MQF/EQF Level 7

Award in Strategic Cost Management in Projects

Knights College
Malta
October 2026
award-in-strategic-cost-management-in-projects
Award in Strategic Cost Management in Projects
Mode
Part Time
Delivery
Class-Based Learning
Duration
1 Month
Location
Malta
Credits
6 ECTS/ECVET
Language
English
Early Registration starting from (EU Students)
€1,320
Price Full (EU Students)
€1,650

Up to €1,155 refunded via the Get Qualified Scheme.

Price International (Non-EU Students)

This module equips learners with the essential knowledge and practical skills required to effectively manage project costs from initiation through to completion.

It covers the full range of cost management activities, including cost planning, estimation, budgeting, monitoring, and control, ensuring projects are delivered within approved financial constraints.

Through a combination of theoretical frameworks and practical application, students develop competence in cost estimation techniques, budget preparation, and cost control methods. The module highlights the critical role of cost management in achieving project success and introduces key tools for financial analysis and reporting. Real-world case studies and practical exercises further enhance learning by enabling students to apply cost management principles to realistic project scenarios.

Mode of Assessment

A mixed-method assessment approach will be utilised for this programme. This will include the use of a group project / presentation (30 %) and an assignment (70 %).

Target Audience

This course is intended for those who are aged 21+ involved in project management who want to develop practical skills in planning, estimating, budgeting, and controlling project costs, particularly those responsible for ensuring projects are delivered efficiently within approved financial limits.

Modules

Module
ECTS
Contact Hours*
Research Methods
Module
ECTS
Duration
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ECTS
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ECTS
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ECTS
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Module
Total Credits
6
Credits to graduate
*1 ECTS is equivalent to 25 total hours of learning, inclusive of contact hours, supervised placement and practice hours, self-study hours, and assessment hours. Minimum 20% (5 hours for every ECTS) must be contact hours.
6 ECTS/ECVET

Awarding &
Accrediting Bodies

Awarding Body
Endorsed
Knights College

Knights College

This qualification is awarded by Knights College.
Accrediting Body
Malta Further and Higher Education Authority

Malta Further and Higher Education Authority

This qualification is accredited by the Malta Further and Higher Education Authority.

Course Information

This course is intended for those who are aged 21+ involved in project management who want to develop practical skills in planning, estimating, budgeting, and controlling project costs, particularly those responsible for ensuring projects are delivered efficiently within approved financial limits.‍
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Entry Requirements

The below are the requested entry requirements

Applicants should hold an undergraduate degree and have 2 years of relevant work experience. Excellent command of written English is required.

To determine your eligibility, at Knights College, we assess many factors including your education, career progression, and leadership and entrepreneurship qualities. If you do not meet the standard entry requirements and are adequately prepared to succeed in this programme, we welcome and encourage you to contact us for an interview.

Funding Schemes

Scholarships & Facilitations

Get Qualified Scheme

Get Qualified Scheme

Governed by the Malta Enterprise, this scheme gives the student up to 70% of the total fees paid for the course in tax credits. Get Qualified is an initiative that supports the personal development of individuals for the achievement of qualifications and certifications required by industry. Find out if you're eligible by contacting our admissions team or visiting the Malta Enterprise Get Qualified portal
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