Certified Cost Professional Exam (CCP) Preparation Training
Schedule & Fees
Start Date:
02 Sep 2024
End Date:
06 Sep 2024
Venue:
London
Fees:
6100€
Select Other "city & date"
Certified Cost Professional Exam (CCP) Preparation Training Course
Introduction:
This program focuses on advanced project risk management, aiming to reduce project cost and schedule overruns while enhancing overall project execution. Advanced project management revolves around effectively managing risks, capitalizing on opportunities, mitigating threats, and optimizing outcomes. Unfortunately, risk management is often approached reactively or neglected altogether.
In the Project Risk Management course, we prioritize a proactive approach to addressing both threats and opportunities. The course emphasizes a comprehensive understanding of qualitative and quantitative risk management methodologies. By following a proven six-step risk management process, participants will learn how to examine risks from both a top-down and bottom-up perspective. This includes evaluating and responding to risks at both the project and task levels.
As risk can never be entirely eliminated from a project, project managers must anticipate potential causes of cost and schedule overruns, as well as poor quality of work. By identifying early warning signs and taking timely corrective action, the impact of these risks can be minimized or mitigated. Clear definition of the project scope is essential for budget approval, requiring the identification, assessment, and quantification of risks to determine cost and schedule contingencies. These contingencies are then controlled using effective risk management techniques.
The program's content aligns with the Project Body of Knowledge (PMBOK® Guide) published by the Project Management Institute (PMI). By participating in this course, attendees will gain valuable knowledge and skills to enhance their risk management capabilities, ultimately contributing to successful project execution and improved project outcomes.
Course Objectives:
- Grants your professional credentials by providing an impartial endorsement of your knowledge and expertise.
- Shows your professional commitment and ability to perform to your peers, supervisors, and clients.
- Results in greater recognition from peers for taking that extra step in your professional development.
- Enhances your professional image by developing certified professionals who stand out as examples of excellence.
- Reflects your personal achievement of proving excellence in your field and meet industry standards and requirements.
- Can improve career opportunities by giving you the “edge” when being considered for a promotion or other opportunities.
- May provide for greater earnings potential through salary and wage increases based on your certification status.
- Improves your skills and knowledge through training, study, and “keeping up” with the industry via the recertification requirements.
- Prepares you for greater on-the-job responsibilities by proving that you have invested in your own professional development.
- Enriches self-esteem by allowing you to distinguish yourself beyond your job title or academic degree.
Who Should Attend?
- Chief Executive Officers
- Finance Managers
- Human Resources Managers
- Project Managers
- Engineers and Planners
- Information Technology Managers
- Anyone interested in Cost Control
- Anyone interested in operations optimization
Course Outlines:
Cost
Cost Elements, Pricing, Material, labor, Engineering, Equipment, Parts and Tools, Economic Costs, Activity-Based Cost Management
Cost Estimation
Estimating, Process Product Manufacturing, Discrete Product Manufacturing
Planning and Scheduling
Progress & Cost Control
Progress Measurement and Earned Value, Earned Value for variable Budgets, Tracking Cost & Schedule Performance, Performance and Productivity Management.
Project Management
Project Management, Project Organization Structure, Project Planning, Project Laboure Cost Control, Leadership and Management of Project People, Quality Management, Value Analysis, Contracting for Capital Projects, Strategic Asset Management
Economic Analysis
Basis Engineering Economics, Applied Engineering Economics
Statistic, Probability & Risks
Statistic & Probability, Basic Concept in Descriptive Statistic, Risk Management
Technical Paper, Guidelines & Review