Cost Management™ - 8 PDUs
Course Description: A
project manager's focus is quite often
the project schedule, with little regard
to project cost and budget. Too often, product
is delivered on time but at a great cost
in dollars and personnel expenditures. This
course will teach students how to effectively
estimate project cost and manage the project
budget. Advanced techniques in earned value
will be presented as well as several excellent
estimating models. Students will learn how
to control project costs while still producing
on time the product or services they promised.
Subjects covered during this course include:
• Financial measures for project
selection
• Effective techniques for assigning
resources and estimating project cost
• Cutting through the "smoke"
of project status reports
• Establishing cost information
gathering processes
• Variable vs. fixed costs
• Reporting and analyzing variances
• Developing effective cost control
reports
• Working with estimates-to-complete
• Techniques for calculating earned
value
• Bottom up estimating
• Top down estimating
The Project Management knowledge areas
from PMI's Project Management Body of Knowledge
(PMBOK) areas covered will include:
• Cost Management
• Scope Management
• Time Management
• Vendor Management
• Integration Management
• Human Resources Management
This course is an elective
course for the PMLG Certified Project Manager
(CPM) Program. It also provides excellent
preparation for taking the Project Management
Professional (PMP ®) examination.
Course Duration:
1 Day
Onsite Training is Available!
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