
This is an introduction to CCP certification & its content. Learning objective is to understand, basics of total cost management & application of tools & techniques in it. We will learn the process to obtain CCP certification along with guidelines to write a technical paper & prepare for exam
Explore cost elements, including direct, indirect, fixed, and variable costs, and learn estimation, forecasting, lifecycle cost, and cost accounting for asset and project optimization.
Analyze direct vs indirect labor, including on-site and home office staff, and explain how fringe benefits, overtime, overhead, and profit shape the fully loaded billing rate.
Explore machinery and equipment valuation, including replacement and market values, various liquidation scenarios, data sources, and factors shaping residual value and inflation adjustments.
Analyze economic cost using time-value methods to compare alternatives and select feasible projects. Explore opportunity costs, depreciation, inflation, taxes, and cost–benefit metrics like npv, payback, and benefit-cost ratio.
learn to perform operating and manufacturing cost estimates to assess profitability, covering variable and fixed costs, depreciation, amortization, byproduct credits, utilities, labor, contingencies, capital costs, and distribution.
Define objectives and develop a future oriented plan by gathering information, evaluating feasible alternatives, and communicating and implementing the plan with focus on cost, schedule, and quality.
Analyze how performance and productivity management identifies inefficiencies, minimizes waste, and boosts profits through metrics like the success index, productivity index, and earned value concepts.
Explore fundamentals of project management, defining a project and applying integrated processes to manage time, cost, quality, procurement, risk, and communication across programs and portfolios.
Explore project organization structures, functional and matrix variants, and how project managers allocate resources, coordinate cross-functional teams, and apply Deming’s quality management concepts for reimbursable contracts.
Explore how to manage project communications by identifying stakeholders, setting expectations, and selecting channels to suit influence and interest, using active listening, feedback, and effective written and virtual team practices.
Chapter 19 links labor cost control to productivity drivers, showing wage times quantities predict cost. Planning and control narrow cost outcomes; location, complexity, leadership, and tool availability shape productivity.
Identify stakeholder needs and expectations to drive project quality; explain conformance, precision, accuracy, and the cost of quality with tools like control charts and flowcharts.
Explore twenty-six common construction claims and disputes, including change orders, delays, suspensions, force majeure, and termination, plus methods to analyze entitlement, damages, and dispute resolution.
Apply time value of money to cash flow analysis and capital budgeting. Evaluate investments using net present value and internal rate of return, considering depreciation, salvage value, and taxes.
Bridge investment decision making and economic analysis by teaching project teams to present front-end loading concepts to senior executives for funding.
Learn how to maximize profit through linear programming under constraints, using an example with three- and four-bedroom homes, and explore Monte Carlo simulation and sensitivity analysis for risk assessment.
Explore risk management, including risk types and risk premium, and apply SWOT, EMV analysis, decision trees, Monte Carlo simulations, and sensitivity analysis to plan and mitigate risk.
Explore how total cost management integrates strategic asset management and project control. Trace the asset and project lifecycles, from ideation to termination, and highlight value and risk management.
INTRODUCTION TO CCP CERTIFICATION
SECTION 1 – COST
Chapter 1: Cost Elements
Chapter 2: Pricing and Costing
Chapter 3: Materials
Chapter 4: Labor
Chapter 5: Engineering Role and Project Success
Chapter 6: Machinery, Equipment, and Tools
Chapter 7: Economic Cost
Chapter 8: Activity-Based Cost Management
SECTION 2 – COST ESTIMATING
Chapter 9: Cost Estimating
Chapter 10: Process Product Manufacturing
Chapter 11: Discrete Part Manufacturing
SECTION 3 – PLANNING AND SCHEDULING
Chapter 12: Project Planning
Chapter 13: Scheduling
SECTION 4 – PROGRESS AND COST CONTROL
Chapter 14 – Earned Value Overview
Chapter 15 – Performance and Productivity Management
SECTION 5 – PROJECT MANAGEMENT
Chapter 16 – Project Management Fundamentals
Chapter 17 – Project Organization Structure
Chapter 18 – Project Communications
Chapter 19 – Project Labor Cost Control
Chapter 20 – Leadership and Management of Project People
Chapter 21 – Quality Management
Chapter 22 – Value Engineering
Chapter 23 – Contracting for Capital Projects
Chapter 24 – Strategic Asset Management
Chapter 25 – Change Management Practical Guide
Chapter 26 – Overview of Construction Claims and Disputes
SECTION 6 – ECONOMIC ANALYSIS, STATISTICS, PROBABILITY AND RISK
Chapter 27 – Financial and Cash Flow Analysis
Chapter 28 – Practical Corporate Investment Decision-Making Guide
Chapter 29 – Statistics and Probability
Chapter 30 – Optimization
Chapter 31 – Risk Management Fundamentals
Chapter 32 – Risk Management Practical Guide
Chapter 33 – Total Cost Management Overview