This course introduces attendees to the underlying principles and practice of managing project cost management and budget. It covers the body of knowledge needed for effective management of projects addressing techniques for project cost management, budgeting and financial analysis; progress reporting and project control such as earned value management (EVM).
The course includes a number of practical exercises to reinforce attendees’ understanding of the relevant concepts and techniques and to allow application of the gained knowledge to real-life projects. The exercises are conducted as a combination of tutorials and activities that step through the various activities, focusing on budgeting management, financial and project control. The course is ideally suited to those who are new to project budgeting and control methods; no prior knowledge or experience is assumed.
This is a Module of Project Schedule and Budget Control that is a 3 days course