1½ Months Part Time | SkillsFuture Approved | WDA/IRAS Funding

Executive Certificate in Cost Price Management Course

1½ Months Part Time | SkillsFuture Approved | WDA/IRAS Funding

Executive Certificate in Cost Price Management Course

by SIPMM News Team

Executive Certificate in Cost-Price Management

Course Objective

This Executive Certificate course equips students with the knowledge and practices of cost-price management in an organisation.

This specialised course comprises TWO modules: an online module on Cost Price Analysis Techniques (CPAT) and a Skills Project on Cost-Price Management.

The CPAT module covers key topics on price analysis, cost analysis, cost models, and cost reduction techniques. The Skills Project requires students to apply the online knowledge gained on CPAT and work on a project for effective cost-price management of an organisation.

Topics for CPAT Module

1. Determining the Purchase Price

2. Price Analysis through Competitive Bidding

3. Cost Estimation and Cost Analysis

4. Understanding Cost Models

5. Cost Reduction Strategy and Techniques

Course Duration & Frequency

This part-time course can be completed within six weeks, comprising 18 contact hours and about 18 non-contact hours. The course is intensive and requires students to attend class sessions once a week.

Faculty & Mode of Delivery

This course incorporates a blended learning mode, where students will attend classes and undertake online learning through pre-recorded videos. Our faculty comprises highly experienced practitioners with post-graduate academic and professional qualifications.

The delivery mode for CPAT module is online learning. The Skills Project module is facilitated through class sessions and conducted in phases where students are guided to work on an approved project until completion. Students are expected to make use of relevant websites for the purposes of learning and working on the project.

Academic Award

An applicant must be at least 18 years old; and must have at least one year of work experience; with a language proficiency of English at GCE ‘N’ level. Those without the qualification criterion, but have acquired two years of work experience may be considered on a case-by-case basis, subject to approval by the Academic Board.

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