0808PLFA

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-8 Validating Horizontal And Vertical Integration
Level
Professional (Practitioner / Project Manager)
Discipline
Forensic Analysis
  • Can identify and explain the various types of interfaces that can and do exist between work packages and activities to ensure that we have horizontal traceability in terms of cost in terms of cost
  • Can identify and explain the various tools/techniques that we can use between work packages and activities to ensure that we have vertical traceability and that our schedules can "roll up" or "roll down" without losing activities or work packages

0808PLCM

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-8 Validating Horizontal And Vertical Integration
Level
Professional (Practitioner / Project Manager)
Discipline
Cost Management
  • Can identify and explain the various types of interfaces that can and do exist between work packages and activities to ensure that we have horizontal traceability in terms of cost in terms of cost
  • Can identify and explain the various tools/techniques that we can use between work packages and activities to ensure that we have vertical traceability and that our schedules can "roll up" or "roll down" without losing activities or work packages

0808PLPS

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-8 Validating Horizontal And Vertical Integration
Level
Professional (Practitioner / Project Manager)
Discipline
Planning & Scheduling
  • Can identify and explain the various types of interfaces that can and do exist between work packages and activities to ensure that we have horizontal traceability in terms of cost in terms of cost
  • Can identify and explain the various tools/techniques that we can use between work packages and activities to ensure that we have vertical traceability and that our schedules can "roll up" or "roll down" without losing activities or work packages

0807PLPC

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-7 Validate The Time & Cost Trade-Offs
Level
Professional (Practitioner / Project Manager)
Discipline
Project Controls
  • Is able to define and explain how to test/validate assumptions and the tools/techniques that can be used to conduct a sensitivity analysis, how to use them and how to interpret the results
  • Be able to explain how Monte Carlo simulations works and be able to read and understand the outputs from a Monte Carlo simulation

0807PLFA

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-7 Validate The Time & Cost Trade-Offs
Level
Professional (Practitioner / Project Manager)
Discipline
Forensic Analysis
  • Is able to define and explain how to test/validate assumptions and the tools/techniques that can be used to conduct a sensitivity analysis, how to use them and how to interpret the results
  • Be able to explain how Monte Carlo simulations works and be able to read and understand the outputs from a Monte Carlo simulation

0807PLCM

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-7 Validate The Time & Cost Trade-Offs
Level
Professional (Practitioner / Project Manager)
Discipline
Cost Management
  • Is able to define and explain how to test/validate assumptions and the tools/techniques that can be used to conduct a sensitivity analysis, how to use them and how to interpret the results
  • Be able to explain how Monte Carlo simulations works and be able to read and understand the outputs from a Monte Carlo simulation

0807PLPS

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-7 Validate The Time & Cost Trade-Offs
Level
Professional (Practitioner / Project Manager)
Discipline
Planning & Scheduling
  • Is able to define and explain how to test/validate assumptions and the tools/techniques that can be used to conduct a sensitivity analysis, how to use them and how to interpret the results
  • Be able to explain how Monte Carlo simulations works and be able to read and understand the outputs from a Monte Carlo simulation

0806PLPC

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-6 Developing The Contractors Cost Estimate (Bottom Up)
Level
Professional (Practitioner / Project Manager)
Discipline
Project Controls
  • Is able to define and explain what are Bills of Quantities or Bills of Materials are, where they come from (Including BIM) and what the limitations, constraints and assumptions are associated with using them
  • Is able to recall and explain what purpose a Level 5 estimate is appropriate for, what is the scope definition, what are the acceptable ranges of accuracy and which estimating tools/techniques are appropriate for this class of estimate
  • Be able to define and explain what Activity Based Costing is, what components go into activity based costing when is it appropriate

0806PLFA

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-6 Developing The Contractors Cost Estimate (Bottom Up)
Level
Professional (Practitioner / Project Manager)
Discipline
Forensic Analysis
  • Is able to define and explain what are Bills of Quantities or Bills of Materials are, where they come from (Including BIM) and what the limitations, constraints and assumptions are associated with using them
  • Is able to recall and explain what purpose a Level 5 estimate is appropriate for, what is the scope definition, what are the acceptable ranges of accuracy and which estimating tools/techniques are appropriate for this class of estimate
  • Be able to define and explain what Activity Based Costing is, what components go into activity based costing when is it appropriate

0806PLCM

Module
08 Managing Cost Estimating & Budgeting
Sub-Module
M08-6 Developing The Contractors Cost Estimate (Bottom Up)
Level
Professional (Practitioner / Project Manager)
Discipline
Cost Management
  • Is able to define and explain what are Bills of Quantities or Bills of Materials are, where they come from (Including BIM) and what the limitations, constraints and assumptions are associated with using them
  • Is able to recall and explain what purpose a Level 5 estimate is appropriate for, what is the scope definition, what are the acceptable ranges of accuracy and which estimating tools/techniques are appropriate for this class of estimate
  • Be able to define and explain what Activity Based Costing is, what components go into activity based costing when is it appropriate
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