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