AACE Certified Cost Professional Certification CCP Videos

Description

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 Association for the Advancement of Cost Engineering (AACE International). 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.

Memo Writing in CCP Exam Explained in Details in Module-1 Video

The AACE believes that Multiple Choice Questions are not enough to test the candidate's ability to communicate ideas and perform an analysis. In the past, a technical paper that consisted of at least 2,500 words was a requirement to earn the CCP certification. However, as of December 2023, the AACE announced that the technical paper would be replaced with a memo question as part of the exam. The AACE also announced that the new exam structure will reflect these changes by the end of April or May 2024.

In the memo question, candidates will be tested in the following areas:

• Candidate’s ability to communicate effectively and efficiently with a project manager or other executive.

• Candidate’s ability to perform analysis and make a recommendation with incomplete or conflicting information.

• Candidate’s ability to follow instructions and formatting

What You Will be Learning:

• CCP Video Module No.1 - Cost Section-I

• CCP Video Module No.2 - Cost Section-I (Continue)

• CCP Video Module No.3 - Estimation Section-II

• CCP Video Module No.4 - Process Product Manufacturing Section-II

• CCP Video Module No.5 - Planning and Scheduling Section-III

• CCP Video Module No.6 - Progress & Cost Control Section-IV

• CCP Video Module No.7 - Project Management Section-V

• CCP Video Module No.8 - Project Management Section-V (Continue)

• CCP Video Module No.9 - Economic Analysis, Statistics, Probability and Risk Section-VI

• CCP Video Module No.10 - Economic Analysis, Statistics, Probability and Risk Section-VI (Continue)

• CCP Video Module No.11 - FIDIC Contract Explanation, & FIDIC Books introduction

What is a Certified Cost Professional (CCP)?

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. 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.

Who this course is for:

• Cost Controllers
• Engineers
• Quantity Surveyor
• Contracts Administrator
• Cost Engineer
• Contracts Manager
• Engineer
• Construction Manager
• Project Manger
• Cost Director
• Project Director