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Cost Management

Cost Management

Free Practice Test

FREE
  • No. of Questions30
  • AccessImmediate
  • Access DurationLife Long Access
  • Exam DeliveryOnline
  • Test ModesPractice
  • TypeExam Format

Practice Exam

$12.99
  • No. of Questions29
  • AccessImmediate
  • Access DurationLife Long Access
  • Exam DeliveryOnline
  • Test ModesPractice, Exam
  • Last UpdatedAugust 2024

Online Course

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  • Content TypeVideo
  • DeliveryOnline
  • AccessImmediate
  • Access DurationLife Long Access
  • No of videos-
  • No of hours-
Not Available

Cost Management

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. 

So, the candidates who wish to gain expertise in cost management should definitely take this exam.


Topics Covered

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

Exam Format and Information


Cost Management 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.

 

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