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Course ID: SYSE2040 - Cost Estimating and Engineering Economics

Description:

Discover accounting and budgeting fundamentals, cost benefit and cost-effective analysis, operations/ sustainment costs, and lifecycle cost estimation.

 

Objectives:

  • Explain the budget determination process

  • Define cost estimation

  • Apply cost estimation methods to determine project cost estimates

  • Explain the value of cash flow concepts and interest factors

  • Compare cost alternatives, using different analysis methods

 

Course Details:

  • Course Length: 1 Day

  • Delivery method: In person, virtual

Cost Estimating and Engineering Economics

PDU Breakdown:

PMI Certifications

PMP®, PGmP®

PMI-RMP®

PMI-SP®

PMI-ACP®

PfMP®

PMI-PBA®

WoW

0

0

0

0

0

0

PS

0

0

0

0

0

0

BA

0

0

0

0

0

0

INCOSE                PDU Credit hours

ASEP / CSEP      6

PDU Credit Categories:

Categories

Ways of Working (WoW)

 

Power Skills (PS)

 

 

​

Business Acumen (BA)

Description

Mastering many ways of working to be able to apply the right technique at the right time, delivering winning results.

 

Leveraging interpersonal skills including collaborative leadership, communication, an innovative mindset, for-purpose orientation, and empathy.

 

Cultivating effective decision-making and understanding how projects align with the big picture of broader organizational strategy and global trends.

Our System Engineering courses align with the INCOSE Systems Engineering Handbook (current edition) and focus on the lifecycle design and management of complex systems. System engineering courses are for participants who are either engineers or work closely with systems and software engineers. Project managers who work with system engineers would benefit greatly from these courses, since the processes are fundamentally the same; although the systems engineering processes are not necessarily sequential.  â€‹

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