This course develops the skills needed to perform realistic cost estimates and use them effectively in economic analysis, budgeting, and managerial control.

There is an old saying that the man who relies on the seat of his pants to predict the future may soon lose his shirt. This saying illustrates the importance of cost-estimation to organizations, especially in a rapidly changing global, technology intensive and competitive environment. A timely and accurate estimate is important for timely and accurate decision making, and invariable profit. This course develops the skills needed to perform realistic cost estimates, use them effectively in economic analysis, budgeting, and managerial control.

Applications and benefits:

You will benefit by enhancing your understanding of:

Who should attend:

This course is designed for first-line supervisors, project, program, and technical managers in technology focused organizations, both private and public. The case studies presented come from service and manufacturing industries as well as from the public sector. Senior level managers should also find the course an informative refresher for the latest advances in project management techniques.

Course Outline:

About the Instructor

Dr. John O. Aje is the Dean of the School of Applied Science and Technology at Thomas Edison State College, in Trenton, New Jersey. Prior to his present position, he was the Associate Dean for Academic Affairs and the Chair of the Technology and Engineering Management department at the University of Maryland University College. He has over thirty years of experience in developing and delivering educational programs and training to managers at all levels in business, industry and especially in the military. He is a member of the editorial board of several professional journals such as the International Institute of Electronics and Electrical Engineers (IEEE) journal, "Transactions On Engineering Management"; "Procedia Computer Science" and "Technovation: The International Journal of Technological Innovation, Entrepreneurship and Technology Management." He is the President of International Association for Management of Technology (IAMOT), the premier professional association for practitioners and academicians in the field and was a member of the Board of Examiners of the Malcolm Baldrige National Quality Award for over ten years.

Dr. Aje received his B.S. degree from Clemson University, M.S. degree from North Carolina State University, Master of Engineering Management, (M.E.M.) and D.Sc. from the George Washington University School of Engineering and Applied Science.


Course: MGM-221 Duration: 3 Days FEE: $1,499 CEUs: 2.16

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Please direct any additional inquiries regarding this course to Anita Hellstrom, Program Coordinator, by e-mail, FAX: (240) 371-4488 or TELEPHONE: (800) 683-7267.

Call toll free 1-800-683-7267 from anywhere in the Continental U.S. or CANADA.

Last modified January 29, 2017.