0807ALFA
Module
08 Managing Cost Estimating & Budgeting
Sub-Module
Level
Master Level (Senior / Lead Controls Practitioner)
Discipline
Forensic Analysis
- To be able to evaluate the assumptions and conduct sensitivity analysis done by others, and using that information, be able to create, modify or update the activity based costing process, tools, techniques or methodology to satisfy the needs, wants and expectations of the key stakeholders
- Be able to evaluate how others set up and run a Monte Carlo simulations, be able to read and understand the outputs from a Monte Carlo simulation and based on those results make the appropriate recommendations to the relevant decision makers, the objective being to offer constructive cri