We use cookies to improve your experience on our websites. By continuing you are giving consent to cookies being used. Privacy Policy. Terms of Use

IHRDC - International Human Resources Development Corporation

A Worldwide Leader in Oil and Gas Training - Since 1969

e-Learning Solutions
PMP 6: Project Cost Management (Sixth Edition)
Contact IHRDC Sales for Corporate Purchases
Add to Cart
Price: US$125.00
Description:
This course was designed as a supplemental study guide for the major content areas of Chapter 7 of A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Sixth Edition. In this course, you will consider how to best estimate costs for activities and the project overall. These estimates will be used to determine a project budget. You will learn how to manage and control project costs, how to participate in earned value management activities, and how to respond if a project is overrunning its budget.
Duration: Course Code:
3.5 hours IHRDC_BEES_PM1167
Content:
  • Define cost management and its associated cost management plan
  • Explain the various inputs of and methods for estimating activity cost
  • Describe how to aggregate activity costs to determine budget and both periodic and total project funding requirements
  • Identify the cost baseline and performance measurement baseline and their importance in earned value management
  • Calculate planned value, earned value, actual cost, schedule variance, cost variance, the schedule performance index, and cost performance index
  • Explain how baselines, planned value, earned value, and actual cost can be represented in graphic form
  • Calculate the budget at completion, estimate at completion, estimate to complete, and the to-complete performance index and use these concepts to forecast the cost requirements of a project
  • Identify the warning signs that a project is falling behind schedule or overrunning its budget and explain the various possible responses
  • Explain performance-reporting techniques and updates to project documentation
  • Recognize the various approaches to project selection, including return on investment and internal rate of return
Contact IHRDC Sales for Corporate Purchases
Add to Cart
Price: US$125.00

Copyright ©2018 International Human Resources Development Corporation. All rights reserved. Privacy Policy. Terms of Use.