Discover | Costing

 


Introduction  |  Get Started  |  Learn  |  Practice  |   Apply  |  Explore Further   |  Checkpoint


 

Learning Outcomes:

 

Learning outcomes are statements that specify what learners will know or be able to do as a result of a learning activity.  Outcomes are usually expressed as knowledge, skills, or attitude

 

Learning outcomes describe a desired condition – that is, the knowledge, skills, or attitudes needed to fulfill the need.  They represent the solution to the identified need or issue.  Learning outcomes provide direction in the planning of a learning activity.

Upon completion of Module: Costing, learners will:

 

  1. Understand the concepts related to costing such as revenue, expenses, fixed and variable costs

 

  1. Be able to develop a costing for an innovation project

 

  1. Be able to analyze and forecast costs for variables such as materials, marketing, research and packaging.

 

  1. Develop an understanding of the range of scenarios that are possible when costing a project and how to manage the costing each scenario.