Project Cost Management
Duration
One Day
Course Description
This course focuses on basic cost management theories and techniques. Learn how to give value to the customer beyond cost. Discuss ways to get the project back on track and how to adjust budgeting issues during over expenditures.
PDUs - 6.5
Overview
- Budgeting basics
- Estimating techniques
- Past history
- Effort
- Hours
- Resources
- Contingency
- Rework
- Labor
- Technology
- Pilot program
- Training
- Roll out
- Building/facility
- Maintenance
- Follow-up
- Pre-estimating process
- Constraint estimating
- Team design
- Expert estimating
- Cost projections
- Creative steps to estimating
- Detailing the problem
- Estimating the initial cost
- Constraints which impact cost
- Cost control systems
- Cost estimate basics
- Types of estimates
- Figuring ROI on your project
- Allocating costs
- Handling emergencies
- Unplanned work
- Scope creep
- Scope change
- Estimate is too high
- Getting it back on budget
