Certified cost professional - Solomon People Solutions

Certified Cost Professional (CCP)

Develop Advanced Cost Engineering Expertise

The Certified Cost Professional (CCP®) certification training by Solomon People Solutions develops practical competency in cost engineering and project cost management. Participants will learn how to apply statistics and probability to bidding, planning, scheduling, and cost estimating.

Strengthen Project Cost and Performance Management

Furthermore, the program covers the implementation of Earned Value Management Systems (EVMS) and the analysis of productivity and project performance. Participants will develop practical skills for making informed cost and performance decisions throughout the project lifecycle.

Build Professional Credibility

CCP® certification can help professionals demonstrate their knowledge of cost engineering, industry practices, and project experience. As a result, certification holders can strengthen their professional credibility and differentiate themselves in the field of cost management.

Overview

Program Overview

Participants will develop practical skills for evaluating investments, managing projects, and applying total cost management principles.

  • Evaluate Investment Feasibility – Analyze investment opportunities using engineering economics tools.
  • Measure Project Performance – Assess project progress and evaluate performance against established objectives.
  • Manage Project Delivery – Apply effective project management and scheduling techniques to support successful project delivery.
  • Understand Cost Management Terminology – Identify the fundamental definitions and terminology used in total cost management.

Furthermore, these skills help professionals make informed decisions and improve cost and project performance.

Target Audience

Target Audience

This Certified Cost Professional (CCP®) Training Program is suitable for professionals involved in cost management, project delivery, compliance, risk, and organizational oversight.

  • Compliance Officers and Managers – Professionals responsible for compliance controls and related governance activities.
  • Managers and Executives – Leaders involved in strategic decision-making, project oversight, and organizational performance.
  • Risk Managers and Professionals – Specialists responsible for identifying, assessing, and managing project and business risks.
  • Legal Advisers and Lawyers – Professionals supporting contractual, regulatory, and legal aspects of projects.
  • Auditors and Audit Managers – Specialists involved in reviewing financial, operational, and project performance.
  • Company Secretaries – Professionals supporting governance, compliance, and organizational administration.
  • Project Managers and Aspiring Project Managers – Professionals responsible for planning, scheduling, and delivering projects.
  • Team Leads and Team Managers – Leaders overseeing project teams and operational performance.
  • Project Associates – Professionals supporting project planning, coordination, cost management, and delivery.

Pre-requisites

4-year industry-related experience plus 4-year industry-related college degree or 8-years industry related experience. 

Exam Info

Exam Information 

Exam Name Certified Cost Professional (CCP)
Exam Type Multiple-choice & 2,500-word technical paper
Total Questions 120 Questions
Exam Duration 5 Hours
Passing Score 70%
Exam Type Closed book exam
COURSE SYLLABUS

Economic Analysis

Fundamentals

Basic Concepts

  • Introduction to Engineering Economics
  • Fundamental Economic Decision-Making Principles

Annual Compounding

  • Principles of Annual Compounding
  • Applying Compounding to Investment Decisions

Net Present Worth

  • Understanding Net Present Worth
  • Evaluating Project Cash Flows

Investment Alternatives

  • Comparing Investment Alternatives
  • Selecting Economically Viable Options

Depreciation and Taxes

  • Principles of Depreciation
  • Understanding Tax Implications

Break-Even Analysis

  • Understanding Break-Even Concepts
  • Applying Break-Even Analysis to Projects

Cost Estimation and Control

  • Cost Estimation 
  • EVM Metrics 
  • Progress Measurement 
  • Performance Measurement 
  • Cost Forecasting 
  • Variance Analysis 

Project Management

  • Leadership and Management of Project People 
  • Contracting for Capital Projects 
  • Scheduling 

General Skills and Knowledge of Cost Engineering

  • Quality Management 
  • Value Analysis 
  • Strategic Asset Management 
  • Project Planning 
  • Project Labor Cost Control 
  • Probability and Statistics 
  • Risk Management 
  • Communication 

Benefits

  • Professional Recognition: Gain a globally recognized certification that validates your expertise and skills in cost management.
  • Enhanced Skills: Acquire advanced knowledge and skills in cost estimation, planning, and control, making you a valuable asset to any project team.
  • Career Advancement: Improve your career prospects and opportunities for advancement within your organization or in the broader job market.
  • Increased Earning Potential: Certified professionals often command higher salaries and better job positions due to their specialized skills and certification.
  • Networking Opportunities: Connect with other professionals in the field, expanding your professional network and opening doors to new opportunities.

Schedule & Fee

Up-coming Schedule: 

Please contact us to know about the upcoming schedule.