AACE introduces its new eLearning series. The first module, Pricing and Costing, was released in February 2017.
This module explains the difference between pricing and costing. It is important to distinguish between the terms "price" and "cost". There is a very fine line separating them which is why people often use the terms interchangeably. This module highlights the concepts of pricing and costing of a project, illustrates the variances, and helps the learner identify the inputs, transforming mechanisms (tools and techniques), and outputs related to the cost and pricing process.
The module can be utilized as a study aid for the CCP Certification Exam. It is interactive with questions posed intermittently to assess knowledge gained by the viewer. There is also a test at the end requiring a 70% score to earn 0.1 CEUs.