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Objectives

This module introduces students to the basics of cost management. Concepts relating component items and process steps to value-added functions are introduced as a precursor to the analysis of system cost over the entire life cycle of products and services. It also deals with tools and approaches to select equipment, materials for cost-effective operations. This module enables students to cost out a system and recommend approaches to develop strategies for increasing the cost effectiveness of the system.

Who Should Attend

Process Specialist/Shift/ Group Team Leader; Associate Engineer/Assistant Engineer; Engineer; Master Craftsman; Senior Engineer; Chief Engineer.

Entry Requirements

Class Schedule

Tutorial Schedule

Same Day as Lecture

Lesson Delivery

1. Facilitated Learning - 52 hours; 2. Project - 39 hours; 3. Assessment - 2 hours.

Full Fees (before GST)

S$4200.00

Nett Fees payable after SSG Funding

	International Participant	Singapore Citizen 39 years old or younger	Singapore Citizen 40 years or older eligible for MCES	Singaporean PRs	Enhanced Training Support for SMEs
Full Programme Fee	S$4200.00	S$4200.00	S$4200.00	S$4200.00	S$4200.00
SSG Funding * Eligible for Claim Period 1 Oct 2024 to 30 Sep 2027	-	S$2940.00	S$2940.00	S$2940.00	S$2940.00
Nett Programme Fee	S$4200.00	S$1260.00	S$1260.00	S$1260.00	S$1260.00
9% GST on Nett Programme Fee	S$378.00	S$113.40	S$113.40	S$113.40	S$113.40
Total Nett Programme Fee Payable, Incl. GST	S$4578.00	S$1373.40	S$1373.40	S$1373.40	S$1373.40
Less Additional Funding if Eligible Under Various Scheme	-	-	S$840.00	-	S$840.00
Total Nett Programme Fee, Incl. GST, after additional funding from the various funding schemes	S$4578.00	S$1373.40	S$533.40	S$1373.40	S$533.40

Learners must pass all assessment components to be eligible for SSG funding. Please note that all external funding for courses is limited in duration and subject to availability.

Please note that the mode of delivery is subject to change in light of the COVID-19 situation. Courses marked ‘online’ may have compulsory face-to-face sessions such as laboratory or hands-on components and details should be sought from the schools or departments before learners register for them.

Last updated: 16 April 2024