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Project Cost Management: Estimating, Budgeting and Earned Value Analysis

Poor estimates. Unrealistic budgets. ROI falling short of expectations. Sound familiar?

Learn how to apply proven methods, tools and techniques to prepare estimates, develop and monitor budgets, manage cash flow, and use earned value analysis (EVA) to ensure the project’s ROI is achieved. This project management course will use a realistic and interactive case study that will allow you to practice the methodology.
 

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Learning Objectives Fee
Course Benefits Who Should Attend

Upcoming Sessions

Date City Times Course# 36552
  • Jun 7, 2012
    - Jun 8, 2012    		 Toronto, ON 9:00 AM
    - 5:00 PM    		 Register Now

Do you need a different date or location? We offer Courses On Request.


Course Details

Learning Objectives

  • Evaluate projects in terms of a cost/benefit analysis
  • Explore how the time value of money works
  • Learn five rules to follow when estimating project costs
  • Perform project budgeting: develop a cost management plan using organizational systems, guidelines and policies
  • Apply project cost management and risk planning techniques
  • Use Earned Value Analysis to manage project cash flows and control costs
     

Course Benefits

  • Use the business tools of NPV, IRR, payback period, and benefit/cost ratio to evaluate projects
  • Improved financial risk management
  • More accurate forecasting and project cost performance variances provide better decision making tools
     

Course Features

  • Structured case studies to apply learning in groups
  • Hands-on activities engage participants in demonstrating skills
  • Sample templates and tools you can use in the workplace
  • Simulation activities to help transfer learned skills and behaviour to the working world
  • Worksheets and exercises to enhance participation and learning

Additional Details

NOTE: You must bring a laptop with Microsoft® Excel to your session. 

Fee

Who Should Attend

Project/Program/PMO Managers, business analysts in a project team. Finance and senior managers who need to understand how the finance and project functions impact each other.

Course Type

Accreditation

Facilitators

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  • "  Thank you for a great speaker! Very enjoyable.  "

  • "  I was able to develop an action plan to deal with two coaching situations specific to my needs. This will help me put the training to use as soon as I get back into the office.  "

  • "  Many of the topics concerned critical initiatives that my company is currently engaged in, therefore I was able to give it a real life perspective - not just theory. I also liked the opportunity to step outside the box of my company and meet others and hear stories about other organizations and their experiences.  "

  • "  The course presented a good variety of tools to implement based on audience and level of information and knowledge of the group.  "