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Programs and courses

Project management

Cost management (BS6U)

This course further develops project cost management. You will learn how to estimate project costs in light of uncertainties, how to prepare and manage a budget, commitments and changes.

It is strongly recommended to have already completed the BS6K ad BS6R competencies to ensure a sound understanding of the concepts.

Language
English
Length
45 h
Difficulty
Medium

330.00$ CAD

Course content

3 teaching modules on performance management, comprised of videos, course notes, exercises and an evaluation.


 


Module 1: Project cost estimating under uncertainty


Module 2: Prepare a project budget


Module 3: Manage budget, commitments and changes


 


You may also consult a preparatory module, prior to starting your training, as well as a final evaluation training module.


As well, the student will get acquainted with the following concepts in detail:


  • Choose the method to estimate the costs of the different phases of the project;

  • Provide a cost estimate at an appropriate level;

  • Estimate contingencies based on project uncertainties;

  • Distribute costs according to the codification of a project;

  • Develop a budget and commitment management policy.

  • Update the budget according to the commitments and authorized changes;

  • Monitor and control the costs of carrying out the project and propose the necessary adjustments;

  • Produce a follow-up report on budget management and commitments.

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    You must be a PMI member to follow this training.


    Why Become a PMI Member


    How to Become a Member


    Printing my Membership Card and sending it by email


     


    Evaluation


    Throughout the modules, you will carry out formative assessment exercises and upon completion, you will be able to download the Cost management badge.


     


    Target Audience


    This program is geared toward any professional working in the following fields: the construction industry, IT, building engineering, civil engineering, product design and manufacturing and others.


     


    Complete Program


    Consult the overall program

    Interactive training in the comfort of your home

    Durée de votre code d'accès a une formation interactive
    Cours complet : 3 mois
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