P/PM PROFESSION NEWS
Pricing and Costing Model Now Available
22 March 2017 – Morgantown, WV, USA – AACE has announced the launch of its new eLearning series. The first module, Pricing and Costing, was released in February 2017.
This module explains the difference between pricing and costing. It is important to distinguish between the terms “price” and “cost”. There is a very fine line separating them which is why people often use the terms interchangeably. This module highlights the concepts of pricing and costing of a project, illustrates the variances, and helps the learner identify the inputs, transforming mechanisms (tools and techniques), and outputs related to the cost and pricing process.
The module can be utilized as a study aid for the CCP Certification Exam. It is interactive with questions posed intermittently to assess knowledge gained by the viewer. There is also a test at the end requiring a 70% score to earn 0.1 CEUs.
Founded in 1956, AACE International is a professional society for cost estimators, cost engineers, schedulers, project managers, and project control specialists. AACE International is industry independent, and has members in 78 countries and 71 local sections. AACE offers a monthly journal, online bookstore, education, library, certification, annual conference, professional development opportunities, employment information, executive search services, member discounts and other benefits. For more information, visit http://www.aacei.org/.
Source: AACE International