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LinkedIn Learning

Project Management Foundations: Budgets

via LinkedIn Learning

Overview

Learn how to manage your project's budget—a foundational knowledge area from the Project Management Body of Knowledge (PMBOK®).

Syllabus

Introduction
  • Manage your project budget so it doesn't manage you
1. Budgeting Fundamentals
  • What is a project budget?
  • Budgets with WBS and project tools
  • Discover costing standards
  • Consider enterprise environmental factors
  • Examining capital and operating costs
2. Building the Budget
  • Types of estimating
  • Estimation approaches
  • Establishing an estimating structure
  • Assigning costs to resources
  • Finalizing and communicating your budget
  • Budget considerations for agile projects
3. Managing the Budget
  • The correct level of budget detail
  • Prioritizing budget versus scope elements
  • Recover a bloated budget
  • Earned value budget tracking
4. Budget Management Pro Tips
  • Collect resource usage information
  • Select budget reporting options
  • Funding limit reconciliation
  • Apply foresight to your budget status
  • Address budgeting issues
Conclusion
  • Next steps

Taught by

Bob McGannon

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4.7 rating at LinkedIn Learning based on 1806 ratings

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