Projects Cost Management, Estimating, Budgeting and Control.

Projects Cost Management, Estimating, Budgeting and Control.

This course consist of two parts. The fist part is a theoretical explanation based on the cost management chapter from PMBOK (the book that is used for PMP certificate) and the second part is a practical example about how to apply the theoretical part..

Both parts talk about three main topics:

How to estimate costs for activities in the project, which also include:
  • Estimating costs tools and techniques.
  • Handling Risk Reserves costs
  • Cost of Quality
  • Documenting the costs basis of estimates
How to determine project budget, which also include:
  • Estimate funding requirements
  • Determine project budget
How to Control Project Costs, through: 
  • Calculating CPI, SPI, CV, SV
  • Forecasting project costs y using Earned Value Management Tools

Who this course is for:

  • Engineering and IT practitioners
  • Anyone interrested in project management

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