Project Cost Management

Students will develop the competences to define project costs within the planning phases, as well as the skills to estimate using such methods such as analogues, bottom-up and top down. Students will learn to analyze, translate and adapt the project Work Breakdown Structure (WBS) into a project budget and assess the linkages of positive and/or negative impacts and take appropriate action as required. Students will analyze project status and react to project changes, access the impacts and assess PERT analysis, cost and schedule performance within the context of project management to ensure cost control.