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[ FreeCourseWeb.com ] Keeping Your Project on Budget (PMI - PMP)
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Video: .MP4, 1280x720 30 fps | Audio: AAC, 44.1 kHz, 2ch | Duration: 02:20:46
Genre: eLearning | Language: English + Subtitles | Size: 1.82 GB
What you'll learn
Identify the inputs to the Control Cost process
Recognize the tools and techniques you can use to control project costs
Match earned value management values with their formulas
Recognize the situations in which different estimate at completion (EAC) formulas are used
Calculate the to-complete performance index (TCPI) for a project given earned value management (EVM) figures
Recognize how outputs of the Control Costs process are used
Calculate the planned value and earned value, given the budget, percent of time passed, and percent of work completed
Calculate the schedule variance and schedule performance index, given the earned value and planned value
Calculate the cost variance and cost performance index, given the earned value and actual costs
Determine project performance, given a set of raw data points
Utilize work performance data to determine project performance
Determine the estimate at completion, using the formulas in different scenarios
Determine Estimate at Completion, in different scenarios
nstrate your understanding of the Control Costs process
Requirements
No special requirements or prerequisites are needed to take this course, but some extra reading about projects, project management, project life cycle, organizational project management, project scope, project schedule, project costs, project quality, project human resources and project communications will help.
Part of the Project Management Professional Certification Course (PMI-PMP)
Leaders, managers, entrepreneurs, professionals and project workers with or without formal project management training will improve project management skills and knowledge and will be ready to stand for formal certification.
Description
The Keeping Your Project on Budget (PMI - PMP) is course 13 of 28 of the Project Management Professional Certification Program (PMI-PMP).
Establishing the budget for a project is a vital process in project management. Yet, it means nothing if the budget is not adhered to. Controlling project cost is critical to meeting a project's budgeted targets.
And monitoring cost performance can mean the difference between the success and failure of a project. In this course, you'll learn about the control cost process. Including helpful techniques you can use to keep your project on budget.
1. Inputs to Control Costs2. Tools and Techniques to Control Costs3. Earned Value and Cost Performance4. Forecasting Using the EAC5. To-complete Performance Index (TCPI)6. Outputs of Control Costs7. Calculating the Planned Value and Earned Value8. Comparing Schedule Performance against the Plan9. Comparing Cost Performance against the Plan10. Determining Project Performance11. Determining Project Performance12. Determining Estimate at Completion13. Determining Estimate at Completion14. Exercise: Controlling Project Costs
That’s it! Now go ahead and push that “Take this course” button, and see you on the inside!
Who this course is for:
Leaders, managers, entrepreneurs, professionals and project workers with or without formal project management training will improve project management skills and knowledge and will be ready to stand for formal certification.
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