PROJECT COST MANAGEMENT
Saturday Classes are available for those who cannot find time during the week.
The Project Cost Management
course is aligned to Project Management Body of Knowledge (PMBOK), which is internationally recognised best practice model for Project Managers. It is tailored for the PM Practitioner to address gaps and gain in-depth knowledge of the Project Cost Management Knowledge Area.
Project Cost Management includes the processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget.
Plan Cost Management—The process that establishes the policies, procedures, and documentation for planning, managing, expending, and controlling project costs.
Estimate Costs—The process of developing an approximation of the monetary resources needed to complete project activities.
Determine Budget—The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline.
Control Costs—The process of monitoring the status of the project to update the project costs and managing changes to the cost baseline.
Basic Project Management Experience
Project Management Fundamentals