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

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

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

Using Earned Value Management Techniques to assess project performance

Calculating CPI, SPI, CV, SV

Forecasting project costs y using Earned Value Management Tools