A Practical Approach To Project Cost Management
WHO SHOULD ATTEND
Project managers and project leaders, project team members and project
financial analysts.
WHAT YOU WILL ACHIEVE
- A detailed understanding of the importance of cost to the project
- An understanding of the various earned value methods
- An ability to use top down estimating techniques as a way to control spending
- How to apply the various costing methods as part of your total project management
approach.
- The ability to measure the impact of risk factors on the project budget
- How to build project budget contingency
WHAT YOU WILL LEARN
- Why Cost Management is a requirement for today's project manager
- Cost management terminology and techniques as it applies to project management
- How cost ties in to better Resource planning and control
- How cost is associated with estimating of activity duration and managing project
deadlines.
- The importance of Earned Value techniques in the overall project management process
- The importance of a structured approach to the development of a cost based change
management system
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Seminar Objectives