Bucero PM Consulting

Cost management

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The purpose of this training course is to provide the attendees with the necessary tools and knowledge, for planning, estimating, budgeting and control the project costs to be completed according the approved budget.

 

 

 

 

 

 

 

Content and objectives of the seminar:

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The Audience for this Seminar is team leaders, and project managers. This is a practice oriented seminar, where real case studies and theory are mixed.

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Duration: 2 days (16 hours).

PDUs / Contact hours: 14 hours

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  • Resource planning
  • Cost estimation
  • Analogous estimation
  • Parametric estimation
  • Bottom-up estimating
  • Financial and economic models
  • Budget elaboration
  • Cost management tools
  • Contingency and management reserve
  • Cost Baseline
  • Cost control
  • Earned Value Analysis
  • Cost Life Cycle
  • Examples and exercises

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  • Understand what Resource Planning means
  • Understand and practice cost estimation
  • Familiarize with project financial models
  • Prepare a project budget
  • Establish a baseline
  • Understand and practice the Earned Value Analysis

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