AACE introduces its new eLearning series. The first module, Pricing and Costing, was released in February 2017.
Pricing and Costing
AACE’s newest eLearning module explains the difference between pricing and costing. It is very important to distinguish between the terms "price" and "cost". There is a very fine difference between them, which is why people often tend to use them interchangeably. This module highlights the concepts of pricing and costing of a project, illustrates the differences, and helps the learner identify the inputs, transforming mechanisms (tools and techniques), and outputs related to the cost and pricing process.
The module is interactive with questions posed intermittently to assess knowledge gained by the learner. There is also a test at the end requiring a 70% score to earn 0.1 CEUs.