Learn how to estimate costs for any project, how to determine budget and how to use Earned Value Management tools. 3 PDU.

This course includes:

  • 2.5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of completion

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