Certificate in Finance and Accounting Courses


Certified Cost Professional (CCP)

Introduction:

This course is beneficial to any cost engineer or individual who is working in a cost control or project management environment and wants to grow and advance their knowledge of cost engineering and fast-track their career. The aim of each session is to equip delegates with practical skills and knowledge to become better cost engineers.

Targeted Groups:

  • Everyone who is part of any team that executes industrial projects. 
  • 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.
  • All who are involved in technical projects, cost estimation, cost control and contract review.
  • Those who are associated with project planning and scheduling.

Course Objectives:

At the end of this conference the participants will be able to:

  • Understand what makes up cost i.e., the basic resources (material, labor, etc.) that are needed to perform an activity or create an asset.
  • Learn to set goals and objectives that planned endeavors must meet.
  • Understand the basic steps of a risk management process and risk mitigation.
  • Learn to calculate simple and compound interest rates, as well as solve interest problems using basic single payments, uniform series, and gradient formulas.
  • Become skilled in using earned value to report on past performance and predict future performance.
  • Calculate the feasibility of an investment using various engineering economics tools and techniques.
  • Estimate and measure the progress and performance of a project.
  • Understand the role of effective project management and scheduling for successful project delivery.
  • Understand the basic definitions and terminologies used in the total cost management framework.

Targeted Competencies:

  • Basic cost engineering skills and knowledge
  • Economic analysis
  • Project management
  • Cost estimating and control

Course Content:

Unit 1: The role of the cost engineer

  • Introduction to cost engineering
  • The role of the cost engineer
  • The basics of Total Cost Management (TCM)

Unit 2: Cost estimating methodologies and classifications

  • Cost elements
  • Pricing
  • Material
  • Labour
  • Cost estimating

Unit 3: Statistics, economics, and finance

  • Economic costs
  • Basic engineering economics
  • Statistics and probability

Unit 4: Planning, cost control, and progress measurement

  • Planning
  • Scheduling
  • Progress measurement and earned value
  • Earned value for variable budgets
  • Tracking cost and schedule performance

Unit 5: Cost engineering fundamentals within project management

  • Performance and productivity management
  • Project management fundamentals
  • Project organization structure
  • Project planning
  • Project labour cost control
  • Leadership and management of project people

Unit 6: Cost management, quality management, value management, and contract management

  • Equipment, parts, and tools
  • Activity-based cost management
  • Process and discrete product manufacturing
  • Quality management
  • Value analysis
  • Strategic asset management

Unit 7: Risk management and common cost engineering practices

  • Net present worth and equivalent uniform annual cost or benefit
  • Contracting for capital projects
  • Basic concepts in descriptive statistics
  • Risk management

Sharm El-Sheikh (Egypt)
21 - 25 Jul 2024
3500 Euro
Kuala Lumpur (Malaysia)
29 Jul - 02 Aug 2024
3900 Euro
London (UK)
05 - 09 Aug 2024
5200 Euro
Sharm El-Sheikh (Egypt)
18 - 22 Aug 2024
3500 Euro
Cairo (Egypt)
25 - 29 Aug 2024
3000 Euro
Dubai (UAE)
25 - 29 Aug 2024
3900 Euro
Rome (Italy)
01 - 05 Sep 2024
4900 Euro
Casablanca (Morocco)
02 - 06 Sep 2024
3000 Euro
Online
08 - 12 Sep 2024
1500 Euro
Madrid (Spain)
09 - 13 Sep 2024
4900 Euro
Dubai (UAE)
15 - 19 Sep 2024
3900 Euro
Barcelona (Spain)
16 - 20 Sep 2024
4900 Euro
Kuala Lumpur (Malaysia)
16 - 20 Sep 2024
3900 Euro
London (UK)
16 - 20 Sep 2024
5200 Euro
Lisbon (Portugal)
23 - 27 Sep 2024
4900 Euro
Istanbul (Turkey)
07 - 11 Oct 2024
4200 Euro
Dubai (UAE)
10 - 14 Nov 2024
3900 Euro
Manama (Bahrain)
17 - 21 Nov 2024
3900 Euro
London (UK)
18 - 22 Nov 2024
5200 Euro
Istanbul (Turkey)
24 - 28 Nov 2024
4200 Euro
Kuala Lumpur (Malaysia)
01 - 05 Dec 2024
3900 Euro
Munich (Germany)
09 - 13 Dec 2024
4900 Euro
Amsterdam (Netherlands)
09 - 13 Dec 2024
4900 Euro
Paris (France)
09 - 13 Dec 2024
4900 Euro
Manama (Bahrain)
15 - 19 Dec 2024
3900 Euro
Istanbul (Turkey)
22 - 26 Dec 2024
4200 Euro
Boston (USA)
23 - 27 Dec 2024
5500 Euro
London (UK)
23 - 27 Dec 2024
5200 Euro
Cairo (Egypt)
29 Dec 2024 - 02 Jan 2025
3000 Euro
Online
29 Dec 2024 - 02 Jan 2025
1500 Euro
Geneva (Switzerland)
30 Dec 2024 - 03 Jan 2025
5500 Euro
Amman (Jordan)
05 - 09 Jan 2025
2900 Euro
Paris (France)
06 - 10 Jan 2025
4900 Euro
Rome (Italy)
06 - 10 Jan 2025
4900 Euro
Barcelona (Spain)
13 - 17 Jan 2025
4900 Euro
Kuala Lumpur (Malaysia)
26 - 30 Jan 2025
3900 Euro
Online
09 - 13 Feb 2025
1500 Euro
Madrid (Spain)
24 - 28 Feb 2025
4900 Euro
Online
16 - 20 Mar 2025
1500 Euro
Milan (Italy)
31 Mar - 20 Apr 2025
4900 Euro

Certificate in Finance and Accounting Courses
Certified Cost Professional (CCP) (FA)

 

Mercury dynamic schedule is constantly reviewed and updated to ensure that every category is being addressed at least once a month, if not once every week. Please check the training courses listed below and if you do not find the subject you are interested in, email us or give us a call and we will do our best to assist.