Course Description The Estimating and Managing Project Cost course is designed to provide students with the knowledge and experience necessary to apply cost management processes to projects. Without an understanding of estimating and managing costs, project managers would not be able to complete projects within approved budgets.
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What you will achieve
Resource Planning: Determining the people, equipment, and materials needed for a project.
Cost Estimating: Developing an estimate of the costs for the resources needed for a project.
Cost Budgeting: Allocating the cost estimates to individual tasks.
Cost Control: Monitoring and controlling changes to the project budget.
What you will learn
Estimating and managing project costs is an important area for any size project - small or large. Project managers must have a thorough understanding of how to effectively estimate, budget, and control costs in order to meet the expectations of the stakeholders and the project sponsors.
This course provides students with the foundation they need to be successful in this area of project management.
Please note that prices are subject to change without notice.