Course curriculum

  1. 1

    • Cost Management Introduction

    • Cost Management Across the Project's Lifecycle
  2. 2

    • Cost vs Price

    • Lump sum vs Fixed Price

    • Direct vs Indirect Costs

    • What is Profit?

    • Revenue vs Expenses

    • Return On Investment (ROI)

    • Life Cycle Cost

    • Asset vs Liability

    • Depreciation

    • Cash vs Accrual

    • Contingency

    • Actual vs Committed Costs

    • Variance

    • Cost vs Budget

    • Capex and Opex

    • Sunk Cost

    • Taxation

    • Opportunity Cost
  3. 3

    • Factors Affecting Estimates

    • Top Down

    • Bottom Up

    • Three Point Estimation

    • Risk-based Contingency

  4. 4

    • WBS

    • Traditional

    • Zero-based

    • Developing the Budget

    • Payment Points

    • Cashflow

    • Baseline

    • Approvals
  5. 5

    • Intervals to Monitor Cost

    • Cost Information Flow

    • Cost Management Plan (Part 1)

    • Cost Management Plan (Part 2)

    • The S-Curve

    • Reporting Variances

    • Forecasting

    • Change
  6. 6

    • Review Cost Performance

    • Cost Process Review

    • Closing Accounts

    • Lessons Learned

Course Reviews

5 star rating

Perfect Guidance

Scope Training

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

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

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