A 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.
DurationA 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.
Specifically covering aspects of cost engineering, the Certified Cost Professional (CCP) certification also includes the wider integration of project controls incorporating cost estimating, planning & scheduling, cost control and risk management.
Certified Cost Professionals also demonstrate the ability to research and communicate aspects of Total Cost Management principles and practices to all levels of a project or program, both internally and externally.
The Certified Cost Professional (CCP) certification will demonstrate that you are a cost professional who has the skills, experience and knowledge necessary to make a positive impact on revenues for your organization.
Learning Outcome
The Certified Cost Professional (CCP) training 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 training follows the international standards set by the global organization of cost engineers, the AACE. The training 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 cost management domain globally.
About the Association for Advancement of Cost Engineers (AACE)
AACE (international) is a non-profit, leading-edge professional society, founded in 1956. AACE is the largest organization serving the entire spectrum of the cost management profession.
It is a member-driven organization that is serving the profession around the world. Members get the resources to enhance their success over the span of their career. There are over 9,000 members around the world, in almost 100 countries.
The AACE international salary survey reveals that Certified Cost Professionals (CCPs) earn more throughout their whole career than those without certification.
When you get your cost certification, you show that you have today’s highest professional standard in the industry.
Course Information: 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 AACE and the profession of cost professional. You must also satisfy continuing certification requirements.
Prerequisites to become a Certified Cost Professional (CCP)
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 AACE and the profession of cost professional. You must also satisfy continuing certification requirements.
Who should attend the Certified Cost Professional training?
The Certified Cost Professional (CCP) training is suitable for everyone who is part of any team that executes industrial projects.
The course is aimed at cost controllers, project engineers, (cost) estimators, project managers, project cost engineers, project control professionals, contract administrators, discipline leads, members of the purchase department, members of a tendering team, work preparators and all who are involved in technical projects, cost estimation, cost control and contract review in their organization as well as those who are associated with project planning and scheduling.
Certified Cost Professional (CCP) – examination
The Certified Cost Professional examination is a broadly desired and demanding examination. The exam can be daunting if you are not prepared well.
The CCP exam is a closed-book exam, tests 4 modules, consists of 120 questions and takes 5 hours. The Certified Cost Professional (CCP) exam contains 2 components:
the multiple-choice exam and the 2,500 word technical paper. To pass the exam you must meet the minimum overall score of 70%. The 4 modules that are tested on your CCP examination are:
Basic cost engineering skills and knowledge
Economic analysis
Project management
Cost estimating and control
Certified Cost Professional (CCP) – study materials
You will receive the AACE international Certified Cost Professional (CCP) certification Study Guide, AACE’s Recommended Practices, AACE’s Skills & Knowledge of Cost Engineering and AACE’s Total Cost Management Framework. Moreover, you will receive exclusive documentation from your instructors.
Horizons International is pleased to introduce itself as a professional project management and construction management services firm that provides project management consulting for the construction industry, management training courses, resources, and tools to corporate and business clients to improve project performance.
Our primary goal is to provide professional project management services and train clients/owners in the engineering and construction industry, architecture, the environment, and many other industries based in the United Kingdom and Gulf countries.
Vision
With our expertise in construction management and training, we want to become the industry leader in customer satisfaction.
Mission
To identify, understand, promote, and give the proper blend of knowledge and skills to professionals and corporate houses through quality training and superior customer service.
Value
If people strive to unlock their full potential, they will certainly achieve more for themselves and their organisations. Teamwork ensures shared ownership and individual empowerment.
Why Horizons International Project Management UK
Horizons IPM UK provides individualised training and consultancy, and clients can request bespoke courses that meet their needs. Our primary advantage and strength are the skill sets of our consulting professionals, who have corporate, industrial, academic, and worldwide credential certificates; this helps our consultants understand and serve more professionals.
Our project management consulting services will help you achieve the project goals via various tools we provide to project managers to increase their performance.
Our expert consultants have 15–25 years of experience managing international projects and offer substantial industry insight.
Our training division offers public and tailored in-house management courses based on international standards and practices.
Horizons IPM UK provides international standard management training to help professionals accomplish their career goals through internationally recognised certifications to increase confidence, clarity, and sustained performance.
The effective management of budgeting and cost control is crucial for project/process-based organizations. Nowadays, if contemporary organizations want to stay competitive, they are urged to think in terms of process-value added to customers/shareholders.
Now, more than ever, organisations need to ensure they are financially sustainable. An excellent budgeting process is a crucial tool to achieve this.
This unit is about the use of budgeting for planning, coordinating and authorising the activities of an organisation and for controlling costs.
It examines estimating techniques relevant to different stages of the project’s life, how to derive the overall cost and timescale of the project and how to match that with the required limitations.
This highly practical and interactive one-day course will clearly explain the purpose of the budget in controlling costs and forecasting financial and operational performance and planning.
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