Certificate included
Worldwide Cost Engineering Professional Training
Success through expertise: Become a certified cost engineering professional and drive innovative solutions
Discover coursesTheory and practice
Our three-stage training offers you a unique opportunity to stand out as a certified Cost Engineer.
Each module of our training focuses on practice-relevant tasks and reflects our extensive consulting experience.
Participants not only receive a best practice manual for daily use, but also a certificate and access to our exclusive network of cost engineering professionals.
In this way, we ensure that you not only receive well-founded theoretical training, but also acquire practical skills that are directly applicable in the professional world.
Leading Companies Rely on Our Training
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Module 1
Cost Engineering
Professional
Duration: 2 Days
Training Content (Day 1)
Product Cost Calculation
Basic knowledge of cost and activity accounting in relation to product cost calculation, cost accounting systems in companies, partial cost accounting, full cost accounting with and without machine hourly rate, overhead cost calculation, social overhead cost calculation, difference between wages and salaries, tasks of accounting in companies, offer calculation of suppliers, software systems for product cost estimation, explanation and benefits of market data / benchmark data in product cost estimation
Cost Estimation
Meaning, areas of use, application and tasks, challenges, advantages and disadvantages
Should Costing
Meaning, areas of use, application and tasks, challenges, advantages and disadvantages
Cost Break Down
Meaning, examples of different CBDs from the industry with different transparency of cost drivers, benefits of CBDs for gaining cost transparency in products and services, use of CBDs in reports to show cost drivers in projects
Cost Transparency
Benefits of cost transparency, development of cost transparency in suppliers' products and services
Training Content (Day 2)
Change Management
Meaning, areas of application, procedure in relation to products and processes
Product Comparison
Benefits of product comparisons in relation to their cost structure, areas of application, procedure
Relocation
Significance, areas of application, elaboration of the changes resulting from product relocations to other locations
Cost Driver Analysis
Meaning, areas of application, benefits of cost driver analysis, elaboration and procedure for generating cost drivers for cost optimization
Calculation of Components & Assemblies
Live product cost estimation of the participants of products and / or assemblies in the workshop with discussion and procedure in an Excel version, which the participants receive afterwards.
Digital Courses
🌍 Worldwide upon request, English
🗽 Special US Courses, English
On-site appointments in Europe
11. - 12. March 2025, German (Cologne)
18. - 19. March 2025, English (Cologne)
07. - 08. October 2025, German (Cologne)
14. - 15. October 2025, English (Cologne)
1,980 € (~$)
Book nowModule 2
Cost Engineering
Professional
Duration: 3 Days
Training Content
Advanced Knowledge
Module 2 builds on the knowledge gained in Module 1. Module 1 taught the basics of product costing in companies as well as the fundamentals of product cost estimates and the required methods, tools and data. In addition, initial approaches for cost optimization and methods for gaining cost transparency were trained.
In Module 2, the most important basics, methods and tools are repeated in the first 2 hours.
In Module 2, the most important basics, methods and tools are repeated in the first 2 hours.
Target Costing
History, definition, principles, cost management process vs. target costing process, objective, methods, advantages and disadvantages, implementation, market requirements, control process, tools, connection with cost engineering
Design To Cost
Cost management process vs. design to cost process, reasons for DtC, definition, goal, potentials, requirements, problems, methods, prerequisites, process flow, connection with cost engineering
Cost Engineering Projects Planning, Leading & Closing
Explanation of project management, expectations, success factors, prerequisites, project phases
Leading cost workshops with customers, suppliers and internal organizations
Methodology, potential, preparation, implementation, follow-up
Negotiation Technique
Objectives, basics and introduction, negotiating interests and power, strategies, negotiating tactics, phases of negotiation, decision-making phase
Digital Courses
🌍 Worldwide upon request, English
🗽 Special US Courses, English
On-site appointments in Europe
8. - 10. April 2025, German (Cologne)
22. - 24. April 2025, English (Cologne)
4. - 6. November 2025, German (Cologne)
18. - 20. November 2025, English (Cologne)
2,870 € (~$)
Book nowModule 3
Cost Engineering
Professional
Duration: 3 Days
Training Content
Cost Engineering Professional Recap
Module 3 builds on the knowledge gained in modules 1 and 2. Module 1 teaches the basics of product costing in companies as well as the fundamentals for product cost estimates and the required methods, tools and data. Initial approaches to cost optimisation and methods for gaining cost transparency are also taught. Module 2 covers target costing, design to cost, cost engineering project planning, implementation and successful completion, internal and external cost workshops with suppliers and negotiation techniques.
In Module 3, the most important basics, methods and tools from Modules 1 and 2 are repeated in the first 2 hours.
In Module 3, the most important basics, methods and tools from Modules 1 and 2 are repeated in the first 2 hours.
Cost engineering key performance indicators (KPI) & strategy development
Dashboards, benefits of key figures and explanation, general economic key figures, specific CE key figures
Organisational structure and management
Explanation of different organisational structures, different management styles, explanation of the Eisenhower matrix, motivation of employees, management concepts
Value Management
Definition and meaning, explanation of the value management process, value analysis process according to DIN, preparation, implementation, risk analysis, profitability analysis, explanation of SMART, creativity methods, evaluation of ideas, realisation
Train the Trainer
Learning types and motivation, motivation types, learning objectives, learning efficiency, non-verbal communication, learning methods, competence model, training design, training concept, conflict management
TRIZ
History and definition, nine-field thinking, functional analysis, technical evolution, DFMA-MTK and optimal assembly, preventive optimisation
Digital Courses
🌍 Worldwide upon request, English
🗽 Special US Courses, English
On-site appointments in Europe
13. - 15. May 2025, German (Cologne)
20. - 22. May 2025, English (Cologne)
02. - 04. December 2025, German (Cologne)
09. - 11. December 2025, English (Cologne)
3,450 € (~$)
Book nowPackage price: 7,470,- €. You save 830,- € incl. module 1 + 2 + 3 incl. certificate.
Upon receipt of your registration, you will receive a confirmation of registration and the corresponding invoice. The participation fees are to be understood as advance fees. Invoices are due immediately upon receipt. All prices are subject to 19% VAT. The participation fees include snacks during breaks, lunch, refreshments (for face-to-face events), seminar documentation and a certificate. Cancellations will be charged in full. We are happy to accept a replacement participant or participation in an alternative event date (rebooking up to eight weeks before the event date at the latest). Any costs incurred by the speakers for overnight stays, travel to and from the event and expenses for in-house seminars will be borne by the client and invoiced based on receipts or mileage.
Upon receipt of your registration, you will receive a confirmation of registration and the corresponding invoice. The participation fees are to be understood as advance fees. Invoices are due immediately upon receipt. All prices are subject to 19% VAT. The participation fees include snacks during breaks, lunch, refreshments (for face-to-face events), seminar documentation and a certificate. Cancellations will be charged in full. We are happy to accept a replacement participant or participation in an alternative event date (rebooking up to eight weeks before the event date at the latest). Any costs incurred by the speakers for overnight stays, travel to and from the event and expenses for in-house seminars will be borne by the client and invoiced based on receipts or mileage.
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