Learn how to estimate costs for any project, how to determine budget and how to use Earned Value Management tools. 3 PDU
☑ How to estimate costs for a project
☑ How to determine project budget
☑ How to control project costs
☑ How to use Earned Value Management indicators
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 Costs
- Estimating costs tools and techniques.
- Handling Risk Reserves costs
- Cost of Quality
- Documenting the costs basis of estimates
- How to determine project budget, which also include:
- Determine cost baseline
- Estimate funding requirements
- Determine project budget
- 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
English
Language
Introduction
Introduction
Theoritical Part
What is Cost Management?
Direct and Indirect Costs
Analogous Estimating
Parametric Estimation
Three-Point Estimating
Reserve Analysis
Cost Estimates and Basis of Estimates
Cost Baseline
Funding Requirements
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Earned Value Formulas
Project Status
Earned Value Example
Forecasting Three Scenarios
Forecasting Example
To-Complete-Performance-Index TCPI
Performance Reviews
Recap