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Project Cost Management

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  • ORegistration open
  • FClass full
  • GGuaranteed to Go
  • RRemote Classroom
Multiple Registrations?
Session Schedule Location Tuition Status
Oct 26 - Oct 27, 2017
08:30 - 16:00 , Thu-Fri
Washington , DC $1149 O
Nov 07 - Nov 08, 2017
08:30 - 16:00 , Tue-Wed
Washington , DC $1149 O
Displaying of 2 sessions Show All Show Less

Course overview

The first step in successfully managing project costs is to have a project budget that realistically reflects the costs for executing the project. Project Cost Management addresses the identification, elaboration, planning, development and management of the project budget. Using best practices, learn how to develop a project cost estimate, project budget and project budget baseline. In addition, practice the preparation of a spending profile that supports variance analysis and corrective action using earned value management (EVM). Gain an effective skill set for developing and controlling the project budget baseline. Note: This course is aligned with the PMBOK® Guide-5th Edition, which covers all related best practices. This course is part of the Certificate of Accomplishment in Project Management.PMBOK® Guideis a registered mark of Project Management Institute, Inc.

Who should attend?

Project managers, team members and others who want to apply best practices to improve their project cost estimating and budgeting skills.

Learning outcomes

  • Explain project cost management basics
  • Develop the project cost management plan
  • Assess cost estimating methods
  • Develop project budget and performance measurement baseline
  • Interpret and analyze cost performance

Course outline

Syllabus

DAY 1

  • Welcome and Introductions
  • Lesson 1: Project Management Overview and Concepts
  • Lesson 2: Project Cost Management
  • Lesson 3: Planning for Cost Management
  • Lesson 4: Estimate Costs

DAY 2

  • Lesson 4: Estimate Costs
  • Lesson 5: Determine Budget
  • Lesson 6: Control Costs
  • Course Summary

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