Course Category

Project Cost Management - Online

This course considers the general approaches to cost management, including the methods used to estimate and budget for project costs. This course also covers the interrelationship between various cost control concepts and how they can be graphed to depict project status as well as what to do as a project manager if a project is falling off track.

This is Module 7 of the Project Management (PMP® certification exam prep course)

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer.

• Define cost management broadly, including what is cost baseline
• Understand the various approaches to project selection, including return on investment and internal rate of return
• Explain various ways to estimate and budget for costs
• Distinguish between the various aspects of cost control from earned value to actual cost and estimate to complete
• Label a graph, including what it's depicting about project status, using cost control terms
• Explain performance-reporting techniques