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

What you’ll learn

  • How to estimate costs for a project
  • How to determine project budget
  • How to control project costs
  • How to use Earned Value Management indicators
Description

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:

  1. 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
  2. How to determine project budget, which also include:
    • Determine cost baseline
    • Estimate funding requirements
    • Determine project budget
  3. 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
Who this course is for:
  • Engineering and IT practitioners
  • Anyone interrested in project management
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