Certified Cost Professional (CCP)

3Targets Certified Cost Professional (CCP) training program will qualify you to participate in the official international Cost Professional certificate exam of AACE, International Association of Cost Engineers.

CCP Workshop

Who is an International Advancement of Cost Engineering (AACE)?

AACE (international) is a non-profit, leading-edge professional society founded in 1956. AACE is the largest association that benefits the entire scope of the cost management profession, with over 9,000 members across the globe in almost 100 countries.
As a member-driven organization, AACE supports members to gain the resources to improve their success throughout their careers.
The AACE international salary survey reveals that getting Certified Cost Professional (CCP) improves your income throughout your career and allows you to level up your career path. With a CCP, you have today’s highest professional standard in the industry.

Who Is a Certified Cost Professional (CCP)?

TCM practices are usable in the planning, executing, and managing any corporate project or timetable. Hence, CCP displays the capacity to study and articulate both internal and external aspects of TCM regulations and methods to all levels of projects or program stakeholders.

Why Should You Get a Certified Cost Professional (CCP) Certificate?

As a part of the executed industrial projects team, Cost Professional training can be very beneficial to you. Expertise in cost control, project engineering, cost estimation, project management, project cost engineering, project control professionals, contract administration, discipline lead, members of the purchasing department, members of a tendering team, and work preparators can use CCP to their advantage. Also, anyone involved in technical projects, cost estimation, cost control, and contract review in their organization and those associated with project planning and scheduling can participate in 3targets courses.
CCP course is valuable to anyone with cost engineer experience or working in a cost control/project management environment who wants to grow their knowledge of cost engineering and rapidly succeed in their project managing career.

You might ask what the added value of a CCP course is on your CV. We will discuss some of these reasons below; the reasons might differ depending on your country or the company you work for. Pay attention to the three universal reasons why it’s worth becoming a certified cost engineer:

Improving Your Hiring Advantages:

Being certified helps you differentiate yourself and improves your hiring advantages over non-certified professionals. If you are looking for a new job, a CCP certification can help you stand out from other non-certified competitors. In the same way, Many recruiters usually aim to consider candidates with an appropriate certificate.

The Knowledge & Dexterity Gaps

Following CCP courses and similar certification courses help you prepare for your exam and make you a better cost engineer. Therefore, you will refresh your knowledge, and it also teaches you the latest insights in project management fields. The preparation process helps you develop your knowledge and skillset, making you more confident about your decisions.

Potential Raise in Your Salary

Cost engineers stated that their wages have increased after receiving a CCP certification. Employers value having accredited specialists and often express this appreciation in the forms of raises and bounces to their employees.

Just as 3Targets offers the following courses and workshops to help you prepare for your exam and make you a better cost engineer.

CCP (Certified Cost Professional) is a certification granted by the Association for Advancement of Cost Engineering (AACE) to individuals who possess fundamental knowledge and expertise in cost and project controls.

According to AACE, these are the eligibility prerequisites for the CCP examination:

Four years industry pertaining experience + 4 year industry-related college degree
2,500 minimum word technical paper
Adherence to AACE’s Canons of Ethics
Eight years industry related experience

Read on to Learn About 3Targets Certified Cost Professional Exam Preparation & Workshops:

Certified Cost Professional Exam Preparation 3Targets Workshop Goals:

The CCP course follows the international cost engineers’ international standards, the AACE. We at 3Target offer CCP workshops and classes to prepare you for the AACE exams.

In these workshops, the main focuses are:

Covering the AACE recommended topics
Working through various sample questions

Additionally, the participants will learn about the technical paper’s prerequisite we mentioned above:

In our CCP workshop, you learn we help you select a topic, structure your article, and use the reference sources to your advantage. These workshops are valuable for individuals who want to learn more about project controls.

Certified Cost Professional (CCP) Course Objectives

Becoming familiar with the project controls process
Formulating a framework to set up and maintain an efficient and effective project controls system
Comprehending the importance of change management processes
Understanding and addressing the practical issues to become more effective in convenient and cost-effective ways of project delivery

3Targets CCP Workshops are Valuable For:

Those who plan to participate in the certified cost professional exam and want to minimize their study time and speed up the learning process
Individuals who want to obtain a general knowledge of cost and project controls
Project managers, project controls personnel, engineering managers, construction managers, lead engineers, and similar roles

Certified cost professional course outline

Section 1: Cost

Cost Elements
Pricing
Materials
Labor
Engineering
Equipment, Parts and Tools
Economic Costs
Activity-Based Cost Management

Section 2: Cost Estimating

Estimating
Process Product Manufacturing
Discrete Product Manufacturing

Section 3: Planning & Scheduling

Planning
Scheduling

Section 4: Progress & Cost Control

Progress Measurement and Earned Value
Earned Value for Variable Budgets
Tracking Cost and Schedule Performance
Performance and Productivity Management

Section 5: Project Management

Project Management Fundamentals
Project Organization Structure
Project Planning
Project Labor Cost Control
Leadership and Management of Project People
Quality Management
Value Analysis
Contracting for Capital Projects
Strategic Asset Management

Section 6: Economic Analysis

Basic Engineering Economics
Applied Engineering Economics

Section 7: Statistics, Probability, & Risk

Statistics & Probability
Basic Concepts in Descriptive Statistics
Risk Management

Certified Cost Professional (CCP) – examination:

CCP examination can be intimidating if you are not well prepared for it. The CCP exam is a closed-book exam that tests four modules, consists of 120 questions, and takes 5 hours.

The CCP exam has two segments:

the multiple-choice exam
2,500-word technical paper

To pass the exam, you need an overall score of 70%.

These are the four modules of the CCP examination:

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

It is obligatory to submit the technical paper to enroll in the Certified Cost Professional exam. Your instructors will inform you about inappropriate topics and help you set up a good framework for your article. Also, they will consider your paper, provide feedback and make sure it is written according to the AACE standards.

Certified Cost Professional (CCP) Certification Maintenance:

Every three years after receiving your CCP certificate, you need to recertify it. You need to have at least 15 recertification units over three years to qualify for the recertification.

FAQs :

CCP

How do you become a CCP?

To become a Certified Cost Professional (CCP) you must have at least 8 years of professional experience

How is the CCP workshops conducted ?

Its online workshops so you can attend wherever you are and based on your timetable.

Is a CCP worth IT?

There is no doubt that obtaining Certified Cost Professional sonal certification is worth the investment in time and money for professionals seeking a long-term career progress.

what is certified cost professional ?

A Certified Cost Professional (CCP) is a trained practitioner with cutting-edge understanding and specialized expertise to use the general principles and best practices of Total Cost Management (TCM). TCM practices are usable in the planning, executing, and managing any corporate project or timetable. Hence, CCP displays the capacity to study and articulate both internal and external aspects of TCM regulations and methods to all levels of projects or program stakeholders.

Certified Cost Professional (CCP) | Workshop | Training