Project Budgeting & Cost Management
Project management includes an important financial aspect which is budgeting and cost management. Companies highlight several tools and techniques which are useful for computing financial budgets, analysing variances, and the causes of these variances. This course can be beneficial to those who are working or want to work on project management and want to gain useful insights.
The course content incorporates topics that facilitate the easy formulation of the budget, estimates of the time required, material requirements, and the methods associated with the project. After completion of this course, you can carry out basic capital investment appraisal, and consider the risks and sensitivities attached to the project. Furthermore, this course winds up with the concept of how to monitor and evaluate performances for determining variances.