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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:
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
How to determine project budget, which also include:
Determine cost baseline
Estimate funding requirements
Determine project budget
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

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

Requirements

  • You will need a copy of Adobe XD 2019 or above. A free trial can be downloaded from Adobe.
  • No previous design experience is needed.
  • No previous Adobe XD skills are needed.

Course Content

27 sections • 95 lectures
Expand All Sections
1-Introduction
1
1.1-Introduction
2-Theoritical Part
17
2.1-What is Cost Management?
2.2-Direct and Indirect Costs
2.3-Analogous Estimating
2.4-Parametric Estimation
2.5-Three-Point Estimating
2.6-Reserve Analysis
2.7-Cost Estimates and Basis of Estimates
2.8-Cost Baseline
2.9-Funding Requirements
2.10-Earned Value Formulas
2.11-Project Status
2.12-Earned Value Example
2.13-Forecasting Three Scenarios
2.14-Forecasting Example
2.15-To-Complete-Performance-Index TCPI
2.16-Performance Reviews
2.17-Recap
3-Project Simulation and Detailed Example
8
3.1-Direct and Indirect Costs
3.2-Cost Estimates and Reserve Analysis
3.3-Cost Baseline and Project Budget
3.4-Basis of Estimate
3.5-Funding Requirements
3.6-Earned Value Calculation
3.7-Forecasting
3.8-TCPI