Course description
Practicing Project Cost Management: On-Demand
The goal of this course is to provide practical tools, techniques and application advice which will enable participants to more effectively plan, budget and control project costs. To reach this goal, we provide structured learning re-enforcement.
Upcoming start dates
1 start date available
Suitability - Who should attend?
Who Should Attend
- Project managers
- Project team members
- Managers of project managers
- Functional managers and other project stakeholders impacted by project cost management
Prerequisites
- Basic project management training or an equivalent experience base
- Familiarity with Earned Value Management (EVM) concepts
Outcome / Qualification etc.
What You Will Learn
You'll learn how to:
- Determine an appropriate approach to effective cost management on specific projects
- Critique and optimize a WBS for the purpose of effective project cost management
- Analyze resource and schedule information for allocation into appropriate cost-estimating categories
- Select and implement the most appropriate estimating techniques for a specific project’s activities
- Develop an effective project budget that supports optimal cost performance
- Establish a cost performance baseline and react appropriately to variances outside tolerance levels
Training Course Content
- Getting Started
- Building a Foundation for Cost Management
- Defining Project Scope – Focus on the WBS
- Planning Resources & Time – Schedule as Key Input
- Estimating Costs
- Budgeting the Project
- Baselining and Controlling Cost
- Summary & Next Steps
Course delivery details
- Access your courses anytime, anywhere, with a computer, tablet or smartphone
- Videos, quizzes and interactive content designed for a proven learning experience
- 120 Days access. Take your courses on your schedule.
Why choose IIL Europe
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50,000 annual online conference visitors
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