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Engineering Management: Cost Estimation and Risk Assessor
Cambridge Open Academy

CPD Accredited | Updated Module 2025 | FREE PDF Certificates + 1 FREE Course | Lifetime Access | Experts’ Crafted

Summary

Price
£25 inc VAT
Study method
Online
Duration
3 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
10 CPD hours / points
CPD What's this?
Certificates
  • Certificate of Completion (PDF) - Free
  • Certificate of Completion (Hard Copy) - £9.99
Assessment details
  • Mock Exam & Final Exam (included in price)
Additional info
  • Tutor is available to students

Overview

"An investment in knowledge always pays the best interest." – Benjamin Franklin. Engineering Management: Cost Estimation and Risk Assessor course is the treasure trove of knowledge that every aspiring Engineering Manager has been seeking. With engineering management jobs expected to grow by 6% from 2020 to 2030, according to the UK Bureau of Labour Statistics, there's no better time to invest in your future.

learn how to make data-driven decisions, manage costs, and mitigate risks in the dynamic world of engineering. Our comprehensive course covers 12 modules designed to empower you with in-depth knowledge and understanding of essential management techniques and practices. From decision analysis to strategic planning, and from financial accounting to marketing management, you'll acquire the knowledge required to lead engineering projects and teams with confidence.

So, don't miss this opportunity to get ahead in the competitive engineering management field. Enrol now!

Learning Outcomes

Upon completing this course, you will be able to:

  • Understand the fundamentals of engineering management
  • Apply decision analysis techniques to real-world situations
  • Develop strategic plans for engineering projects
  • Implement cost accounting and risk management practices
  • Manage operations and supply chain effectively
  • Understand financial accounting and management principles
  • Embrace the spirit of entrepreneurship and drive innovation

Certificates

Certificate of Completion (PDF)

Digital certificate - Included

Once you have successfully completed the course, you will receive a CPD Accredited PDF certificate completely free of cost as a proof of your accomplishment.

Certificate of Completion (Hard Copy)

Hard copy certificate - £9.99

Note: Delivery of hardcopy certificate is free within the United Kingdom. However, to obtain a hardcopy certificate, international students have to pay £19.99 for the shipment to their designated address.

Assessment details

Mock Exam & Final Exam

Included in course price

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

Engineering Management: Cost Estimation and Risk Assessor is a comprehensive 12-module course that delves deep into the theoretical aspects of engineering management. With topics ranging from decision analysis to marketing management, you'll acquire a strong foundation to tackle complex engineering projects and lead teams with confidence. Let's transform your engineering career prospects and set yourself on a path to success.

Here is the curriculum breakdown of the Engineering Management: Cost Estimation and Risk Assessor course below:

  • Module 01: Introduction to Engineering Management
  • Module 02: Engineering Management Career
  • Module 03: Decision Analysis
  • Module 04: Strategic Planning
  • Module 05: Cost Accounting and Risk Management
  • Module 06: Operations and Supply Chain Management
  • Module 07: Financial Accounting and Management
  • Module 08: Marketing Management
  • Module 09: Management and Technology
  • Module 10: The Spirit of Entrepreneurship
  • Module 11: Business Law
  • Module 12: Systems Engineering

Our Specialised Delivery Method:

  • Interactive Learning: Engaging modules created with recognised EdTech tools, featuring like drop-down menus, drag-and-drop, flashcards, label graphics, and timeline views.
  • Responsive Design: Courses adapt seamlessly to any device, no additional software needed.
  • User-Friendly Navigation: Simple, modern design suitable for all learners, regardless of technical background.
  • Elegant Presentation: Visual appeal with progress tracking, drag-and-drop activities, and multiple-response questions.

Who is this course for?

If you're an aspiring engineering manager, project manager, or simply a professional seeking to enhance your skills, the Engineering Management: Cost Estimation and Risk Assessorcourse is tailor-made for you. Ideal candidates include:

  • Engineering graduates
  • Professionals transitioning to management roles
  • Current engineering managers seeking career growth
  • Project managers in engineering fields
  • Entrepreneurs in engineering or technology industries

Requirements

  • No prior knowledge needed
  • Compatible with any internet-enabled device, including computers, tablets, and smartphones.
  • Consistent learning experience
  • Accessible anywhere, anytime
  • No limitations on access
  • Use Wi-Fi or mobile data

Career path

  • Project Engineer – £35,000 to £55,000 per year

  • Cost Estimator – £30,000 to £50,000 per year

  • Risk Assessor – £28,000 to £48,000 per year

  • Engineering Manager – £45,000 to £75,000 per year

  • Construction Project Manager – £40,000 to £70,000 per year

  • Consultant Engineer – £38,000 to £65,000 per year

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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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