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Certificate in Cost Management
Course 4 U

Distance learning

Summary

Price
£60 inc VAT
Or £20.00/mo. for 3 months...
Study method
Distance learning
Duration
6 weeks · Self-paced
Qualification
No formal qualification
Certificates
  • Certificate in Cost Management - Free
Additional info
  • Exam(s) / assessment(s) is included in price

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Overview

Our course in cost management will give you knowledge of how to prepare budgets and enforce them during projects you or your company may undertake. It teaches how to excellently manage teams, quantities, products, and timescales, including when planning for processes, activities, and supporting products and departments.

This certificate creates a highly desirable set of skills that mean you can accurately predict how much a project will cost and stay within the parameters set.This course does not involve any written exams. students will be assessed by Multiple Choice Questions (MCQ) and achieve 50% marks.

Certificates

Certificate in Cost Management

Digital certificate - Included

The certificate will be sent once you have completed all the units and met the minimum required on the multiple choice questions.

Course media

Resources

Description

Modules

See below list of units learners must complete in order to achieve the certificate in cost management.

• Introduction to Cost Management
• Basic Cost Management Concepts
• Cost Behaviour
• Activity-based Costing
• Product and Service Costing—A process systems approach
• Product and Service Costing—Job order system
• Allocating Costs of Support Department and Joint Products
• Budgeting for Planning and Control
• Standard Costing- Functional Based Control Function
• Decentralisation—Responsibility accounting performance evaluation and transfer pricing.

Requirements

Entry Requirements
• There is no previous experience or qualifications required for enrolment.
• It is available to all students aged 18 or over, of all academic backgrounds.
• Basic understanding of English language is required to attend this course.
• You’ll need a smart device (PC/Mac/Tablet) with an internet connection.

Career path

A certificate in cost management will help anyone in charge of project managing, increasing your desirability as a candidate who understands and can work within, and set, budgets. Your expertise in this area will also open doors to roles in the business and finance field. It can also be taken as a CPD course in order to develop your skills within your current job.

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Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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