Principles of Cost Engineering

Start

2 Feb 2026

Format

Semi-Facilitated

Duration

10 weeks

Price

Was ~~R30 474~~
Now R24 380
(20% off)

Course Overview

Cost engineering involves estimating, and managing and controlling project costs throughout its lifecycle. It ensures budgets are met by optimizing resources, reducing risks, and balancing costs with time and quality.

This course is designed to prepare participants for AACE International’s Certified Cost Professional (CCP) and Certified Cost Technician (CCT) certifications. Each participant receives a comprehensive set of course notes for every module, and receives a certificate of competence / attendance at the end of the course.

The course also serves as a prerequisite for several other AACE certifications, including:

Certified Estimating Professional (CEP)
Certified Forensic Claims Consultant (CFCC)
Earned Value Professional (EVP)
Project Risk Management Professional (PRMP)
Certified Scheduling Technician (CST), and
Planning & Scheduling Professional (PSP).

This comprehensive PCE course goes beyond the standard AACE curriculum, offering significant enhancements to expand the learning experience and better equip professionals for both certification success and long-term career growth.

Watch Course Video

This PCE Course is Exam Prep for the AACE’s Certified Cost Professional (CCP) and Certified Cost Technician (CCT) Certifications.

Course Syllabus

The PCE Course consists of 10 modules, and 2 assignments.

Sections in this course include:

Module 1: Overview of Project Management
Module 2: Project Organizations, Stakeholders, and Teams
Module 3: Quality Management and Value Engineering
Module 4: Project Contracting and Procurement
Assignment 1
Module 5: Project Economic & Financial Analysis
Module 6: Project Quality Management
Module 7: Project Planning and Scheduling
Module 8: Project Measurement and Control
Module 9: Statistics and Probability
Module 10: Project Risk Management
Assignment 2

Requirements

The following is required to successfully complete this course:

Course Delivery

This course is delivered through an online learning management platform.

This course is semi-facilitated, which means that participants will join scheduled weekly meetings where the course facilitator will answer any questions you have, discuss course material for the week ahead, and guide you on how best to tackle the workload.

Course Level Indicator

Difficulty Level

7 out of 10

Effort Required

Approx. 5 hours a week

Collaborative Learning Indicator

3 out of 10

Learning Outcomes

Unlike generic theory-based programmes, this course equips you with take-homes that position you ahead of the curve in real practice.

What you’ll gain from this course:

A solid foundation of cost engineering and the key drivers of project cost
The ability to apply different cost estimation techniques effectively
Skills to develop sound project plans and create accurate schedules
The knowledge to measure progress and control costs during execution
A working understanding of core project management principles
The ability to perform economic feasibility analyses for projects
Practical insight into identifying and managing project risks
A basic grasp of statistical techniques for planning and forecasting
A working understanding of core project management principles

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