Certified Cost Technician (CCT) - AACE
The course Certified Cost Technician (+ exam!) will prepare you for the CCT title of AACE, thé Association of Cost Engineering. You will learn about cost control, cost estimating and project planning according to the gold standard for cost professionals!
Structure of the AACE - Certified Cost Technician (CCT) training course
The Certified Cost Technician (CCT) training course consists of:
- 5 consecutive days in-class training course in Amsterdam (40 hours)
- 21 hours of live online training (spread over 4 half days) consisting of:
- review of CCT training topics including 100 sample questions
- CCT mock exam: 119 questions
- 2 hours of individual/personal online mentoring prior to the CCT exam
- The official AACE - Certified Cost Technician (CCT) exam
AACE (Association for the Advancement of Cost Engineering)
AACE International is the largest organization serving the entire spectrum of the cost management profession.
This Certified Cost Technician (CCT) training course is delivered under the Authorized Education Provider (AEP) accreditation program by AACE International. Your instructors are highly qualified and experienced international experts in the fields of cost engineering and project management.
Why should you attend this training course and earn your Certified Cost Technician (CCT) title?
In today's business world, project-oriented organizations are continuously under pressure to invest in and implement a growing number of projects. These projects are becoming more complex and innovative. This reality gives rise to several major challenges. All professionals involved in making or influencing management and business decisions concerning capital projects should be well-versed in the best practices, supporting tools and techniques of project capital budgeting, and should be updated on the latest developments. The Certified Cost Technician (CCT) training course will teach you the techniques of cost estimating, project planning, and cost control for the various stages of an industrial project.
What will you learn in this certifying training course?
Becoming a Certified Cost Technician (CCT) is challenging. In this CCT training course you will demonstrate proficiency in the skills and knowledge of Total Cost Management (TCM) and you will take the necessary steps to become a Certified Cost Technician (CCT). Moreover, by providing the complete scope of estimating, planning, and cost control, the Certified Cost Technician (CCT) training course is the first step towards occupying a vital position in a project team and towards a successful career in cost engineering or (technical) project management. The CCT training course also offers you a great opportunity towards becoming a successful project manager.
The key objective of the CCT training course is not only to provide you with the appropriate knowledge to successfully complete the exam, but also to provide you with a solid understanding of the requirements and skills of a Certified Cost Technician (CCT).
An interactive mix of lectures, case studies, spreadsheets, templates, group discussions, and exercises will be used to illustrate and apply cost engineering in practice, based on the standards of and recommended practices by AACE International and other outstanding professional associations.
Who should attend the Certified Cost Technician training?
The Certified Cost Technician (CCT) training course is suitable for everyone who is part of any team that is involved in CAPEX/OPEX projects. Generally, those seeking the Certified Cost Technician (CCT) certification represent early-career young professionals who do not yet meet the required years of experience needed to become certified as a Cost Professional (CCP), or experienced mid-to-late career professionals who wish to advance their cost engineering skills.
The training aims at project (financial) controllers, investment risk analysts, project managers, project cost controllers and cost estimators, project engineers, risk management office staff, project management office staff, project management team members, tendering teams, purchase department members, work preparators, project sponsors, and many other professionals who are involved in technical projects, cost estimation, cost control and contract review in their organization as well as those who are associated with project planning and scheduling.
Prerequisites to become a Certified Cost Technician (CCT)
To become a Certified Cost Technician (CCT) you must have at least 4 years of industrial-related experience, or 4 years of appropriate college-level/academic education.
You may also choose to certify yourself for the more advanced Cost Professional (CCP) credential. To become a Certified Cost Professional (CCP), you should have at least 8 years of professional experience (of which 4 years of appropriate college-level/academic education count as acceptable professional experience).
Cost engineers at both the technician and the professional level are often required to possess the same knowledge and skills. Therefore, the Certified Cost Technician (CCT) and the Certified Cost Professional (CCP) training courses are identical, only the exam differs.
About AACE International
AACE (Association for the Advancement of Cost Engineering) International is a non-profit, leading-edge professional association, founded in the USA. AACE International is the largest organization serving the entire spectrum of the cost management profession. It is a member-driven organization that is serving the profession around the world. Members get the resources to enhance their success over the span of their career. There are over 10,000 members around the world in 100+ countries. Members include cost management professionals in disciplines such as cost engineering, cost estimating, planning and scheduling, decision and risk management, project management, project control, cost/schedule control, earned value management, claims, and more.
About the Certified Cost Technician (CCT) exam
The Certified Cost Technician (CCT) exam is an open book exam that consists of 100 multiple choice questions and takes 3 hours. With testing centers all over the world, Kryterion serves as an approved examination proctor for the CCT exam. You can take your computer-based exam any day, anytime that suits you.
Validation of your Certified Cost Technician (CCT) certification
The Certified Cost Technician (CCT) certificate is valid for 4 years and is non-renewable. After 4 years you can move forward to get certified as a Cost Professional (CCP).
Certified Cost Technician (CCT) – study materials
You will receive the AACE International Certified Cost Technician (CCT) certification Study Guide, AACE's Recommended Practices, AACE's publication 'Skills & Knowledge of Cost Engineering' (6th edition), AACE's Total Cost Management Framework and AACE's Certified Cost Technician Primer (1st edition). Moreover, you will receive the CCT/CCP Candidate Handbook, procedure templates and mock exam (5 hours with 119 questions).
Supplies for the CCT training
You are required to have a laptop with Microsoft Excel installed. Ideally, it should also include Microsoft Project.
Reviews
Some remarks of former participants:
"The training provided key perspectives to improve my work function and prepare for the exams. I loved how passionate the trainer was. I enjoyed the estimating part of the training."
"The training was very interesting and educative. It covers mostly our financial operations."
"I enjoyed the training and think the trainer is quite knowledgeable."
"Very useful training. I enjoyed the entire training as well as the financial mathematics aspect of it."
"The training was very thoughtful and exciting."
Henry Dashin, Funding Advisor
"Very informative and applicable to my job."
"Excellently delivered course."
Also of interest!
All our courses are delivered in-class, unless otherwise stated. Below is a selection of courses that may also be of interest to you:
- Certified Cost Professional - CCP (AACE)
- Cost Estimating Foundation
- ISO 31000 Risk Management
- Certified Data Management Professional - CDMP (DAMA)
- Cybersecurity Fundamentals (ISACA)
- Cybersecurity for Industrial Automation and OT
- Identity Management & Access Control - IAM
- Contract & Procurement Fraud (ACFE)
- Bribery & Corruption (ACFE)
In-company
With at least 5 participants an in-house training could be your best option! An in-company training, customized to the needs of your organization, has many advantages and:
- saves you and your colleagues time
- enables you to train in the comfort of your own working environment
- saves travel and accommodation expenses
- can be arranged at a time convenient for you
- sensitive issues can be discussed openly since no outsiders are present
Do you prefer an in-company training? Please call us at +31 (0) 40 246 02 20 or send an e-mail to info@imfacademy.com for more information. We are more than happy to discuss the various possibilities with you!
We have organised in-company trainings all around the globe, among others in the following countries: Aruba, Azerbaijan, Curaçao, Denmark, Finland, Germany, Great Britain, Greece, Luxembourg, Nigeria, Oman, Pakistan, Saudi Arabia, Suriname, Switzerland, Türkiye, Uganda.
Content
CERTIFIED COST TECHNICIAN (CCT) – PROGRAM
The Certified Cost Technician (CCT) training course is an interactive mix of lectures. Many practical exercises are included in the training so that you can immediately put your newly acquired knowledge into practice. In addition to the training days, you should take into account 8 - 14 hours of self-study.
The Certified Cost Technician (CCT) training course is composed of 2 modules:
- Module I – 5 consecutive in-class days Cost Engineering Principles and Practice (40 hours)
- Module II – Certified Cost Technician certification exam: 21 hours of live online training (spread over 4 half days) plus 2 hours of online mentoring per delegate prior to the CCT exam
The live online training days consist of:
- Review of CCT training topics including 100 sample questions
- CCT mock exam: 119 questions
COURSE PROGRAM MODULE I
Module I consists of 5 days in-class training
1. Introduction to project capital budgeting and control
- What is the project capital budgeting process?
- The importance of capital budgeting controlling during project execution
- Disciplines involved in capital budgeting and control
- Standards and recommended practices
2. Financial mathematics and the time-value of money
- Interest - from concept to quantification
- Converting interest rates for different time periods
- Calculating present value, future value, and annuity
- Discounted Cash Flow (DCF)
- PRACTICAL EXERCISE
3. Project evaluation and selection methods
- Project economic evaluation indices
PRACTICAL EXERCISE - Project scoring models
PRACTICAL EXERCISE - Project portfolio optimization
PRACTICAL EXERCISE
4. Depreciation methods and types of costs
- What is economic depreciation and why it matters
- Depreciation methods and types of costs
- PRACTICAL EXERCISE
5. Comparing project alternatives for replacing versus improving assets
- Elaborating alternative cash flow scenarios
- Evaluating and selecting the best alternative
- PRACTICAL EXERCISE
6. Cost and schedule estimating with risk contingency
- Principles of estimating
- AACE International Recommended Practices 17R-97 and 27R-03
- Cost estimating techniques
PRACTICAL EXERCISE - Parametric estimating and modelling
PRACTICAL EXERCISE - Schedule estimating techniques
PRACTICAL EXERCISE - Estimating the contingency reserve
PRACTICAL EXERCISE - Documenting the basis of estimates
7. Developing the project baseline and cash flow funding requirements
- Integrating the cost estimates, project schedule, and risk contingencies to develop and consolidate the project Performance Management Baseline (PMB) using Earned Value Management (EVM)
- Deriving the cash flow funding requirements from the project baseline
- PRACTICAL EXERCISE
8. Capital budgeting monitoring and control
- Project cost and schedule performance measurement and analysis using EVM
- Project risk performance measurement and analysis
- Managing project changes
- Using performance measurements to update the cost and schedule estimates
- Updating the project funding requirements and the benefits realization cash flows
- Updating and monitoring the project evaluation models and indices
- PRACTICAL EXERCISE
9. Final discussion
COURSE PROGRAM MODULE II
Certified Cost Technician (CCT) certification exam preparation
21 hours of live online training (spread over 4 half days) plus 2 hours of individual online mentoring.
Certification process and requirements (1 hour)
DAY I – Webinar (5 hours)
- Probability and statistics/basic business and finance/inflation
- Optimization
- Break - 30 minutes
- Communications
- Cost engineering areas of study/computer operations/operations research
DAY II – Webinar (5 hours)
- Elements of cost/costing and pricing
- Cost indices and escalation factors/estimating data sources
- Break - 30 minutes
- Cost, quality, resource, and productivity management
DAY III – Webinar (5,5 hours)
- Organizational structures/management theories, behavioural science, motivational management
- Planning & scheduling
- Break - 30 minutes
- Basic scheduling and present/future work analysis/metrics
DAY IV – Webinar (5,5 hours)
- Value engineering
- Depreciation
- Break - 30 minutes
- Cost management
Additional online materials for self-study
- Productivity adjustment/learning curve/capital equipment purchase, lease and rental (1 hour)
- Contracting and contract administration/societal/legal issues of management/constructability analysis (1 hour)
- Engineering economics/time value of money (1 hour)
- Comparative economic studies/forecasting (1 hour)
Preparation
To prepare for the Certified Cost Technician (CCT) training course, you should read and work out some problems in 'Skills and Knowledge of Cost Engineering' (6th edition) and the 'Certification Study Guide' (2nd or 3rd edition). These publications are included in the course fee. You should also reacquaint yourself with college algebra, including logarithms and exponents.
Certificate
As a participant of this Certified Cost Technician (CCT) training course, you will receive a Personal 
Certificate. When you successfully pass the official AACE Certified Cost Technician (CCT) exam, you are entitled to put the CCT title after you family name.
Trainer(s)
This Earned Value Professional (EVP) training course is delivered under the Authorized Education Provider (AEP) accreditation program by AACE International. Your instructors are highly qualified and experienced international experts in the fields of cost engineering and project management. They will provide you with a unique blend of theoretical information and practical challenges and make sure that you will successfully pass the EVP exam! Your instructors are:
Alexandre G. Rodrigues, Eng PhD PMP
Dr. Alexandre Rodrigues has over 30 years of professional experience and is the founder and executive partner of PMO Projects, a consulting firm highly specialised in modern project management practices, with a special focus on areas such as performance measurement based on the Earned Value Management (EVM) method, cost engineering, project planning and scheduling, integrated risk management, and benefits management in large programmes and portfolios. PMO Projects has been operating in the international market for over 20 years, providing services to some of the most prestigious international organisations in the adoption of these practices and in a wide range of industry sectors, including defense, IT, mining, energy, pharmaceuticals, the public sector, and infrastructure.
Alexandre is one of 150 internationally recognised leading experts from the Cutter Consortium, a renowned international IT research company member of Arthur D. Little. He is president of the Portuguese Section of AACE International and has been coordinator/collaborator for the development of ISO 21500/21508 (EVM)/21511 (WBS) standards until September 2024, an initiative to which he continues to contribute as a volunteer. He was the lead author of the EVM standards published by the Project Management Institute (PMI), including the ANSI/PMI 19-006-2019 standard currently in force. Throughout his career, Dr Alexandre Rodrigues has lectured to undergraduate, postgraduate, and MBA courses at various universities in Europe, the United Kingdom, Australia, South America, and Africa.
Dr. Sean T. Regan, PhD CCP FAACE CEP EVP MRICS
Dr. Sean Regan has over 40 years of experience in planning, scheduling, estimating, cost engineering, contract administration, risk management, project management and Total Quality Management (TQM). He is experienced in implementing project management and construction project control systems for transportation, facilities, hospitality, telecommunications, power, infrastructure, mining & metals, nuclear, and petrochemical projects in over 56 countries in all 7 continents. Sean has experience with FIDIC, DTRA/DCMA/FAR, IMF, World Bank, EBRD and Asian bank policies, and tendering in support of projects.
Sean Regan is an active member, author and presenter for AACE, PMI, ACostE, FIDIC, and Project Controls Guild. He is association member (TAG) of ISO and ISO Work Group Voting Representative on project and programme management for ANSI standard 21506, 21508, 21511 and 21512. Sean is also lecturer at Anglo American University and has been a professor at international and US universities.
Start date(s)
The Certified Cost Technician (CCT) training course consists of 5 in-class training days, plus 4 webinars (21 hours of live online training) and 2 hours of personal online mentoring. Every in-class training day starts at 09.00 CET in the morning until approx. 17.00 CET in the afternoon. The training course will be held in Amsterdam (or surroundings). You can attend the training on:
Training 1 - Certified Cost Technician (CCT)
- 13 - 17 April 2026: consecutive on-site training days
- 11 - 15 May 2026: online sessions
- 1 - 5 June 2026: individual sessions
Training 2 - Certified Cost Technician (CCT)
- 26 - 30 October 2026: consecutive on-site training days
- 16 - 20 November 2026: online sessions
- 7 - 11 December 2026: individual sessions
Fee / Registration
The fee for the Certified Cost Technician (CCT) training course is € 7,980 (VAT excl.) per person. The CCT training consists of 5-days in-class training plus 4 live online half training days plus 2 hours of individual/personal session prior to the CCT exam. All official training materials and AACE standards, the official AACE-CCT exam, lunches and drinks are included in the fee.