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Costing Overview

person icon Savitha Muthukrishnan

4.4

Costing Overview

An Introductory Course on Costing, various methods and techniques, and Overview.

updated on icon Updated on Jun, 2024

language icon Language - English

person icon Savitha Muthukrishnan

category icon IT & Software

Lectures -5

Duration -57 mins

4.4

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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

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

  • No prior experience Required. New and experienced IT Professionals can benefit from this Course.
Costing Overview

Curriculum

Check out the detailed breakdown of what’s inside the course

Costing Introduction
5 Lectures
  • play icon Costing Introduction 07:24 07:24
  • play icon Costing vs Cost Accounting 02:05 02:05
  • play icon Cost Management vs Cost Control 02:16 02:16
  • play icon Costing Overview 26:20 26:20
  • play icon Cost Estimation Overview 18:58 18:58

Instructor Details

Savitha Muthukrishnan

Savitha Muthukrishnan

I am an IT Professional with over 19 years of experience in managing the Global Delivery of Mid to Large sized Programs in the Manufacturing, Supply Chain, Finance, Security, and Audit domains.

I possess Leadership Expertise in driving Project Teams towards Quality Delivery, Operational Execution Excellence, and Continuous Process Improvements and ensuring Consistent Delivery KPIs.

I see sharing Knowledge gained over all these years as a way of Giving Back and hence this humble effort to start offering Training, Guidance, and Coaching for Emerging Leaders.

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