BSBPMG423 - Apply project cost management techniques

This unit will guide you through Cost Management.

Course curriculum

1. 1 Cost Management
2. 3 Cost PMLC
1. Cost vs Price
2. Lump sum vs Fixed Price
3. Direct vs Indirect Costs
4. What is Profit?
5. Revenue vs Expenses
6. Return On Investment (ROI)
7. Life Cycle Cost
8. Asset vs Liability
9. Depreciation
10. Cash vs Accrual
11. Contingency
12. Actual vs Committed Costs
13. Variance
14. Cost vs Budget
15. Capex and Opex
16. Sunk Cost
17. Taxation
18. Opportunity Cost
1. Factors Affecting Estimates
2. Top Down
3. Bottom Up
4. Three Point Estimation
5. Risk-based Contingency
1. WBS
2. Traditional
3. Zero-based
4. Developing the Budget
5. Payment Points
6. Cashflow
7. Baseline
8. Approvals
1. Intervals to Monitor Cost
2. Cost Information Flow
3. Cost Management Plan (Part 1)
4. Cost Management Plan (Part 2)
5. The S-Curve
6. Reporting Variances
7. Forecasting
8. Change
1. Review Cost Performance
2. Cost Process Review
3. Closing Accounts
4. Lessons Learned

This is a great accompaniment if you're studying project management. Aligns with the Cert IV and Diploma of Project Management