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:
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
Learn how to estimate costs for any project, how to determine budget and how to use Earned Value Management tools. 3 PDU