Projects Cost Management, Estimating, Budgeting and Control.

Description

This course include two elements. The fist half is a theoretical rationalization primarily based on the price administration chapter from PMBOK (the e book that’s used for PMP certificates) and the second half is a sensible instance about the best way to apply the theoretical half..

Each elements discuss three most important subjects:

1. How one can estimate prices for actions within the venture, which additionally embody:

   • Sorts of Prices

   • Estimating prices instruments and methods.

   • Dealing with Danger Reserves prices

   • Cost of High quality

   • Documenting the prices foundation of estimates

2. How one can decide venture price range, which additionally embody:

   • Decide value baseline

   • Estimate funding necessities

   • Decide venture price range

3. How one can Management Venture Prices, via: 

   • Utilizing Earned Worth Administration Methods to evaluate venture efficiency

   • Calculating CPI, SPI, CV, SV

   • Forecasting venture prices y utilizing Earned Worth Administration Instruments