AACE Certified Cost Professional Preparatory Course (Online)


Certified Cost Professional (An AACE Certification Prep Course) is a three (3) day course designed to equip experienced practitioners 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 possess the ability to research and communicate aspects of TCM principles and practices to all levels of project or program stakeholders, both internally and externally.



Learning Outcome

Upon completion of this course, participants will be able to:

  • Be familiar with the concept and skills of Contract Management.
  • Gain an in-depth knowledge in Total Cost Management Framework.
  • Be able to manage uncertainty in projects through an effective Risk Management Plan.
  • Have a transformational improvement in their project management skills.
  • Be familiar with the skill and knowledge of cost engineering.

Target Audience

  • Portfolio and Asset Managers.
  • Project Control Managers.
  • Project Controllers.
  • Business Analysts.
  • Cost Estimators.
  • Cost Engineers.
  • System Engineers.
  • Project Managers.
  • Internal Consultants.

Course Content

  • The role of the Cost Estimator.
  • Elements of cost, and analysis.
  • General Estimating Concepts.
  • Estimate Variability.
  • Estimating Algorithms.
  • Quantification.
  • Pricing and Costing.
  • Risk Evaluation and Contingency Determination.
  • Estimate Documentation and Reconciliation.
  • Estimate Review and Validation.
  • Bidding.
  • Budgeting.
  • Project Life Cycle Costing.
  • Cash Flow and Forecasting.
  • Project and Product Costs.
  • Building Information Modeling (BIM)
  • Total Cost Management (TCM) Framework.


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