Course Detail: COSTMANAGEMENT - Project Management Cost Management
Competition around precious organizational resources and funding means that project managers need to be ever-cognizant of the importance of efficiently managing and spending organization's funds. Effective project cost control allows for more effective utilization of these resources and also establishes accountability and justification of project financial needs. This course covers the basics of project estimating, budgeting, financial justification and cost control for projects. Key topics addressed include the processes and techniques for cost management planning, estimating, budgeting and control. Another key topic is earned value management, a technique commonly employed on larger projects to track progress and performance. Terminology, processes and definitions, where appropriate follow the Project Management Institute's (PMI®) Guide to the Project Management Body of Knowledge (PMBOK® Guide). Take all seven classes in the Project Management series for a discounted rate. To receive the discount add all seven classes to your shopping cart and apply the discount "ALL7".