Cost and Budget Management

Module Description

This module explains how project budgets are developed, monitored, and controlled to ensure financial success.

Learning Objectives

• Understand project budgeting
• Estimate project costs
• Monitor expenditures
• Control project budgets

Topics Covered

• Cost Estimation
• Budget Development
• Cost Baseline
• Budget Monitoring
• Cost Variance
• Contingency Reserve
• Management Reserve
• Earned Value Basics
• Financial Reporting
• Cost Control