Projects Cost Management, Estimating, Budgeting and Control.

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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:

1. 
   How to estimate costs for activities in the project, which also include:
   
   • 
     Types of Costs
     
     
   • 
     Estimating costs tools and techniques.
     
     
   • 
     Handling Risk Reserves costs
     
     
   • 
     Cost of Quality
     
     
   • 
     Documenting the costs basis of estimates
     
2. 
   How to determine project budget, which also include:
   
   • 
     Determine cost baseline
     
     
   • 
     Estimate funding requirements
     
     
   • 
     Determine project budget
     
3. 
   How to Control Project Costs, through:
   
   • 
     Using Earned Value Management Techniques to assess project performance
     
     
   • 
     Calculating CPI, SPI, CV, SV
     
     
   • 
     Forecasting project costs y using Earned Value Management Tools
     

Instructors: Saad Merie




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