Cost Management for Projects
|Please contact us if you would like to set up a customized training course in your city or at your corporate site.|
Duration: 1 day
Description: Do you struggle to figure out what it will cost to execute a project? Does your organization lack effective techniques for estimating and controlling project costs? If you can answer yes to either of these questions, you should consider attending this course.
RefineM’s Cost Management for Projects course gives you the basics you need to perform effective cost management. You will learn how to put together a cost management plan, utilize proven techniques for estimating cost, assemble a project budget, and implement tight controls to guard against cost overruns. This course will help you understand the difference between management reserve and contingency reserve. You will leave this course able to perform the critical functions of cost management on your projects. This course is aligned with the Guide to the Project Management Body of Knowledge (PMBOK® Guide) Fifth Edition.
Course Objectives: After completing the course, you will be able to
- Describe the components of a cost management plan.
- Understand and apply techniques for estimating costs and determining budget.
- Apply effective cost control techniques, including Earned Value Management.
Who Should Attend: Any project managers, PMO directors or members, or project team members who are involved with cost management in their organizations.
PDUs: 7 PDUs (Strategic: 0, Leadership: 0, Technical: 7)
Course Delivery: Variable
Course Material: RefineM will prepare and provide the necessary training course material for all attendees.
About RefineM's Instructors: RefineM's instructors are experienced and certified in project management and Agile and bring real-world experience to their instruction. Our instructors not only teach concepts, we also provide insights and hands-on experience. And we don’t waste time. Our training is focused and hard-hitting. We offer practical targeted training in just the key topics that will make the most impact.