Target Costing
Certificate Course - Management of Product Development - MPD.3.2.I26
| Date | Jun 11, 2027 |
| Duration | 0,5 days |
| Location | On campus - Karlsruhe |
| Language | English |
| ECTS | upon request |
| Cost | 500€ |
Fundamentals
Introduces goals, principles, and lifecycle perspective of Target Costing to support industrial engineering across technology development processes.
Technology
Teaches systematic application, identification of cost drivers, and integration with methods like Kano, Poka Yoke, Mind Map, and Meta Plan.
Applications
Applies Target Costing to guide design decisions, avoid negative interactions with creativity/innovation, and align portfolio/value analysis and design guidelines.
What you'll explore
- Basics and principle approach of Target Costing; lifecycle cost implications
- Systematic application to support engineering decisions in PD
- Identifying and managing key cost drivers during development
- Integrating Target Costing with Kano, Poka‑Yoke, Mind Mapping, Meta‑Plan
- Using portfolio and value analysis and design guidelines in this context
- Balancing cost targets with creativity and innovation processes
Your key takeaway
Participants
- Use Target Costing effectively in industrial engineering processes.
- Identify major cost drivers in product development.
- Decide how to apply Target Costing without hindering creative invention.
- Plan processes with tools like Kano, Poka‑Yoke, Mind Map, and Meta‑Plan.
- Apply portfolio/value analysis and design guidelines alongside cost targets.
Sascha Ott
Sascha Ott is a research and innovation leader at Karlsruhe Institute of Technology (KIT), specializing in mobility transformation and advanced drivetrain systems. His work focuses on innovation strategies for mobility research, energy-efficient propulsion technologies, and sustainable vehicle systems. Key topics include tribological systems such as brakes and clutches, particulate emission reduction, and the development of innovative drive concepts for future mobility scenarios. He also leads innovation projects that bridge research and industry, supporting technology transfer and transformation in the automotive sector. In addition, he is actively involved in teaching, executive education, and the development of new product and innovation methodologies.
Who shoud attend
This course is ideal for:
- Product development and industrial engineering professionals driving cost targets.
- Project and methods engineers integrating Target Costing into PD.
- Product managers balancing innovation with economic targets.
- Early‑career professionals seeking a concise introduction to Target Costing.
Advance your career with KIT-level expertise
Benefit from the reputation of the Karlsruhe Institute of Technology (KIT) while gaining practical skills, flexible learning opportunities, and a recognized certificate to support your long-term professional growth
Flexibility
Gain focused expertise in a specific field without committing to a full degree program, allowing you to build relevant knowledge efficiently and integrate learning seamlessly into your professional routine.
Relevance
Benefit from high-quality academic content combined with practical insights, delivered by experienced experts, supporting continuous, lifelong learning while ensuring direct applicability in real-world scenarios.
Advancement
Enhance your professional profile with a recognized certificate, demonstrating your commitment to ongoing development and supporting your career with tangible, verifiable credentials.
About HECTOR School
HECTOR School, the Technology Business School of the Karlsruhe Institute of Technology (KIT), is a leading provider of executive education in technology-driven fields.
For this course, participants who successfully complete the examination can earn a KIT certificate with ECTS credits, which may be credited toward our Executive Master of Science or Advanced Studies Programs, subject to content alignment.