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IPDI is a Registered
Education Provider® (REP®) with the Project
Management Institute®
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| Project
Cost Management Online Course |
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3.5 PDU online course
| COURSE
DESCRIPTION |
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This course was designed as a supplemental study guide for the major content areas of Chapter 7 of A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Fourth Edition. In this course, you will consider the general approaches to cost management, such as the methods that are used to estimate and budget for project costs. You will also learn about the interrelationship of various cost control concepts and possible responses a project management team might make if a project is falling behind schedule or overrunning its budget. |
| LEARNING
OBJECTIVES |
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After completing this course, you'll be able to:
- Define cost management and its associated cost management plan
- Explain the various inputs of and methods for estimating activity cost
- Understand how to aggregate activity costs in order to determine budget and both periodic and total project funding requirements
- Understand the cost performance baseline and performance measurement baseline and their importance in earned value management
- Calculate planned value, earned value, actual cost, schedule variance, cost variance, the schedule performance index, and cost performance index
- Understand how baselines, planned value, earned value, and actual cost can be represented in graphic form
- Calculate the budget at completion, estimate at completion, estimate to complete, and the to-complete performance index and use these concepts to forecast the cost requirements of a project
- Identify the warning signs that a project is falling behind schedule or overrunning its budget and explain the various possible responses
- Explain performance-reporting techniques and updates to project documentation
- Understand the various approaches to project selection, including return on investment and internal rate of return
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| WHO
SHOULD ATTEND |
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- Project Managers /
Team Leaders
- Team Leaders moving
into team leadership positions
- Key Team Members
- Functional Managers
- Process and Performance
Improvement Team Members
- Business Planning
Personnel
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| COURSE
LENGTH |
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This intermediate course is
self-paced and online which will take approximately 3.5 hours.
You will have access to this course for 30 days. Upon successful
completion, you will receive an Integrated Process Developers, Inc
(IPDI) certificate of completion. |
| COURSE
COST |
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Only $79.00 |
| LOCATION |
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Your office, home or on the road -
you decide! Its online and available 24/7 for your
convenience. |
| PRE-REQUISITES |
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Learners should have some experience in project management and will need to have access to the Project Management Institute's
A Guide to the Project Management Body of Knowledge, Fourth Edition (PMBOK
Guide). |
| COMPUTER
REQUIREMENTS |
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Click
here to view the minimum technical requirements for this course. |
| REGISTRATION |
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Registration is quick and easy, just
follow these easy steps:
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Simply click
here to go to the Online Course Registration page.
- Once the registration page loads,
find the desired course in the listing and click the "add
to cart" link below your course.
- Click on the "proceed to
secure check out" link to proceed to the registration form.
- Fill out the form and click the
"Register" button at the bottom.
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