Hands-On Seminar Istanbul 2025

This event focuses on the practical application of the CostFact system in shipbuilding: After a brief introduction, the participants will work on typical estimation tasks on provided laptops with preinstalled full versions of the CostFact software. The attendees will be guided through all major features of this shipbuilding-tailored solution and learn how it can support their own estimation tasks.

Topics are:

• Set up new project estimates within the Shortest Possible Time
• Combine Top-Down and Bottom-Up costing approaches
• Reuse Existing Information from previous projects.
• Use Parametric Costing for cost prediction
• Calculate and quote Options and Change Orders
• Optimise the Selection of Supplier Quotations
• Calculate Ship Programs (ship series) including non-recurring cost, learning curves and cost escalation
• Use Different SWBS-Codes within one project
• Calculate Cash Flow and Revenues
• Derive cost norms by Statistical Analyses of existing projects (CERs, Norms and Regression Functions)
• Incorporate the Specification (both Client Specification and Statement of Work) into the estimate
• Assess the Reliability of Cost Predictions and calculate the prospective forecast error
• Realize the Price-to-Win strategy
• Gain a new cost view by Capability Costing
• Calculate Life Cycle Costs with Different Scenarios
• Create multiple Reports & Exports

The event takes place in Istanbul on December 16, 2025. The attendance requires a registration by December 1, 2025 (event@costfact.com).

Download detailed information and registration form.