Course information
This course is for project managers, Project Planners and project engineers , Cost Controller who need to focus onProject Cost Management.Learn how to create a Project Budget , how to do Earned Value analysis and control project cost
Course Methodology
The format of the two-days workshop is a series of brief lectures followed by discussion and hands-on exercises. Case studies and real-life examples are used to illustrate success and failure
Course Objectives
The Cost Management course addresses the identification, elaboration, planning, and management of the project budget. Including selected processes from the PMI Integration, Cost, Scope and Risk Knowledge Areas, this class addresses the development of a Project Cost Estimate, Project Budget, and the Project Budget Baseline. In addition it addresses the preparation of a spending profile that supports variance analysis and corrective action using Earned Value Management. Using a combination of theory based lecture and hands on exercises, students are provided with an effective skill set for developing and controlling the project budget baseline.
