Certified Cost Technician (CCT) - Cost projectmanagement

Why should you attend this training course and earn your Certified Cost Technician (CCT) title?

In today's business world, project-oriented organizations are continuously under pressure to invest in and implement a growing number of projects. These projects are becoming more complex and innovative. This reality gives rise to several major challenges. All professionals involved in making or influencing management and business decisions concerning capital projects should be well-versed in the best practices, supporting tools and techniques of project capital budgeting, and should be updated on the latest developments. The Certified Cost Technician (CCT) training course will teach you the techniques of cost estimating, project planning, and cost control for the various stages of an industrial project.

What will you learn in this certifying training course?

Becoming a Certified Cost Technician (CCT) is challenging. In this CCT training course you will demonstrate proficiency in the skills and knowledge of Total Cost Management (TCM) and you will take the necessary steps to become a Certified Cost Technician (CCT). Moreover, by providing the complete scope of estimating, planning, and cost control, the Certified Cost Technician (CCT) training course is the first step towards occupying a vital position in a project team and towards a successful career in cost engineering or (technical) project management. The CCT training course also offers you a great opportunity towards becoming a successful project manager.

The key objective of the CCT training course is not only to provide you with the appropriate knowledge to successfully complete the exam, but also to provide you with a solid understanding of the requirements and skills of a Certified Cost Technician (CCT).

An interactive mix of lectures, case studies, spreadsheets, templates, group discussions, and exercises will be used to illustrate and apply cost engineering in practice, based on the standards of and recommended practices by AACE International and other outstanding professional associations.

Who should attend the Certified Cost Technician training?

The Certified Cost Technician (CCT) training course is suitable for everyone who is part of any team that is involved in CAPEX/OPEX projects. Generally, those seeking the Certified Cost Technician (CCT) certification represent early-career young professionals who do not yet meet the required years of experience needed to become certified as a Cost Professional (CCP), or experienced mid-to-late career professionals who wish to advance their cost engineering skills.

The training aims at project (financial) controllers, investment risk analysts, project managers, project cost controllers and cost estimators, project engineers, risk management office staff, project management office staff, project management team members, tendering teams, purchase department members, work preparators, project sponsors, and many other professionals who are involved in technical projects, cost estimation, cost control and contract review in their organization as well as those who are associated with project planning and scheduling.

Prerequisites to become a Certified Cost Technician (CCT)

To become a Certified Cost Technician (CCT) you must have at least 4 years of industrial-related experience, or 4 years of appropriate college-level/academic education.

You may also choose to certify yourself for the more advanced Cost Professional (CCP) credential. To become a Certified Cost Professional (CCP), you should have at least 8 years of professional experience (of which 4 years of appropriate college-level/academic education count as acceptable professional experience).

Cost engineers at both the technician and the professional level are often required to possess the same knowledge and skills. Therefore, the Certified Cost Technician (CCT) and the Certified Cost Professional (CCP) training courses are identical, only the exam differs. 

About AACE International

AACE (Association for the Advancement of Cost Engineering) International is a non-profit, leading-edge professional association, founded in the USA. AACE International is the largest organization serving the entire spectrum of the cost management profession. It is a member-driven organization that is serving the profession around the world. Members get the resources to enhance their success over the span of their career. There are over 10,000 members around the world in 100+ countries. Members include cost management professionals in disciplines such as cost engineering, cost estimating, planning and scheduling, decision and risk management, project management, project control, cost/schedule control, earned value management, claims, and more.

About the Certified Cost Technician (CCT) exam

The Certified Cost Technician (CCT) exam is an open book exam that consists of 100 multiple choice questions and takes 3 hours. With testing centers all over the world, Kryterion serves as an approved examination proctor for the CCT exam. You can take your computer-based exam any day, anytime that suits you.

Validation of your Certified Cost Technician (CCT) certification

The Certified Cost Technician (CCT) certificate is valid for 4 years and is non-renewable. After 4 years you can move forward to get certified as a Cost Professional (CCP).

Certified Cost Technician (CCT) – study materials

You will receive the AACE International Certified Cost Technician (CCT) certification Study Guide, AACE's Recommended Practices, AACE's publication 'Skills & Knowledge of Cost Engineering' (6th edition), AACE's Total Cost Management Framework and AACE's Certified Cost Technician Primer (1st edition). Moreover, you will receive the CCT/CCP Candidate Handbook, procedure templates and mock exam (5 hours with 119 questions).

Supplies for the CCT training

You are required to have a laptop with Microsoft Excel installed. Ideally, it should also include Microsoft Project.