Breakdown of budget planning steps
Types of cost estimates: rough order of magnitude (ROM), definitive estimates, and others
Techniques: analogous estimating, parametric estimating, bottom-up estimating, and three-point estimating
Establishing the cost baseline and integrating it with the project schedule
Understanding contingencies and reserves in budgeting

What is Earned Value Management and why it matters?
Key components: Planned Value (PV), Earned Value (EV), Actual Cost (AC)
Variance and performance indicators: Cost Variance (CV), Schedule Variance (SV), Cost Performance Index (CPI), and Schedule Performance Index (SPI)
Forecasting project outcomes using EVM metrics
Real-world applications and case studies in EVM

Overview of leading project cost control software: MS Project, Primavera, SAP, and others
Spreadsheets vs. dedicated project cost tools
Real-time dashboards for performance tracking
Automation and AI-driven insights in cost forecasting

Cost Control Techniques in Project Management Training Course

Available Dates