Costing Overview
An Introductory Course on Costing, various methods and techniques, and Overview.
Updated on May, 2024
Language - English
Lectures -5
Duration -57 mins
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Course Description
This course provides an overview of Costing as it applies to various Industries and will be beneficial for all IT professionals including IT Project Managers, Developers, Business Analysts, and Testers.
The Course provides a fundamental overview of the below Topics:
- Classification of Cost
- Methods of Costing
- Costing Techniques
- Cost Estimation methods
- Cost Estimation Process Steps
Costing is a very critical process that is needed in every Organization to better plan its budgets, make proactive financial decisions, as well as Strategic decisions to be a competitive player in the Industry.
The Fundamentals provided in this Course are applicable across all Industries. Most Industries and Organizations apply one or more of these Costing methods and techniques in their Business processes. A Consolidated estimated Cost from these is then used to prepare the Organization's Budget plan and Financial plans.
Who this course is for:
- The Course will be beneficial for all IT professionals including IT Project Managers, Developers, Business Analysts, and Testers.
Goals
What will you learn in this course:
Upon completion of this Course, Students will be able to better understand and apply their knowledge of Costing in their day-to-day jobs.
The Course provides an Overview of Costing.
Topics covered include Classification of Cost, Costing methods and Techniques, and Cost Estimation methods and Process Steps.
Students can familiarize themselves with Fundamentals in Costing as applied to various Industries.
Students will be able to leverage the knowledge in their day-to-day roles.
Prerequisites
What are the prerequisites for this course?
- No prior experience Required. New and experienced IT Professionals can benefit from this Course.
Curriculum
Check out the detailed breakdown of what’s inside the course
Costing Introduction
5 Lectures
-
Costing Introduction
07:24
07:24
-
Costing vs Cost Accounting
02:05
02:05
-
Cost Management vs Cost Control
02:16
02:16
-
Costing Overview
26:20
26:20
-
Cost Estimation Overview
18:58
18:58
Instructor Details
Savitha Muthukrishnan
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