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Provided by: 123-CBT Computer Based Training Estimating and Budgeting Project Costs |
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Estimating and Budgeting Project Costs PMI Certified Associate in Project Management Certified Associate in Project Management (CAPM) - PMBOK Guide - 4th Edition-Aligned
Accurately forecasting the cost of future projects is vital to the success of projects and the survival of any business. Project managers must have the ability to not only identify what work is required at the onset of a project, but precisely forecast how much that work is going to cost to meet the project goal. This course provides an overview of estimating and budgeting project costs in the Project Cost Management knowledge area, and introduces best practices outlined in A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Fourth Edition, published by the Project Management Institute (PMI ). Specifically, this course covers gathering cost information from numerous sources and then utilizing that information to apply tools and techniques such as bottom-up estimating and reserve analysis for estimating costs. Learners will also determine the project budget by calculating reserves and funding requirements. This course provides a foundational knowledge base reflecting the most up-to-date project management information, so learners can effectively put principles to work in their own organizations. This course will assist in preparing the learner for the PMBOK certification exam. This course is aligned with the PMBOK Guide - Fourth Edition, published by PMI , Inc., 2008. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI .
Accurately forecasting the cost of future projects is vital to the success of projects and the survival of any business. Project managers must have the ability to not only identify what work is required at the onset of a project, but precisely forecast how much that work is going to cost to meet the project goal. This course provides an overview of estimating and budgeting project costs in the Project Cost Management knowledge area, and introduces best practices outlined in A Guide to the Project Management Body of Knowledge (PMBOK Guide) - Fourth Edition, published by the Project Management Institute (PMI ). Specifically, this course covers gathering cost information from numerous sources and then utilizing that information to apply tools and techniques such as bottom-up estimating and reserve analysis for estimating costs. Learners will also determine the project budget by calculating reserves and funding requirements. This course provides a foundational knowledge base reflecting the most up-to-date project management information, so learners can effectively put principles to work in their own organizations. This course will assist in preparing the learner for the PMBOK certification exam. This course is aligned with the PMBOK Guide - Fourth Edition, published by PMI , Inc., 2008. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI .
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Training
Provided by 123-CBT Computer Based Training
- G asked: Availability and cost, typical hours to complete
- H asked: Theory with problems and how to solve it with illustration.
- D asked: I have prior experience as a project manager. I've worked with the Federal Government as a Community Planner performing work as project manager for flood control studies navigational studies ( years project studies and report formulation provided to the U. S. Congress for funding authorization). I'm currently the Director for a mid-sized City with a population at approximately , . How can I take advantage of your program and the fact that I already have prior experience and a body of work that can be easily verified as a project manager. I do not want to take courses that are no benfit. That aside I do need refresher traning. What are my options what are the benefits and what certification am I eligible for now with my past work history. I have a Masters Degree in City and a Professional Certification in economic development as a Certified Community Researcher(CCR) with the Council for Community and Economic Research. I'm about to start my own consulting business in urban planning, economic development and development services. My specifics questions are: What do I need to do to become certified project manager and what is the cost? My point of contact information is --. I look forward to your response. , President of D. C.
Estimating and Budgeting Project Costs
PMI
Prerequisites
Target AudienceExisting project managers wishing to get certified in recognition of their skills and experience, or others who wish to train to become accredited project managers.
LessonsEstimating and Budgeting Project Costs
| - Recognize how each process in Project Cost Management is used. | - Recognize the project process groups associated with the processes in Project Cost Management. | - Recognize how the inputs to the Estimate Costs process are used. | - Recognize how the tools and techniques of the Estimate Costs process are used. | - Review and correct the bottom-up estimate for a given project. | - Match the outputs of the Estimate Costs process to their descriptions. | - Recognize how the inputs to the Determine Budget process are used. | - Recognize how the tools and techniques of the Determine Budget process are used. | - Determine whether a cost baseline was correctly established, given a scenario. | - Match the outputs of the Determine Budget process to their descriptions.
| - Recognize how each process in Project Cost Management is used. | - Recognize the project process groups associated with the processes in Project Cost Management. | - Recognize how the inputs to the Estimate Costs process are used. | - Recognize how the tools and techniques of the Estimate Costs process are used. | - Review and correct the bottom-up estimate for a given project. | - Match the outputs of the Estimate Costs process to their descriptions. | - Recognize how the inputs to the Determine Budget process are used. | - Recognize how the tools and techniques of the Determine Budget process are used. | - Determine whether a cost baseline was correctly established, given a scenario. | - Match the outputs of the Determine Budget process to their descriptions.
Test Prep
Simulations
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