FAQs

The method of cost management uses technology for measuring cost and productivity through the life-cycle of enterprise level projects. It includes various functions of project management such as estimating, field data collection, job controls, scheduling, design and accounting. 

• Accounting skills

• Ease with technology

• Analytical ability

• Presentation skills

• Analysing risks

• Reviewing expenditures

• Advising on budgets

• Managing tendering

1. Fundamental concepts of financial management

2. Basics of Cost Management 

3. Understanding the Cost Management processes

4. Planning Cost Management

5. Estimation of Costs

6. Determination of Budget

7. Controlling Costs

8. Understanding Earned Value Management                

• Investors

• Managers

• Financial officers

• Other interested candidates

50 questions are asked in this exam.