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
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:
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
How to determine project budget, which also include:
Determine cost baseline
Estimate funding requirements
Determine project budget
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
