Course Overview
Cost Estimation And Analysis training courseis designed to familiarize participants with the basics and patterns of cost estimation, where cost analysis is of great importance in cost accounting. This importance derives from the extent of management's focus on this behavior and the extent of its direct impact on its related management decisions.
The course also aims to enable the participants to apply different methods and methodologies of cost analysis for what requires mastery of cost estimation and analysis. A solid foundation of cost knowledge is woven with a variety of cost experiences.
Course Objective
- Introduce participants to cost estimation basics
- Introduce participants to cost estimating techniques
- Introduce participants to parametric estimation
- Learn about cost analysis techniques
- Learn about the analytical methods in detail
- Learn about manufacturing cost estimation
- Learn about software cost estimation
- Introduce participants to management applications
Who Should Attend??
Financial managers or directors, accountants, financial assistants, budget accountants, analysts, budget and planning managers and coordinators, operations managers, facilities managers and professionals interested in cost management.
Course Outline
- Cost estimation basics
- Costing techniques
- Parametric estimation
- Cost analysis techniques
- Analytical methods
- Manufacturing cost estimating
- Software cost estimating
- Management applications
Training Methodology
- Presentation & Slides
- Audio Visual Aids
- Interactive Discussion
- Participatory Exercise
- Action Learning
- Class Activities
- Case Studies
- Workshops
- Simulation