CompTIA Project+: Cost Management Essentials for Project Budgeting

CompTIA Project+    |    Beginner
  • 11 videos | 47m 12s
  • Includes Assessment
  • Earns a Badge
Rating 5.0 of 4 users Rating 5.0 of 4 users (4)
Effective cost management is vital for ensuring project success and financial efficiency. In this course, explore the importance of cost management and learn about core concepts like cost estimation, budgeting, control methods, and the significance of a cost management plan. Next, learn about processes such as planning cost management, estimating costs, determining budget, and controlling costs. Finally, explore Earned Value Management (EVM), Estimate at Completion (EAC), and how to take corrective actions and implement best practices in cost management. This course is one of a series in the Skillsoft learning path that covers the objectives for the CompTIA Project+ (PK0-005)(r) exam.

WHAT YOU WILL LEARN

  • Discover the key concepts covered in this course
    Outline the basics and importance of cost management in projects
    Recognize how to plan cost management effectively and understand its integration with other processes
    Identify the different cost estimation techniques and when to use them
    Describe how to perform bottom-up estimating and detailed cost calculations
    Outline aggregate cost estimates and project budget creation
  • Identify how to manage, track, and control project costs effectively
    Recognize the importance of earned value management (evm) in cost control
    Describe the purpose and importance of estimate at completion (eac) in cost control
    Outline how to take corrective actions and implement best practices in cost management
    Summarize the key concepts covered in this course

IN THIS COURSE

  • 1m 15s
    In this video, we will discover the key concepts covered in this course. FREE ACCESS
  • 3m 54s
    Upon completion of this video, you will be able to outline the basics and importance of cost management in projects. FREE ACCESS
  • Locked
    3.  Planning Cost Management
    4m 18s
    Through this video, you will be able to recognize how to plan cost management effectively and understand its integration with other processes. FREE ACCESS
  • Locked
    4.  Cost Estimation Techniques
    6m 13s
    After completing this video, you will be able to identify the different cost estimation techniques and when to use them. FREE ACCESS
  • Locked
    5.  Bottom-Up Estimating and Detailed Costing
    3m 40s
    In this video, we will describe how to perform bottom-up estimating and detailed cost calculations. FREE ACCESS
  • Locked
    6.  Building the Project Budget
    6m 59s
    Upon completion of this video, you will be able to outline aggregate cost estimates and project budget creation. FREE ACCESS
  • Locked
    7.  Tracking and Controlling Costs
    4m 59s
    After completing this video, you will be able to identify how to manage, track, and control project costs effectively. FREE ACCESS
  • Locked
    8.  Earned Value Management (EVM)
    6m 40s
    Through this video, you will be able to recognize the importance of Earned Value Management (EVM) in cost control. FREE ACCESS
  • Locked
    9.  Estimate at Completion (EAC) and Performance Analysis
    4m 58s
    After completing this video, you will be able to describe the purpose and importance of Estimate at Completion (EAC) in cost control FREE ACCESS
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    10.  Corrective Actions and Best Practices
    2m 57s
    Upon completion of this video, you will be able to outline how to take corrective actions and implement best practices in cost management. FREE ACCESS
  • Locked
    11.  Course Summary
    1m 20s
    In this video, we will summarize the key concepts covered in this course. FREE ACCESS

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.

Digital badges are yours to keep, forever.

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