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Home All Courses CCP Certified Cost Professional
4.8

CCP Certified Cost Professional

1 alternative location(s) available

Course Overview

This course is beneficial to any cost engineer or individual who is working in a cost control/project management environment wanting to grow and advance their knowledge of cost engineering, and fast track their career. The aim of each session is to equip delegates with practical skills and knowledge to become better cost engineers.
It is more than just a course to make delegates pass a certification exam.
A CCP is an experienced practitioner with advanced knowledge and technical expertise to apply the broad principles and best practices of the TCM framework. Specifically covering aspects of Cost Engineering this certification also includes the wider 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.
The course teaches all the material that is required for delegates to sit the Certified Cost Professional challenging exam.

1 alternative location(s) available

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5 Key Takeaways

1

Understand what makes up cost i.e., the basic resources (material, labor, etc.) that are needed to perform an activity or create an asset.

Learn to set goals and objectives that planned endeavors must meet.

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Understand the basic steps of a risk management process and risk mitigation.

Learn to calculate simple and compound interest rates, as well as solve interest problems using basic single payments, uniform series, and gradient formulas.

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5

Become skilled in using earned value to report on past performance and predict future performance.

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See What’s Inside Our 2020 Catalog

Course Outline

MODULE 1

Cost Due to the importance of the term “cost”, the basic anatomy of costing is discussed in this module.

  • What makes up cost i.e., the basic resources (material, labor, etc.) that are needed to perform an activity or create an asset.
  • The distinction between cost elements that are directly and indirectly applied to an asset.
  • Cost elements to the life cycle of the asset i.e., acquisition, use, and disposal.
  • Cost elements to further understand how cost is measured, applied and recorded to arrive at the total activity and/or asset cost.

MODULE 2

Cost Estimating Project success cannot be supported without accurate knowledge of the cost limits to which the project must be controlled.

  • Common industry classifications of cost estimates.
  • Common methodologies applied to prepare cost estimates of the various classifications.
  • Risk analysis techniques to determine appropriate contingency for an estimate.

MODULE 3

EDUCATIONAL PARTNER

LEORON - Professional Development Institute

Built upon the strong experience in the manufacturing sector, which the founders developed in Sweden during the 90’s global expansion, LEORON evolved into a comprehensive training institute, offering training and development solutions in all strategic corporate functions, including corporate finance, HR, SCM, operations, and engineering.

With strategic distribution of our offices in leading locations, such as Dubai, Riyadh, Jonkoping, Skopje, Accra, and Almaty, our team of experts delivers approximately 500 courses annually, and roughly 10000 professionals are equipped with appropriate education and the latest insights in a wide assortment of industries across the EMEA region.

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Who Should Attend?

This highly practical and interactive course has been specifically designed for:

This training is designed for: Project Managers, Planners, Schedulers and Controllers; Cost Engineers; PMO Managers; and line or front managers, site engineers and cost control factory accountants.

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FREQUENTLY ASKED QUESTIONS

Most of our public courses are delivered in English language. You need to be proficient in English to be able to fully participate in the workshop and network with other delegates. For in-house courses we have the capability to train in Arabic, Dutch, German and Portuguese.

LEORON Institute partners with 20+ international bodies and associations.
We also award continuing professional development credits (CPE/PDUs) for:
1. NASBA (National Association of State Boards of Accountancy)
2. Project Management Institute PDUs
3. CISI credits
4. GARP credits
5. HRCI recertification credits
6. SHRM recertification credits

The deadline to register for a public course is 14 days before the course starts. Kindly note that occasionally we do accept late registrations as well, but this needs to be confirmed with the project manager of the training program or with our registration desk that can be reached at +971 4 447 5711 or [email protected].

The course fee covers a premium training experience in a 5-star hotel, learning materials, lunches & refreshments, and for some courses, the certification fee and membership with the accrediting bodies.

Yes, we can provide discounts for group bookings. If you would like to discuss a discount on a corporate level, we will be happy to talk to you.

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