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.
This virtual short course, specifically designed to give you a quick convenient way to renew and refresh your project management skills, maintain your Project Management Professional (PMP)® certification, and earn PDUs on your own time, at your own pace.
Virtual short courses do not include materials or headsets.
PMP is a registered mark of the Project Management Institute, Inc.
These events can be delivered exclusively for your company at our locations or yours, specifically for your delegates and your needs. The Company Events can be tailored or standard course deliveries.
- 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
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
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.
Download a PDF document of the complete course description:
Understanding Project Budget and Accounting