CCP Preparation Course

Become a Certified Cost Professional (CCP) and master Total Cost Management (TCM)! This program equips experienced practitioners with the advanced skills and knowledge to effectively apply TCM principles across all organizational projects and programs. Learn to optimize project planning, execution, and management for superior results. As a CCP, you'll be able to research and clearly communicate TCM concepts to stakeholders at every level – both within your organization and externally.

Key Skills & Knowledge:

• Cost Engineering Expertise: Develop a deep understanding of cost engineering principles, drawing on resources like the Skills & Knowledge of Cost Engineering, 6th Edition.
• Comprehensive TCM Framework: Gain proficiency in applying the broad principles and best practices of Total Cost Management to drive project success.
• Effective Communication: Learn to articulate TCM concepts clearly and persuasively to diverse audiences.
• Stakeholder Management: Master the art of engaging and influencing stakeholders throughout the project lifecycle.

Course Outline - Explore These Critical Topics:

• Cost Elements: A foundational understanding of all cost components.
• Pricing & Costing: Strategies for accurate pricing and effective costing methods.
• Materials Management: Optimizing material procurement and utilization.
• Labor Cost Control: Effective management of labor costs to maximize efficiency.
• Engineering's Role in Project Success: Understanding the vital contribution of engineering to project outcomes.
• Machinery, Equipment & Tools: Cost considerations for capital assets.
• Economic Cost Analysis: Evaluating the economic implications of project decisions.
• Activity-Based Cost Management: A detailed approach to cost allocation.
• Cost Estimating Techniques: Developing accurate and reliable cost estimates.
• Manufacturing Costing: Understanding costs in process and discrete part manufacturing.
• Project Planning & Scheduling: Creating robust project plans and schedules.
• Earned Value Management (EVM): Tracking project performance and identifying potential issues.
• Performance & Productivity Management: Optimizing project performance and productivity.
• Project Management Fundamentals: A solid foundation in core project management principles.
• Project Organization Structure: Designing effective project organizational structures.
• Project Communication Strategies: Implementing clear and consistent communication plans.
• Quality Management: Integrating quality considerations into project management.
• Value Analysis: Identifying and eliminating unnecessary costs.
• Contracting for Capital Projects: Navigating the complexities of capital project contracts.
• Strategic Asset Management: Managing assets to maximize value.
• Change Management: Implementing effective change management processes.
• Construction Claims & Disputes: Understanding and mitigating potential claims.
• Financial & Cash Flow Analysis: Managing project finances effectively.
• Corporate Investment Decision-Making: Making informed investment decisions.
• Statistics & Probability: Applying statistical methods to project analysis.
• Optimization Techniques: Improving project efficiency through optimization.
• Risk Management Fundamentals: Identifying and mitigating project risks.
• Risk Management Practical Guide: Implementing effective risk management strategies.
• Total Cost Management Overview: A comprehensive overview of TCM.
• International System of Units (SI): Understanding and applying SI units.

Study Materials:

• Skills & Knowledge of Cost Engineering, 6th Edition
• CCP Certification Study Guide, 2nd Edition

Elevate your career with Total Cost Management expertise. Prepare for the CCP certification and become a sought-after professional in project management.