Defining and managing the project budget can be a challenge-especially for those of us who are not financial experts. In this short course, you'll learn why it's important to establish how you will manage costs up front, best practices for cost identification and estimating, and how to develop a budget. You'll also discover key metrics that can help you manage the budget throughout the project life cycle.

Virtual short courses do not include materials or headsets.

PMP is a registered mark of the Project Management Institute, Inc.

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Importance of creating a cost management plan
Different types of cost
Basic techniques for estimating costs
Develop project budget
Role of earned value analysis in controlling project costs

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Virtual Classroom Live Outline

1. The importance of project budgets

2. Types of costs

3. Creating a cost management plan

4. Cost accounts

5. Developing the project budgets

6. Baselining the budget

7. Performance measures

8. Controlling costs

Project Management Professional (PMP)^® -certified project managers, IT project managers, project coordinators, project analysts, project leaders, senior project managers, team leaders, product managers, program managers, project sponsors, and project team members who want to continue to develop their skills and renew their PMP^® certification.

This course qualifies you for the following PMI® Professional Development Units (PDUs):

Technical Project Management = 2
Strategic = 2

Total = 4

Course Delivery

This course is available in the following formats:

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Topics

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Topics

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Understanding Project Budget and Accounting

Course Overview

Schedule

What You'll Learn

Outline