Boost
Boost

The Advanced Certificate in Cost Engineering (ACCE)

PMCM-311

Course Code

5 Days

Duration

4

Upcoming Dates

Download Brochure
Sector Logo

Sector Name

Project & Contract Management

Send by WhatsApp
02 Nov 2026 | 06 Nov 2026
Abu Dhabi, UAE
$4,250
Limited Seats
10 Jan 2027 | 14 Jan 2027
Riyadh, KSA
$4,250
Upcoming
24 May 2027 | 28 May 2027
Dubai, UAE
$4,250
Upcoming
09 Aug 2027 | 13 Aug 2027
Cape Town, South Africa
$4,950
Upcoming

Course Introduction

Any engineering project must be not only physically realizable but also economically affordable. Understanding and applying cost principles to engineering has never been more important. Beyond function and performance, solutions must also be viable economically. Design decisions affect limited resources such as time, material, labor, capital, and natural resources, not only initially (during conceptual design) but also through the remaining phases of the life cycle (e.g., detailed design, manufacture and distribution, service, retirement and disposal) This training course is designed to help participants gain valuable insights and skills needed to estimate costs accurately.
 

Business case analysis and evaluation
 

This course will focus on topics such as cost estimating methods and challenges, business case analysis and evaluation, and project management issues. 

Course Objectives

  • Gain a comprehensive understanding of the different types of cost concepts and designs
  • Identify and apply the various methods used to gauge cost estimates
  • Understand the time value of money over a project term 
  • Evaluate Projects with the Benefit−Cost Ratio Method 
  • Understand the importance of sensitivity analysis, break even, and profit territory 
  • Know the importance of risk and how to manage associated risks
  • Learn about planning your capital budget and the key factors in the decision-making process. 
The Advanced Certificate in Cost Engineering (ACCE)