Understanding Project Budget and Accounting

Course information
Price: £ 255.00 exc. VAT
Day(s): 1
Course Code: GK2950
GTC: 4
Delivery Method: Public Classroom


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

Company Event

All Delivery Formats

Public Classroom Schedule

Dates available on request. Please contact us.

Course description

Download a PDF document of the complete course description: Understanding Project Budget and Accounting

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