- Duration / Course length: Upto 3 Hours Start now
- Accredited by: CPD Qualification Standards
- Certificates:
- Course delivery: This course is delivered in video format
Course details
Cost management is a vital skill for any business owner or manager, as it can determine the difference between success and failure, profit and loss, and growth and stagnation. But how do you learn to manage and estimate costs effectively? How do you ensure that your projects are delivered on time and within budget? How do you measure and improve your project performance?The answer is simple: you enrol in this Projects Cost Estimation and Cost Control Training course. This course will teach you everything you need to know about cost management and estimation, from the basics to advanced techniques. You will learn how to plan, estimate, budget, and control costs for any type of project, using proven tools and methods. You will also learn how to use earned value management to monitor and evaluate your project progress and performance.
Upon completion of this course, you will have the skills and confidence to manage and estimate costs for any project, whether it's large or small, simple or complex. You will be able to reduce unnecessary expenses, increase your revenue and profit, and achieve your project goals. Whether you are a business owner, a project manager, or a consultant, this Projects Cost Estimation and Cost Control course will help you master cost management in no time.
Key Features of the Course:
- Lifetime access to the course
- No hidden fees, only pay the price of the course which includes exam fees.
- Recognized qualification upon successful completion of the course
- Study from anywhere, anytime, whenever it is convenient for you.
- Affordable and engaging e-learning study materials
- Study at your own pace from tablet, PC, or smartphone
- Online tutor support when you are in need.
Unit 01: Introduction
- Module 01: Introduction
- Module 01: What is Cost Management?
- Module 02: Direct and Indirect Costs
- Module 03: Analogous Estimating
- Module 04: Parametric Estimation
- Module 05: Three-Point Estimating
- Module 06: Reserve Analysis
- Module 07: Cost Estimates and Basis of Estimates
- Module 08: Cost Baseline
- Module 09: Funding Requirements
- Module 10: Earned Value Formulas
- Module 11: Project Status
- Module 12: Earned Value Example
- Module 13: Forecasting Three Scenarios
- Module 14: Forecasting Example
- Module 15: To-Complete-Performance-Index TCPI
- Module 16: Performance Reviews
- Module 17: Recap
- Module 01: Direct and Indirect Costs
- Module 02: Cost Estimates and Reserve Analysis
- Module 03: Cost Baseline and Project Budget
- Module 04: Basis of Estimate
- Module 05: Funding Requirements
- Module 06: Earned Value Calculation
- Module 07: Forecasting
- Module 08: TCPI
- Understand the cost management process
- Learn about direct and indirect costs
- Know how to estimate project costs,
- Discover the techniques to control project costs
- Explore how to forecast project costs
- Learn how to measure project performance with earned value management indicators
Eligibility / Requirements
Enrollment in this course is open to anyone with any academic background, and no prior experience or qualifications are necessary for participation.
Job roles this course is suitable for:
Cost Management Accountant , Project Cost Accountant , Assistant Cost Manager , Construction Assistant , Construction Coordinator , Site AssistantAbout London Institute of Business & Management
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