Certified Cost Professional is an experienced practitioner with advanced knowledge and technical expertise to apply the broad principles and best practices of Total Cost Management (TCM) in the planning, execution, and management of any organizational project or program.
CCPs also demonstrate the ability to research and communicate aspects of TCM principles and practices to all levels of project or program stakeholders, both internally and externally.
This course designed to prepare you for the official international Cost Professional certificate of the AACE, the International Association of Cost Engineers.
The Certified Cost Professional (CCP) course will teach you the techniques of estimating, planning and cost control for the various stages of an industrial project.
Having this knowledge will kick-start your career.
The certification course follows the international standards set by the global organization of cost engineers, the AACE.
The course allows you to take the necessary steps towards becoming a Certified Cost Professional (CCP). The Certified Cost Professional (CCP) designation is one of the most recognized certifications in the cost engineering and costs management domain globally.
Certified Cost Professional (CCP) and Certified Cost Technician (CCT) – differences
The AACE international portfolio of certificates includes a Technician (Certified Cost Technician) and a Professional (Certified Cost Professional) level.
The initial difference between the two is the minimum years of experience and level of education, required to be eligible to take one of both exams.
A significant difference is – apart from the contents of the exam – the technical paper you have to write before you can enroll for the Certified Cost Professional (CCP) exam.
Depending on your experience and qualifications, you could choose to do the Certified Cost Technician (CCT) exam rather than the more advanced Certified Cost Professional (CCP) exam.
You might be interested in another Project Management programs as a next step.
A CCP is an experienced practitioner with advanced knowledge and technical expertise to apply the broad principles and best practices of the Total Cost Management (TCM) framework.
Explicitly covering aspects of Cost Engineering this certification also includes the broader integration of Project Controls incorporating Cost Estimating, Planning & Scheduling, Cost Control and Risk Management. CCP’s also demonstrate the ability to research and communicate aspects of the TCM principles and practices to all levels of a project or program, both internally and externally.
What this course provides in addition to helping you prepare for CCP certification, this course will also provide you with a comprehensive understanding of skills and knowledge based upon AACE International body of expertise in the field of Planning and Scheduling.
To become a Certified Cost Professional (CCP) you must have at least 8 years of professional experience. Of those 8 years, 4 years of appropriate college-level/academic education count as acceptable professional experience.
You have to pass the technical paper submittal and have to agree with the Code of Ethics of the AACE and the profession of Cost Professional. You must also satisfy continuing certification requirements.
5 hours maximum
120 simple multiple choice and compound, scenario questions
Closed Book – onscreen formula sheet(s) will be available for use
Any style, battery operated calculator permitted
presentation of the AACE certification
introduction to cost engineering
the role of the cost engineer
the basics of Total Cost Management (TCM)
basic engineering economics
statistics and probability
progress measurement and earned value
earned value for variable budgets
tracking cost and schedule performance
performance and productivity management
project management fundamentals
project organization structure
project labor cost control
leadership and management of project people
equipment, parts, and tools
activity-based cost management
process and discrete product manufacturing
strategic asset management
net present worth and equivalent uniform annual cost or benefit
contracting for capital projects
basic concepts in descriptive statistics
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
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
Microsoft Word Advanced Microsoft Word Advanced course is the course for you if you need to produce well-defined Forms and work with large Documents. Our Microsoft Word Advanced course is suitable for those with a sound working knowledge of.....View Detail
Microsoft Word Intermediate Microsoft Word Intermediate course designed to take your PC skills from Basic all the way to Advanced level, one step at a time. You’ll learn how to be active and efficient in your everyday work, with a thorough.....View Detail
Microsoft Word Basic Microsoft Word Basic is an introduction to Microsoft Word 2016 course designed for students new to working with Microsoft Word in Windows. Microsoft Word has made word processing so simple that no one even calls it.....View Detail
Certified Associate in Project Management (CAPM) Certified Associate in Project Management (CAPM) is an asset that will distinguish you in the job market and enhance your credibility and effectiveness working on — or with — project.....View Detail
Internet of Things (IoT) Internet of Things (IoT) - Build Your Internet of Things. Learn the creation of the Internet of Things products and services in our courses. Design, create and deploy a fun IoT device. The Internet of Things (IoT) .....View Detail
Microsoft PowerPoint Advanced Microsoft PowerPoint Advanced. In any stand-up presentation, there are two critical components to an excellent presentation, your delivery, and your slides. They require two different sets of skills. This.....View Detail
Microsoft PowerPoint Intermediate Microsoft PowerPoint Intermediate class goes beyond the basics of creating a design template presentation with text and clip art. Delivering a presentation in the office to your colleagues and bosses or.....View Detail
Microsoft PowerPoint Basic Microsoft PowerPoint Basic - Want to create effective PowerPoint presentations but don’t know where to start? Whether you are new to PowerPoint or have some experience and want to improve your skills, this course.....View Detail
Microsoft Excel Basic Microsoft Excel Basic. Brand-new to Excel? Welcome aboard! If you're new to Excel, it's essential to learn the basics - in the right order. This is an Introduction to Microsoft Excel 2016 training course; students will.....View Detail
Motivational Skills Motivational Skills - Discover Key Factors for Building a Motivated Team. Managers everywhere want teams that are effective, focused and committed to organizational goals. With a team like this, think of the performance.....View Detail