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Cost Management and Estimation Training

Last Updated: 14 May 2026
Number of Students: 36 Students
Accreditation: CPD Accredited
Prerequisites: No formal qualification required (Anyone can participate)
Course Rating: 4.8 out of 5

Course Overview

Learn the best cost management practices and keep your business stable at all times. This Cost Management and Estimation Training will teach you to cut down costs and unnecessary expenses to increase revenue and profit. 

This Cost Management and Estimation Training course combines theory and practice to give you real insights into cost management and estimation. It will ensure you’re practised in the cost estimating tools and techniques. From the engaging lectures, you’ll learn how to estimate project costs, calculate the project’s budget, and control project costs. Moreover, it will provide step-by-step instructions on using earned value management tools to measure project performance. 

What you will learn from this Cost Management and Estimation Training Course:

  • Understand the cost management process
  • Learn about direct and indirect costs
  • Know how to estimate project costs,
  • Discover the techniques to control project costs
  • Explore how to forecast project costs
  • Learn how to measure project performance with earned value management indicators

Key features of the course:

  • Recognised qualification upon successful completion of the course
  • Study from anywhere, anytime, whenever it is convenient for you.
  • Get 24/7 support from our Customer Success Team
  • Affordable and engaging e-learning study materials
  • Study at your own pace from a tablet, PC or smartphone
  • Online tutor support when you are in need.

Who is this course for:

This Cost Management and Estimation Training Course is suitable for —

  • Students.
  • Recent graduates.
  • Job seekers.
  • Anyone interested in gaining skills in cost management and estimation. 
  • Individuals who are already employed in the relevant sectors and wish to enhance their knowledge and expertise.

Assessment and certification:

After studying the course materials of the Cost Management and Estimation Training, there will be a written assignment test which you can take either during or at the end of the course. Those who pass this test will have the qualification of Cost Management and Estimation Training Course. Certificate will be produced in PDF format at an additional cost of £9.99 and Printed Hardcopy at £12.99.

Career path:

This Cost Management and Estimation Training Course will equip you with an array of in-demand expertise and prepare you for a variety of rewarding employment options, such as—

  • Cost Management Accountant
  • Project Cost Accountant
  • Assistant Cost Manager
  • Construction Assistant
  • Construction Coordinator
  • Site Assistant

The highest salary for Cost Management Accountants in the United Kingdom is £66,455 per year and the lowest is £19,036 per year.

Course Curriculum

5 Sections | 28 Lessons
Module 01: Introduction 1m
Module 01: What is Cost Management? 3m
Module 02: Direct and Indirect Costs 3m
Module 03: Analogous Estimating 3m
Module 04: Parametric Estimation 4m
Module 05: Three-Point Estimating 2m
Module 06: Reserve Analysis 10m
Module 07: Cost Estimates and Basis of Estimates 3m
Module 08: Cost Baseline 6m
Module 09: Funding Requirements 4m
Module 10: Earned Value Formulas 7m
Module 11: Project Status 6m
Module 12: Earned Value Example 8m
Module 13: Forecasting Three Scenarios 16m
Module 14: Forecasting Example 3m
Module 15: To-Complete-Performance-Index TCPI 6m
Module 16: Performance Reviews 3m
Module 17: Recap 6m
Module 01: Direct and Indirect Costs 5m
Module 02: Cost Estimates and Reserve Analysis 20m
Module 03: Cost Baseline and Project Budget 3m
Module 04: Basis of Estimate 2m
Module 05: Funding Requirements 7m
Module 06: Earned Value Calculation 15m
Module 07: Forecasting 9m
Module 08: TCPI 5m
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Share Your Review and Help Us Improve

Course Reviews

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Course Overview

Learn the best cost management practices and keep your business stable at all times. This Cost Management and Estimation Training will teach you to cut down costs and unnecessary expenses to increase revenue and profit. 

This Cost Management and Estimation Training course combines theory and practice to give you real insights into cost management and estimation. It will ensure you’re practised in the cost estimating tools and techniques. From the engaging lectures, you’ll learn how to estimate project costs, calculate the project’s budget, and control project costs. Moreover, it will provide step-by-step instructions on using earned value management tools to measure project performance. 

What you will learn from this Cost Management and Estimation Training Course:

  • Understand the cost management process
  • Learn about direct and indirect costs
  • Know how to estimate project costs,
  • Discover the techniques to control project costs
  • Explore how to forecast project costs
  • Learn how to measure project performance with earned value management indicators

Key features of the course:

  • Recognised qualification upon successful completion of the course
  • Study from anywhere, anytime, whenever it is convenient for you.
  • Get 24/7 support from our Customer Success Team
  • Affordable and engaging e-learning study materials
  • Study at your own pace from a tablet, PC or smartphone
  • Online tutor support when you are in need.

Who is this course for:

This Cost Management and Estimation Training Course is suitable for —

  • Students.
  • Recent graduates.
  • Job seekers.
  • Anyone interested in gaining skills in cost management and estimation. 
  • Individuals who are already employed in the relevant sectors and wish to enhance their knowledge and expertise.

Assessment and certification:

After studying the course materials of the Cost Management and Estimation Training, there will be a written assignment test which you can take either during or at the end of the course. Those who pass this test will have the qualification of Cost Management and Estimation Training Course. Certificate will be produced in PDF format at an additional cost of £9.99 and Printed Hardcopy at £12.99.

Career path:

This Cost Management and Estimation Training Course will equip you with an array of in-demand expertise and prepare you for a variety of rewarding employment options, such as—

  • Cost Management Accountant
  • Project Cost Accountant
  • Assistant Cost Manager
  • Construction Assistant
  • Construction Coordinator
  • Site Assistant

The highest salary for Cost Management Accountants in the United Kingdom is £66,455 per year and the lowest is £19,036 per year.

5 Sections | 28 Lessons
Module 01: Introduction 1m
Module 01: What is Cost Management? 3m
Module 02: Direct and Indirect Costs 3m
Module 03: Analogous Estimating 3m
Module 04: Parametric Estimation 4m
Module 05: Three-Point Estimating 2m
Module 06: Reserve Analysis 10m
Module 07: Cost Estimates and Basis of Estimates 3m
Module 08: Cost Baseline 6m
Module 09: Funding Requirements 4m
Module 10: Earned Value Formulas 7m
Module 11: Project Status 6m
Module 12: Earned Value Example 8m
Module 13: Forecasting Three Scenarios 16m
Module 14: Forecasting Example 3m
Module 15: To-Complete-Performance-Index TCPI 6m
Module 16: Performance Reviews 3m
Module 17: Recap 6m
Module 01: Direct and Indirect Costs 5m
Module 02: Cost Estimates and Reserve Analysis 20m
Module 03: Cost Baseline and Project Budget 3m
Module 04: Basis of Estimate 2m
Module 05: Funding Requirements 7m
Module 06: Earned Value Calculation 15m
Module 07: Forecasting 9m
Module 08: TCPI 5m
Order Your Certificates or Transcripts
Share Your Review and Help Us Improve
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