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Projects Cost Management, Estimating, Budgeting and Control


Projects Cost Management, Estimating, Budgeting and Control


Description
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
  • Using Earned Value Management Techniques to assess project performanceDetermine cost baselineTypes of Costs

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