Cost Estimating Fundamentals

COURSE OUTLINE:

Description

If your project costs routinely go over budget, your credibility as a project manager will be jeopardized. Having accurate cost estimates will help you manage your project, track spending, and avoid budget overruns. This short course will help you understand cost estimating and provides you with practical cost-estimating techniques and processes.

Virtual short courses do not include materials or headsets.

Audience

PMP-certified project managers, IT project managers, project coordinators,project analysts, project leaders, senior project managers, team leaders,product managers, program managers, project sponsors, and project team memberswho want to continue to develop their skills and renew their PMP certification.

Learning Objectives

  • What cost estimating is
  • The importance of accurate cost estimates
  • Cost estimating techniques
  • How to generate a cost estimate
  • Your role as a project manager

1. What is cost?

2. What is cost estimating?

3. Cost estimating techniques

4. Generating a cost estimate

5. Role of the project manager