CERTIFIED ESTIMATING PROFESSIONAL COURSE
Certified estimating professional course is a professional with vital expertise to contribute to the economic evaluation of potential projects by supporting the development of budgets, project resource requirements and value engineering. By applying the estimating body of knowledge outlined in AACE’s Recommended Practice 46R-11, the Certified estimating professional estimates costs of a determined scope to advise management on project funding decisions. Â
Overview
Curriculum
Curriculum
- 5 Sections
- 38 Lessons
- 3 Days
Expand all sectionsCollapse all sections
- Cost, Pricing and Cost Estimation9
- Cost Estimating Professional4
- Planning, Scheduling, Progress and Cost Control11
- 3.1Progress Measurement and Earned Value
- 3.2Earned Value for Variable Budgets
- 3.3Tracking Cost and Schedule Performance
- 3.4Performance and Productivity Management
- 3.5Understanding Time Management Environment
- 3.6The three major independencies
- 3.7Introduction to Networks tools and techniques (AON – AOA)
- 3.8Precedence Diagram Method (PDM) the philosophy and the art
- 3.9Arrow Diagram Method (ADM) the philosophy and the art
- 3.10Activity duration estimates (CPM – PERT – Monte Carlo)
- 3.11Crashing and Fast Tracking
- Project Management and Economic Analysis11
- 4.1Project Management Fundamentals
- 4.2Project Organization Structure
- 4.3Project Planning
- 4.4Project Labor Cost Control
- 4.5Leadership and Management of Project People
- 4.6Quality Management
- 4.7Value Analysis
- 4.8Contracting for Capital Projects
- 4.9Strategic Asset Management
- 4.10Basic Engineering Economics
- 4.11Applied Engineering Economics
- Statistics, Probabilities and Risk3
FAQs
This course is aimed at:
Project manager / director;
Finance project executive / manager;
Project engineer;
Quantity Surveyors
Cost estimator;
Project cost engineer;
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 planning and contract review in their organizations.
5 hours maximum
119 simple, multiple choice and compound, scenario questions
1 memo writing assignment with a given scenario and instructions for writing a response in an onscreen text box
Closed Book
Any style, battery operated calculator permitted (not provided by the testing center)
8 years industry related experience or
4 years industry related experience + 4-year industry related college degree
Adherence to AACE’s Canons of Ethics
Features
- JK Michaels is a PMI accredited ATP(Authorized Training Partner)
- Earn 30 PDUs with Practical, live instructor led sessions
- Ace the exam with 30 day, 60 day study plan by experts 2000 Free exam simulation question bank
- Introduction to predictive and Agile software(microsoft project +JIRA) Poject Leadership Quotients Assessment
- Regular monthly webinars,revisions and exam support.
- Action-oriented learning through case studies,role plays ,games e.t.c






