The first step in successfully managing a project's costs is to have a project budget that realistically reflects the costs for executing the project. Project Cost Management addresses the identification, elaboration, planning, development and management of the project budget. Using best practices you learn how to develop a project cost estimate, project budget and the project budget baseline. In addition, you practice the preparation of a spending profile that supports variance analysis and corrective action using earned value management (EVM). You gain an effective skill set for developing and controlling the project budget baseline.

Note: This course is aligned with the Project Management Institute's Project Management Body of Knowledge (PMBOK) Guide-4th Edition, which covers all related best practices.

This course is part of the Certificate of Accomplishment in Project Management.

Additional Information:
14 PDU (Professional Development Units)