploma in the same area are recognised towards the advanced programme. Check the recognition policy when you enrol.

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