About This Course
Gain a clear understanding of how project cost management frameworks are established. Learn to define measurement methods, approval roles, and performance reporting structures that ensure financial discipline from the start.
You’ll explore the link between time, scope, and quality, and how structured cost management planning supports accurate forecasting and successful project outcomes.
By the end of this course, you will:
- Explain the purpose and scope of project cost management.
- Identify key cost management terms and definitions.
- Define elements and responsibilities in a cost management plan.
- Recognise how cost planning supports performance measurement.
- Apply structured methods to estimate and monitor project costs.
Topics Covered:
- The Purpose of Project Cost Management
- What are some of the terms in Project Cost Management?
- What are key elements of the Project Cost Management Plan
- Information available to estimate the cost of a project
Course Duration: Approximately 30 minutes
Access to Course: 7 days from date of purchase
