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Cost Management
Home PDU for the PMP® (55 Courses) / Technical

Estimating and Managing Costs

USD 10.00
instructor
Instructor
Alan Fata
Category
Technical
Difficulty
Easy
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Course Highlight Curriculum Course Content Take The Test
Learning Objectives:
  1. Describe methods of estimating costs.
  2. Identify the effects of project phase and complexity on the choice of estimating method.
  3. Describe the method of combining cost estimates with a schedule to create a budget.
  4. Describe methods to manage cash flow.
  5. Describe the terms and relationships of budget factors used in earned value analysis.
  6. Calculate and interpret budget and schedule variances.
  7. Calculate and interpret the schedule performance index and the cost performance index.
  8. Calculate and interpret estimates to complete the project.
  9. Calculate the revised final budget.

Other course details:
  1. This is an introductory course that does not require any prerequisite.
  2. This course can be taken on a standalone basis.
  3. This course is chapter 9 in the book titled "Project Management from Simple to Complex".
  4. It provides 2 PDU (Technical skill) towards your PMP professional development education.
Course Features
Credits:
2 PDU
Skill section:
Technical
Access:
Lifetime
Test questions:
15
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