- Duration: Upto 36 Hours
Course details
Module 1: The Role Of The Cost Engineerpresentation of the AACE certification
introduction to cost engineering
the role of the cost engineer
the basics of Total Cost Management (TCM)
Module 2: Cost Estimating Methodologies And Classifications
cost elements
pricing
material
labor
cost estimating
Module 3: Statistics, Economics, And Finance
economic costs
basic engineering economics
statistics and probability
Module 4: Planning, Cost Control, And Progress Measurement
planning
scheduling
progress measurement and earned value
earned value for variable budgets
tracking cost and schedule performance
Module 5: Cost Engineering Fundamentals Within Project Management
performance and productivity management
project management fundamentals
project organization structure
project planning
project labor cost control
leadership and management of project people
Module 6: Cost Management, Quality Management, Value Management, And Contract Management
engineering
equipment, parts, and tools
activity-based cost management
process and discrete product manufacturing
quality management
value analysis
strategic asset management
Module 7: Risk Management And Common Cost Engineering Practices
net present worth and equivalent uniform annual cost or benefit
contracting for capital projects
basic concepts in descriptive statistics
risk management
Module 8: Comprehensive Cost Engineering Skills And Knowledge Case
assignment 1: discuss estimating plan
assignment 2: class 5 estimate preparation
assignment 3: discuss the basis of estimate preparation
assignment 4: questions on cost elements
assignment 5: economic feasibility of a project
assignment 6: unit conversion
assignment 7: equipment factor estimate
assignment 8: long term cost of ownership
assignment 9: network planning
assignment 10: equipment depreciation
assignment 11: questions on statistics
assignment 12: earned value management
Module 9: Certified Cost Professional (CCP) - RECAP
introduction to the Certified Cost Professional (CCP) certification
recap cost engineering skills and knowledge
basic and applied engineering economics
statistics and probability
basic concepts in descriptive statistics
schedule the AACE certification exam
Certified Cost Professional (CCP) and technical paper submittal requirements
the Certified Cost Professional (CCP) exam
how to write a certification paper
Updated on 10 April, 2023
Eligibility / Requirements
Eligibility Requirements
- 8 years industry related experience or
4 years industry related experience + 4-year industry related college degree - 2,500 minimum word technical paper
- Adherence to AACE's Canons of Ethics
Job roles this course is suitable for:
Cost Engineer , Planning Engineer (Cost Control/Budget) , Cost Control AnalystCourse Location
About YourOwn Institute of Training and Professional Development
Your Own Institute of Training and Professional Development is established in 2021 with the approval from DED and KHDA-Dubai.
A set of experienced Educational Experts, world class Trainers and Professional consultants who know the need and pulse of the working force, are behind this venture. This Institute is developed after doing immense market survey from the working force and the Corporates.
We collected feedback from them and realised what they want exactly to upgrade in their professional career. As the name suggests it is ‘YOUR OWN INSTITUTE’. We are committed 100% Customer happiness. Excellent consultation, career counselling based on TNA and world class training are our highlight. We at YOI, offer you a wide range of Professional courses. Whichever field you are working, we have a course for your Professional Development.
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