- Type Validation
- Level Foundational
- Time Weeks
- Cost Paid
Associate Certificate in Cost Estimation for the Resources Industry
Earners of this badge can employ foundational tools and techniques to perform capital, operating, and business cost estimation from scoping projects to feasibility studies. Earners can demonstrate general estimation techniques, shortcuts, and checks, and can explain the use of benchmarking to validate cost estimates. They can illustrate cost estimation case studies and correctly estimate accuracy, contingency, owner’s costs, and timing. Earners are eligible to claim 20 PD hours with AusIMM.
- Type Validation
- Level Foundational
- Time Weeks
- Cost Paid
Skills
Earning Criteria
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Attend or view four 90-minute virtual classrooms
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Read written resources, watch pre-recorded videos and provide short written responses to discussion questions.
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Complete knowledge check questions with a pass mark of 100%