Project Cost Management

₦210,000.00

Project cost is one of the key measures of project success. The other two are time and scope. Together they form the so-called Iron Triangle of project success. Cost is one of the major project constraints and cost performance is one of the key project metrics that executives monitor.

Learn to master cost estimating, cost budgeting, contingency, and management reserve, cost baseline, change management, cost forecasting and control as well as performance management.

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Description

Upon completion of this course, participants will be able to:

  • Understand and apply project management principles to cost management
  • Understand and apply risk management principles to cost management
  • Understand and implement performance management
  • Develop a project cost estimate
  • Develop a time-phased budget
  • Develop a project cost baseline
  • Develop a cost curve
  • Carry out variance analysis

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