Projects Cost Management Estimating Budgeting and Control

Course Feature

Cost

Paid
Provider

Udemy
Certificate

Paid Certification
Language

English
Start Date

2022-10-03
Learners

No Information
Duration

No Information
Instructor

Saad Almeri

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4.1

73,845 Ratings

This course is perfect for those looking to learn the fundamentals of project cost management, estimating, budgeting and control. It consists of two parts: a theoretical explanation based on the cost management chapter from PMBOK and a practical example of how to apply the theoretical part. Topics covered include types of costs, estimating costs tools and techniques, risk reserves costs, cost of quality, documenting the costs basis of estimates, determining cost baseline, estimating funding requirements, determining project budget, using earned value management techniques to assess project performance, calculating CPI, SPI, CV, SV and forecasting project costs. Click now to learn the essential skills for successful project cost management.

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Projects Cost Management Estimating Budgeting and Control

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Course Overview

❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [July 24th, 2023]

Welcome to the "Projects Cost Management Estimating Budgeting and Control" course, where you will embark on a journey to master the intricacies of cost management in projects. This comprehensive course comprises two distinct parts, providing you with a well-rounded understanding of the subject. In the theoretical segment, you will delve into the principles of cost management, drawing insights from the authoritative PMBOK, a cornerstone for PMP certification. Here, you will explore fundamental topics such as cost estimation, encompassing various aspects like types of costs, estimation tools, risk reserves, cost of quality, and documenting the cost basis of estimates. Additionally, you will learn how to determine a project budget, covering essential steps like cost baseline determination, estimating funding requirements, and finalizing the project budget. In the second part of the course, you will witness theory in action through a practical example, allowing you to apply the acquired knowledge to real-world scenarios. Furthermore, you will learn how to effectively control project costs using Earned Value Management Techniques, enabling you to assess project performance and forecast costs using vital tools like CPI, SPI, CV, and SV. This course promises to empower you with the skills needed to manage project costs efficiently and successfully steer projects towards success. Join us in this learning adventure to elevate your project management prowess and make an impact in your professional endeavors.

Course Syllabus

Introduction

Theoritical Part

Project Simulation and Detailed Example

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