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Overview
What you will learn
On successful completion of this Optimising Whole Life Cost and Performance Management course offered by Cranfield University the student will be able to:
- Have an appreciation of ‘cost as a business driver’
- Have knowledge and understanding of cost engineering principles and procedures
- Have an appreciation of cost estimation techniques
- Have knowledge and understanding of lifecycle cost
- Understand how to model cost estimates for assessing the impact of risk
- Understand why and how risk analysis can assist the cost engineer
- Have working knowledge on manual and industry standard software based cost estimating
- Appreciate how cost engineering is practiced within industry
Programme Structure
The program focuses on:
- Cost as a business driver
- Quality of cost estimates
- Parametric costing
- Cost of systems
- Predicting cost of obsolescence resolution
- Risk analysis in cost engineering
- Uncertainty based cost estimating
- Cost Engineering in practice
- Cost Engineering hands-on practice in Cost Studio
Key information
Duration
- Full-time
- 5 days
Start dates & application deadlines
- StartingApply anytime.
Language
English
Delivered
On Campus
Disciplines
Economics View 138 other Short Courses in Economics in United KingdomAcademic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Student insurance
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:
- Additional medical costs (i.e. dental)
- Repatriation, if something happens to you or your family
- Liability
- Home contents and baggage
- Accidents
- Legal aid
We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.
Get your student insurance nowStarting from €0.53/day, free cancellation any time.
Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Cranfield University and/or in United Kingdom, please visit Student Insurance Portal.
Other requirements
General requirements
- This course is suitable for engineers, buyers and people with a commercial background eager to further their skills and knowledge in cost engineering, particularly in life cycle costing; or graduates currently working in industry keen to extend their qualifications; or individuals with other qualifications who possess considerable relevant experience.
Tuition Fee
To always see correct tuition fees
-
International
1800 GBP/fullTuition FeeBased on the tuition of 1800 GBP for the full programme during 5 days. -
National
1800 GBP/fullTuition FeeBased on the tuition of 1800 GBP for the full programme during 5 days.
Living costs for Cranfield
700 - 1300 GBP /month
Living costs
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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