Projects Cost Management, Estimating, Budgeting and Control.

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Overview

This course consist of two parts. The fist part is a theoretical explanation based on the cost management chapter from PMBOK (the book that is used for PMP certificate) and the second part is a practical example about how to apply the theoretical part..Both parts talk about three main topics:How to estimate costs for activities in the project, which also include:Types of CostsEstimating costs tools and techniques.Handling Risk Reserves costs Cost of QualityDocumenting the costs basis of estimates How to determine project budget, which also include: Determine cost baselineEstimate funding requirements Determine project budgetHow to Control Project Costs, through: Using Earned Value Management Techniques to assess project performanceCalculating CPI, SPI, CV, SV Forecasting project costs y using Earned Value Management Tools

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