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Project Management

Certified Cost Professional

Effective cost management is essential for keeping projects financially controlled, commercially viable, and aligned with organizational objectives.

5 days Classroom or live online English
Smart Horizon Certified - Global Leadership Consultants
Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

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Why attend

From knowledge to real-world impact.

Cost professionals need a strong command of estimating, budgeting, forecasting, cost control, economic analysis, and performance measurement throughout the project lifecycle. This programme develops the practical and analytical capabilities required to manage project costs, evaluate financial performance, identify variances, and support sound management decisions.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

  • Unreliable cost estimates and poorly documented assumptions.
  • Limited visibility of cost performance as projects progress.
  • Difficulty connecting cost engineering techniques to planning and control.
Course methodology

How you will learn.

The programme combines instructor-led sessions, practical calculations, cost-estimating exercises, case studies, forecasting workshops, earned value exercises, group discussions, and project-based scenarios. Participants apply cost engineering principles to realistic situations and develop practical approaches that can be transferred directly to their workplace.

Course objectives

What you'll take away.

By the end of this course, participants will be able to:

  • Apply fundamental cost engineering and cost management principles
  • Develop reliable project cost estimates and budgets
  • Establish effective cost control and performance measurement systems
  • Analyze cost variances and forecast project financial outcomes
  • Apply economic analysis techniques to support investment decisions
  • Integrate cost, schedule, risk, and performance information
  • Prepare meaningful cost reports for management decision-making
  • Strengthen professional capabilities in project cost management
Target audience

Who should attend.

Cost engineers and cost controllers

Project managers and project controls professionals

Estimators and quantity surveyors

Planning and scheduling engineers

Finance and commercial professionals

Engineers responsible for project budgets and cost performance

Professionals preparing for cost management certification

Target competencies

Capabilities you will build.

  • Cost engineering
  • Cost estimating
  • Budgeting and forecasting
  • Project cost control
  • Earned Value Management
  • Economic analysis
  • Cost risk management
  • Performance reporting
Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1Cost Engineering and Cost Estimating Fundamentals

Understanding the role and principles of cost engineering

Exploring the project lifecycle from a cost management perspective

Understanding cost classifications, structures, and terminology

Developing the Cost Breakdown Structure (CBS)

Applying different estimating methods and techniques

Understanding estimate accuracy, assumptions, contingencies, and allowances

Practical exercise: Preparing a structured project cost estimate

Day 2Budgeting, Planning, and Cost Control

Converting estimates into approved project budgets

Establishing cost baselines and control accounts

Integrating cost information with the Work Breakdown Structure (WBS)

Understanding commitments, expenditures, accruals, and cash flow

Establishing effective project cost control procedures

Identifying and analyzing cost variances

Practical exercise: Developing a project cost baseline and control framework

Day 3Performance Measurement and Forecasting

Understanding project performance measurement principles

Applying Earned Value Management (EVM)

Calculating and interpreting Cost Performance Index (CPI) and Schedule Performance Index (SPI)

Forecasting Estimate at Completion (EAC) and Estimate to Complete (ETC)

Conducting variance and trend analysis

Developing accurate project cost forecasts

Practical workshop: Analyzing project cost and schedule performance

Day 4Economic Analysis, Risk, and Decision-Making

Understanding the time value of money

Applying cash-flow analysis to project decisions

Using Net Present Value (NPV), Internal Rate of Return (IRR), and payback techniques

Evaluating alternative investment and project options

Understanding uncertainty and cost risk

Applying contingency and risk-based cost analysis

Practical exercise: Evaluating project alternatives using economic and risk analysis

Day 5Advanced Cost Management and Reporting

Integrating cost, schedule, scope, and risk information

Managing changes and their impact on project costs

Applying cost optimization and value improvement techniques

Developing meaningful cost KPIs and management dashboards

Preparing concise cost reports and forecasts for senior management

Identifying emerging practices in digital cost management and analytics

Capstone Exercise: Developing and presenting an integrated project cost control and performance report

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Singapore 16 Nov - 20 Nov 2026
Confirmed dates
€2,820.-Register
Online Live virtual classroom 16 Nov - 20 Nov 2026
Confirmed dates
€1,250.-Register
Rome 23 Nov - 27 Nov 2026
Confirmed dates
€2,450.-Register
Online Live virtual classroom 23 Nov - 27 Nov 2026
Confirmed dates
€1,250.-Register
London 7 Dec - 11 Dec 2026
Confirmed dates
€2,450.-Register
Online Live virtual classroom 7 Dec - 11 Dec 2026
Confirmed dates
€1,250.-Register
Dubai 14 Dec - 18 Dec 2026
Confirmed dates
€3,150.-Register
Online Live virtual classroom 14 Dec - 18 Dec 2026
Confirmed dates
€1,250.-Register
Frankfurt 4 Jan - 8 Jan 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 4 Jan - 8 Jan 2027
Confirmed dates
€1,250.-Register
Kuala Lumpur 18 Jan - 22 Jan 2027
Confirmed dates
€1,450.-Register
Online Live virtual classroom 18 Jan - 22 Jan 2027
Confirmed dates
€1,250.-Register
Paris 1 Feb - 5 Feb 2027
Confirmed dates
€2,860.-Register
Online Live virtual classroom 1 Feb - 5 Feb 2027
Confirmed dates
€1,250.-Register
Istanbul 15 Feb - 19 Feb 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 15 Feb - 19 Feb 2027
Confirmed dates
€1,250.-Register
Barcelona 22 Feb - 26 Feb 2027
Confirmed dates
€2,840.-Register
Online Live virtual classroom 22 Feb - 26 Feb 2027
Confirmed dates
€1,250.-Register
Amsterdam 1 Mar - 5 Mar 2027
Confirmed dates
€2,540.-Register
Online Live virtual classroom 1 Mar - 5 Mar 2027
Confirmed dates
€1,250.-Register
Singapore 15 Mar - 19 Mar 2027
Confirmed dates
€2,820.-Register
Online Live virtual classroom 15 Mar - 19 Mar 2027
Confirmed dates
€1,250.-Register
London 5 Apr - 9 Apr 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 5 Apr - 9 Apr 2027
Confirmed dates
€1,250.-Register
Dubai 19 Apr - 23 Apr 2027
Confirmed dates
€3,150.-Register
Online Live virtual classroom 19 Apr - 23 Apr 2027
Confirmed dates
€1,250.-Register
Cape Town 26 Apr - 30 Apr 2027
Confirmed dates
€1,890.-Register
Online Live virtual classroom 26 Apr - 30 Apr 2027
Confirmed dates
€1,250.-Register
Frankfurt 3 May - 7 May 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 3 May - 7 May 2027
Confirmed dates
€1,250.-Register
Kuala Lumpur 17 May - 21 May 2027
Confirmed dates
€1,450.-Register
Online Live virtual classroom 17 May - 21 May 2027
Confirmed dates
€1,250.-Register
Paris 7 Jun - 11 Jun 2027
Confirmed dates
€2,860.-Register
Online Live virtual classroom 7 Jun - 11 Jun 2027
Confirmed dates
€1,250.-Register
Vienna 14 Jun - 18 Jun 2027
Confirmed dates
€2,940.-Register
Online Live virtual classroom 14 Jun - 18 Jun 2027
Confirmed dates
€1,250.-Register
Istanbul 21 Jun - 25 Jun 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 21 Jun - 25 Jun 2027
Confirmed dates
€1,250.-Register
Amsterdam 5 Jul - 9 Jul 2027
Confirmed dates
€2,540.-Register
Online Live virtual classroom 5 Jul - 9 Jul 2027
Confirmed dates
€1,250.-Register
Singapore 19 Jul - 23 Jul 2027
Confirmed dates
€2,820.-Register
Online Live virtual classroom 19 Jul - 23 Jul 2027
Confirmed dates
€1,250.-Register
London 2 Aug - 6 Aug 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 2 Aug - 6 Aug 2027
Confirmed dates
€1,250.-Register
Dubai 16 Aug - 20 Aug 2027
Confirmed dates
€3,150.-Register
Online Live virtual classroom 16 Aug - 20 Aug 2027
Confirmed dates
€1,250.-Register
Cape Town 23 Aug - 27 Aug 2027
Confirmed dates
€1,890.-Register
Online Live virtual classroom 23 Aug - 27 Aug 2027
Confirmed dates
€1,250.-Register
Frankfurt 6 Sept - 10 Sept 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 6 Sept - 10 Sept 2027
Confirmed dates
€1,250.-Register
Kuala Lumpur 20 Sept - 24 Sept 2027
Confirmed dates
€1,450.-Register
Online Live virtual classroom 20 Sept - 24 Sept 2027
Confirmed dates
€1,250.-Register
Paris 4 Oct - 8 Oct 2027
Confirmed dates
€2,860.-Register
Online Live virtual classroom 4 Oct - 8 Oct 2027
Confirmed dates
€1,250.-Register
Istanbul 18 Oct - 22 Oct 2027
Confirmed dates
€2,650.-Register
Online Live virtual classroom 18 Oct - 22 Oct 2027
Confirmed dates
€1,250.-Register
Rome 25 Oct - 29 Oct 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 25 Oct - 29 Oct 2027
Confirmed dates
€1,250.-Register
Amsterdam 1 Nov - 5 Nov 2027
Confirmed dates
€2,540.-Register
Online Live virtual classroom 1 Nov - 5 Nov 2027
Confirmed dates
€1,250.-Register
Singapore 15 Nov - 19 Nov 2027
Confirmed dates
€2,820.-Register
Online Live virtual classroom 15 Nov - 19 Nov 2027
Confirmed dates
€1,250.-Register
London 6 Dec - 10 Dec 2027
Confirmed dates
€2,450.-Register
Online Live virtual classroom 6 Dec - 10 Dec 2027
Confirmed dates
€1,250.-Register
Dubai 13 Dec - 17 Dec 2027
Confirmed dates
€3,150.-Register
Online Live virtual classroom 13 Dec - 17 Dec 2027
Confirmed dates
€1,250.-Register

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon certificate of attendance. Smart Horizon programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

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