Projects Cost Management, Estimating, Budgeting and Control.
4.0 (103 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
13,928 students enrolled

Projects Cost Management, Estimating, Budgeting and Control.

Learn how to estimate costs for any project, how to determine budget and how to use Earned Value Management tools. 3 PDU
New
4.0 (103 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
13,928 students enrolled
Created by Saad Almeri
Last updated 7/2020
English
English [Auto]
Current price: $69.99 Original price: $99.99 Discount: 30% off
23 hours left at this price!
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This course includes
  • 2.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • How to estimate costs for a project
  • How to determine project budget
  • How to control project costs
  • How to use Earned Value Management indicators
Requirements
  • No prerequisites
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:

  1. How to estimate costs for activities in the project, which also include:

    • Types of Costs

    • Estimating costs tools and techniques.

    • Handling Risk Reserves costs

    • Cost of Quality

    • Documenting the costs basis of estimates

  2. How to determine project budget, which also include:

    • Determine cost baseline

    • Estimate funding requirements

    • Determine project budget

  3. How to Control Project Costs, through: 

    • Using Earned Value Management Techniques to assess project performance

    • 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
Course content
Expand all 26 lectures 02:41:37
+ Theoritical Part
17 lectures 01:32:29
What is Cost Management?
02:57
Direct and Indirect Costs
02:50
Analogous Estimating
02:36
Parametric Estimation
04:09
Three-Point Estimating
02:27
Reserve Analysis
09:42
Cost Estimates and Basis of Estimates
02:59
Cost Baseline
06:18
Funding Requirements
03:45
Earned Value Formulas
07:07
Project Status
05:39
Earned Value Example
08:02
Forecasting Three Scenarios
15:39
Forecasting Example
03:06
To-Complete-Performance-Index TCPI
06:27
Performance Reviews
02:44
Recap
06:02
+ Project Simulation and Detailed Example
8 lectures 01:07:40
Direct and Indirect Costs
04:30
Cost Estimates and Reserve Analysis
20:10
Cost Baseline and Project Budget
03:25
Basis of Estimate
02:28
Funding Requirements
07:14
Earned Value Calculation
15:20
Forecasting
09:13
TCPI
05:20