Certified Cost Professional (CCP®)

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Categories Project Management

Certificate of Completion

About Course

The Certified Cost Professional (CCP) training course prepares participants for the AACE International's CCP certification, which is one of the most recognized credentials in the cost engineering and management field. The course covers advanced knowledge and technical expertise in Total Cost Management (TCM), cost estimating, planning, and cost control. Participants will also learn about risk management, quality management, and contract management, equipping them with the skills to manage costs effectively throughout the lifecycle of a project or program.

Role of the Cost Engineer: Understand the responsibilities of a cost engineer and the principles of Total Cost Management (TCM).
Cost Estimating Methodologies: Learn about cost elements, pricing, and various estimating techniques.
Statistics, Economics, and Finance: Gain knowledge in basic engineering economics, statistics, and probability.
Planning and Cost Control: Master planning, scheduling, progress measurement, and earned value management.
Project Management Fundamentals: Understand performance and productivity management, project organization, and leadership in project environments.
Cost and Quality Management: Explore cost management, quality management, value management, and contract management within projects.
Risk Management: Learn risk management principles and common cost engineering practices.
Exam Preparation: Prepare for the CCP exam with a comprehensive review of cost engineering skills and knowledge, including technical paper requirements.

Course Curriculum

Module 1: The role of the cost engineer
Overview of AACE certification, introduction to cost engineering, and the basics of Total Cost Management (TCM).

Module 2: Cost estimating methodologies and classifications
Discussion on cost elements, pricing, materials, labor, and cost estimating techniques.

Module 3: Statistics, economics, and finance
Introduction to economic costs, basic engineering economics, and statistics and probability.

Module 4: Planning, cost control, and progress measurement
Covers planning, scheduling, progress measurement, earned value management, and performance tracking.

Module 5: Cost engineering fundamentals within project management
Focus on project management fundamentals, including project labor cost control, leadership, and management.

Module 6: Cost management, quality management, value management, and contract management
Topics include activity-based cost management, quality management, value analysis, and strategic asset management.

Module 7: Risk management and common cost engineering practices
Covers net present worth, contracting for capital projects, descriptive statistics, and risk management.

Module 8: Comprehensive cost engineering skills and knowledge case
Practical assignments covering estimating plans, economic feasibility, network planning, and earned value management.

Module 9: Certified Cost Professional (CCP) – exam preparation
Preparation for the CCP exam, including technical paper submittal requirements and a recap of cost engineering skills.

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Certified Cost Professional (CCP®)

About Course

What I will learn?

Course Curriculum

Module 1: The role of the cost engineer Overview of AACE certification, introduction to cost engineering, and the basics of Total Cost Management (TCM).

Module 2: Cost estimating methodologies and classifications Discussion on cost elements, pricing, materials, labor, and cost estimating techniques.

Module 3: Statistics, economics, and finance Introduction to economic costs, basic engineering economics, and statistics and probability.

Module 4: Planning, cost control, and progress measurement Covers planning, scheduling, progress measurement, earned value management, and performance tracking.

Module 5: Cost engineering fundamentals within project management Focus on project management fundamentals, including project labor cost control, leadership, and management.

Module 6: Cost management, quality management, value management, and contract management Topics include activity-based cost management, quality management, value analysis, and strategic asset management.

Module 7: Risk management and common cost engineering practices Covers net present worth, contracting for capital projects, descriptive statistics, and risk management.

Module 8: Comprehensive cost engineering skills and knowledge case Practical assignments covering estimating plans, economic feasibility, network planning, and earned value management.

Module 9: Certified Cost Professional (CCP) – exam preparation Preparation for the CCP exam, including technical paper submittal requirements and a recap of cost engineering skills.

Student Ratings & Reviews

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