TCS-I Foundations

Cost Analysis (TCS-I-04)


Description
Element of our Foundations course which introduces students to Cost Analysis. To get the Foundations course: select a bundle in our course catalog, then click above on the button "Get all for $xxx". You will get one year unlimited access to the course and all supporting content.

'Foundations' course objectives:
• To be introduced to and understand the concept of Strategic Cost Management
• To obtain a Cost Management Roadmap to assess the current level of cost management performed on any category of spend/cost, and the next steps to take on the journey to manage costs
• To obtain, understand and apply a set of price analysis tools
• To distinguish between price analysis and cost analysis
• To gain knowledge of the cost analysis tools available and learn the important cost definitions and terminology
• To prepare the student for the Cost Modelling course
Content
  • Introduction To Cost Analysis
  • Using Cost Models
  • Defining Cost
  • Types of Cost
  • Overhead Allocation
  • Overhead Test for Reasonableness
  • Overhead Rate Changes
  • Activity Based Costing and Magnification of Cost
  • Gaining Cost Cooperation
  • Static Cost Models
  • Dynamic Cost Models and TCO Models
  • Review of this module
Completion rules
  • All units must be completed