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MKa-SP Understanding Basic Costings for Apprentices and Technicians

  • Duration:
  • Investment: US$ 29
Certificate:

Must complete all lessons

Content

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Description

A basic understanding of costing’s, cost systems, accounting, estimating and time value of money are essential to the success of any business. Whether working in the field undertaking hands-on activities, or operating from an office environment, these key business fundamentals will enable you to ‘talk business’ with your employer and clients alike. If you are looking to broaden your overall business knowledge, or you are pushing for a promotion, this course will help you grasp the basic concepts that underpin every business.

 

WHO SHOULD COMPLETE THIS COURSE

  • Non-Electrical Engineers
  • Building Engineers
  • Stationary Engineers
  • Plant & Facility Managers
  • Mechanics
  • HVAC Technicians
  • Machine Operators
  • Apprentices
  • Alarm Technicians
  • Electricians
  • Multi-craft/Cross Training Personnel
  • Facility Managers

 

COURSE OUTLINE
BASIC ACCOUNTING CONCEPTS

  • Balance sheets
  • Income statements
  • Cash flow statements

 

ESTIMATING AND COSTING        

  • Costing Principles
  • Routines under job costing requirements
  • Economic Production Batch Size
  • Basic steps for solution of problems in process Costing

 

ACTIVITY BASED COSTING SYSTEM

  • Purpose of Estimating
  • Documenting cost estimation- Steps

 

TIME VALUE OF MONEY

  • Time lines
  • Compounding
  • Discounting
  • Cost of capital
  • Hurdle rates
  • Future and present values
  • Annuities
  • Internal Rate of Return (IRR)
  • Capital management and Investment planning process

 

Investment

Plan Name Investment
Unlimited Access for 2 Years: US$ 29

Instructor

Behrouz Ghorbanian

BSc, MSc, MIEAust

Behrouz has completed degree courses in Telecommunications and Electrical Engineering overseas. He also completed his studies in Electrical Utility Engineering at Curtin University in 2004. Behrouz started his career in the oil and gas industry where his role got him involved in the maintenance and repair of electronic and navigational marine equipment (VHF and SSB radios, Sat Nav, engine control panels etc). He then moved to the power industry and was involved in the design, installation, and commissioning of substations mainly for consultancies and utilities. He has also established a good reputation in teaching power system protection over his long term services lecturing at Curtin University, and also over the period he worked as a Protection Engineer in New Zealand.

Over the past years, Behrouz has been involved in many major projects across Australia (Port Hedland, Barrow Island, Tamar Valley, Karratha, and Newman for example). His most recent experience is related to cost estimation and risk assessment of major substation projects with a special focus on the secondary systems (Protection, COMMS, SCADA). He has also worked as an Engineering Manager and Senior Project Engineer on major copper mine projects overseas. Behrouz has also gained good knowledge in substation design, HV cables sizing and installation, transmission system design, earthing system design and applications, and power system protection design and applications.

Courses by this presenter

Name Level Release Date
EN-SP Electrical Power Systems for Non Engineers 31-08-2015
EK-SP Inspection, Testing and Commissioning 08-09-2015
AF-SP Arc Flash Protection for Electrical Safety Professionals 26-08-2015
TF-SP Practical Power Transformers 23-09-2015
AC-SP Practical Fundamentals HVAC 07-10-2015
PT-SP Fundamentals of Process Plant Layout and Piping Design 28-10-2015
PD-SP Practical Power Distribution 18-11-2015
ER-SP Practical Earthing (Grounding), Bonding, Lightning and Surge Protection 19-11-2015
MK-SP Best Practice Electrical Engineering in Mining, Building Industry and Utilities 15-01-2016
MKa-SP Understanding Basic Costings for Apprentices and Technicians 15-01-2016
PS-SP Practical Power System Protection 25-01-2016
EY-SP Fundamentals of Electrical Substation and Switchyard Design 28-01-2016
MEY1-SP Role and configurations of substations, system studies, switchyard technical specifications 10-02-2016
MEY2-SP Fault limiting, PFC, harmonic control, protection design 10-02-2016
MEY3-SP Earthing systems, switchyard lightning protection, control and interlocking 10-02-2016
MEY4-SP Switchyard facility planning, GIS SWGR 11-02-2016
MEY-SP Advanced Electrical Substation and Switchyard Design 11-02-2016
MEY5-SP Overview of MV metal enclosed SWGR, MV substation design & specifications 11-02-2016
DIA4-SP Advanced Industrial Automation - Plant Layout and Piping Design 14-02-2016
DIA-SP Specialized Engineering (Industrial Automation) 25-02-2016
BCIIP-SP Relay Theory and Basic System Protection 16-03-2016
SAK-SP Swiss Army Knife of Videos on Engineering Skills 08-06-2016
EN4-SP Electrical Power Systems - Transformers 01-07-2016
EN5-SP Electrical Power Systems - Earthing Systems 01-07-2016
EN6-SP Electrical Power Systems - Power Protection 01-07-2016
PS6-SP Practical Power System Protection - Feeder Protection 01-07-2016
PS8-SP Practical Power System Protection - Instrument Transformers 01-07-2016
PS18-SP Practical Power System Protection - Generator Protection 01-07-2016
PD2-SP Practical Power Distribution - Overview of Power Distribution 18-11-2015
EN3-SP Electrical Power Systems - Measurements and Applications 01-07-2016
EN12-SP Electrical Power Systems - Power Quality 01-07-2016
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