A1: Certified Cost Professional (CCP) Certification Exam Prep

Friday - Saturday, June 22-23, 2018 (2 FULL DAYS)
1.6 CEUs


Ken Cressman

Instructor:  Ken Cressman, CCP EVP
Ken has 30 years of Cost Estimating, Project Controls and Project Management leadership, mentoring, training, design, implementation and consulting in various industries, including:  Oil and Gas, Mining, Environmental Remediation and Protection, Aircraft and Spacecraft, Water/Wastewater Treatment, Engineering, Procurement, Construction (EPC), Design-Build and Information Security.  He is highly experienced in government (DoD, DOE, NPS, NSF) and commercial programs/projects, ranging from $50,000 to over $2 billion.

Ken has held numerous positions in AACE including VP TEC, Region 5 Director, and Rocky Mountain Section President and Vice President.  He is also an editor of the EVP Study Guide, 2nd Ed. has been a frequent presenter at Annual Conferences.  

Description and Learning Objectives
This course provides an overview of skills and knowledge of cost engineering. The course will cover basic concepts of estimating, planning and scheduling, cost control and forecasting, breakeven analysis, and productivity analysis. Professionals who attend this Review Course will gain a better understanding of some of the basic concepts of cost engineering. This course is also suitable for those who plan to take the CCP Certification Exam as it will enable attendees to be better prepared to take the exam beyond what they would likely achieve on their own. Each day's presentation covers subjects that are tested on the certification examination.

Course Material
1. Skills and Knowledge of Cost Engineering, 6th Ed
2. CCP-Certification Study Guide, 2nd Ed

If possible, attendees should read and workout some problems from the text to become relatively comfortable with the contents of these books. A review of college algebra, such as logarithms and exponents is recommended.

The books are not required for the course but are essential reference material for any cost engineer. You should bring a calculator with exponent and logarithm functions. A financial calculator is useful but not required.

Knowledge Areas:
This course will primarily address those areas where numerical problem solving is of important consideration. The expectation is that professionals who do not routinely solve such problems will find that review to be more worthwhile. These primary areas will include engineering economics, estimating, scheduling and related subjects.

Course Outline:
Day 1
08:00 AM 08:30 AM Course Introduction / Certification process & requirements
08:30 AM 09:15 AM Required Skills and Knowledge
09:15 AM 10:00 AM Elements of cost
10:00 AM 10:15 AM Break
10:15 AM 11:00 PM Cost estimating - data sources
11:00 AM 12:00 PM Cost estimating –Productivity Adjustment & Learning Curve
12:00 PM 01:00 PM Lunch
01:00 PM 02:00 PM Preplanning
02:00 PM 02:15 PM Break
02:15 PM 03:30 PM Planning & Scheduling
03:30 PM 04:30 PM Cost Control and Forecasting
04:30 PM Adjourn Day 1

Day 2
08:00 AM 08:45 AM Equipment purchase, lease, and rental
08:45 AM 09:15 AM Optimization
09:15 AM 9:45 AM Probability and statistics
9:45 AM 10:00 AM Break
10:00 AM 10:30 AM Behavioral Science
10:30 AM 11:00 AM Organizational Management
11:00 AM 12:00 PM Project Management
12:00 PM 01:00 PM Lunch
01:00 PM 01:30 PM Constructability
01:30 PM 02:00 PM Value Engineering
02:00 PM 02:15 PM Break
02:15 PM 03:00 PM Engineering economics/Depreciation
03:00 PM 03:45 PM Comparing economic alternatives
03:45 PM 04:30 PM Communications/International System of Units
4:30 PM Adjournment

$1,200 member / $1,350 non-member
*Add $100 if you are not staying at the host hotel. Book your room before registering for the seminar to lock-in the rate listed above.
**Add $100 for late registration (after May 21) and an additional $100 for on-site registration.
***Seminar is subject to cancellation if minimum enrollment is not met 30 days prior.  Please register by May 21.  Notification of seminar cancellations will be announced May 23.   

Professional Development & Technical Resources