Understanding Project Budget and Accounting

Course information
Price: Please call
Day(s): 1
Course Code: GK2950
GTC: 4
Delivery Method: Company Event


Learn best practices for defining and managing the budget.
Defining and managing the project budget can be a challenge-especially for those of us who are not financial experts. In this short course, you'll learn why it's important to establish how you will manage costs up front, best practices for cost identification and estimating, and how to develop a budget. You'll also discover key metrics that can help you manage the budget throughout the project life cycle.

Virtual short courses do not include materials or headsets.

This is a virtual short course, specially designed to give you a quick, convenient way to earn PMI PDUs or concentrate on a specialized topic. This course is also part of our PMP® Renewal Program.


  • There are no prerequisites for this course.


  • 1. The importance of project budgets
  • 2. Types of costs
  • 3. Creating a cost management plan
  • 4. Cost accounts
  • 5. Developing the project budgets
  • 6. Baselining the budget
  • 7. Performance measures
  • 8. Controlling costs


  • Create a cost management plan
  • Identify cost accounts
  • Develop project budget
  • Control costs

Target Audience

PMP-certified project managers, IT project managers, project coordinators, project analysts, project leaders, senior project managers, team leaders, product managers, program managers, project sponsors, and project team members who want to continue to develop their skills and renew their PMP certification.

Follow on Courses

  • IT Risk Management
  • Program Management
  • Requirements Development, Documentation, and Management

Other Delivery Formats

Public Classroom

All Delivery Formats

Company Event Schedule

Looking for onsite training?

We can deliver standard or tailored courses to your requirements to be delivered as closed company events at your location or ours, whichever suits you and your employees.

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