Month 4: Project Cost and Budget Management
Week 1: Introduction to Project Cost Management
Day 1: Understanding the importance of project cost management
Day 2: Cost management processes and techniques
Day 3: Cost management plan development
Day 4: Basics of Project budgeting
Day 5: Advanced Project budgeting and forecasting
Week 2: Cost Estimation Techniques
Day 1: Introduction to estimating project costs
Day 2: Detailed study of cost estimation techniques: analogies and parametric
Day 3: Detailed study of cost estimation techniques: bottom-up
Day 4: Developing cost estimates for project resources
Day 5: Developing cost estimates for project activities
Week 3: Project Budgeting and Tracking
Day 1: Steps to create a project budget
Day 2: Implementing and monitoring project budget
Day 3: Introduction to variance analysis and developing corrective actions
Day 4: Detailed study of variance analysis and corrective actions
Day 5: Introduction to Earned value management (EVM)
Week 4: Cost Control Techniques
Day 1: Introduction to cost control techniques
Day 2: Detailed study and implementation of cost control techniques
Day 3: Techniques for monitoring and controlling project costs
Day 4: Managing cost overruns and budget changes
Day 5: Process and importance of closing out project finances
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