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

The Executive Certificate in Cost Price Management course equips students with the knowledge and practices of cost price management in an organisation.

This specialised executive certificate course in cost price management comprises 2 modules : an online module on Cost Price Analysis Techniques (CPAT) and a module on a Skills Project in Cost Price Management.

The CPAT module covers topics on price analysis, cost analysis, cost models, and cost reduction techniques. The Skills Project module requires students to apply the knowledge gained on cost-price management and work on a project that will enhance processes and functions leading to cost reduction in an organisation.

Course Structure & Duration

This part time executive certificate in cost price management programme comprises 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 executive certificate course in cost price management incorporates a blended learning mode, where students attend lectures and undertake online learning through recorded videos. Our faculty comprises highly experienced practitioners with the 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.

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

Commencement & Lecture Timings

The Executive Certificate course in Cost Price Management is conducted part time on a weekday evening. Please check with SIPMM office on the actual date of commencement. The lecture timings of the part-time classes are shown below:

Timing : Weekday evening – 7pm to 10pm
Frequency : Once per week
Venue : SIPMM Academy Training Premises in Singapore

Academic Award

Students who pass this course within the candidature period, will be awarded with an Executive Certificate in Cost-Price Management (ECCPM).

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