Contract Cost and Price Analysis Training Course

Course Category : Project Management

A practical training programme focused on contract cost and price analysis, enabling participants to achieve fair and competitive pricing, understand supplier pricing models, and maximise value in volatile market conditions. 5 Days – Intermediate Level.

Starts On

15 - June - 2026

Ends On

19 - June - 2026

Location

France - Paris

Language

English

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Targeted Audience

  • Contract Managers and Administrators
  • Contract Engineers and Quantity Surveyors
  • Project Managers and Engineers
  • Tender and Bid Managers
  • Procurement and Purchasing Managers
  • Maintenance and Systems Managers
  • Newcomers to contracts or professionals seeking a refresher

Targeted Skills

  • Cost and Price Analysis
  • Supplier Pricing Evaluation
  • Cost Management in Volatile Markets
  • Cost Modelling and Should-Cost Analysis
  • Total Cost of Ownership Assessment

Expected Outcomes

  • Distinguish between price analysis and cost analysis and apply each appropriately.
  • Select suitable analysis methods based on contract and market conditions.
  • Analyse cost drivers and develop robust cost models.
  • Assess price fairness and supplier profit margins.
  • Improve pricing and negotiation outcomes in contracts and variations.

Training Topics Index

  • Reducing procurement costs
  • Impact of contract savings on profitability
  • Prioritising cost reduction efforts
  • Supplier pricing models
  • Developing savings hypotheses

  • Cost analysis vs. price analysis
  • Criteria for method selection
  • Price analysis techniques
  • Historical pricing and indices
  • Calculating price adjustments

  • Cost analysis methods and techniques
  • Identifying major cost elements
  • Overheads and profit margins
  • Developing should-cost models
  • Evaluating supplier cost breakdowns

  • Industry and global benchmarking
  • Labour rates and currency effects
  • Total Cost of Ownership models
  • Cost-volume-profit analysis
  • Value analysis techniques

  • Managing contracts under economic volatility
  • Economic adjustment clauses
  • Continuous improvement methodologies
  • Early supplier engagement
  • Reporting and realising savings