Drawing up a Project Budget
This module will give you the key methods you need to estimate your project budget, spread it over time and manage it effectively.
By the end of Part A, you will be able to structure your budget without omissions and you will have mastered a series of techniques to produce a robust initial estimation.
Defining and identifying the key concepts of a project budget
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Identifying the different elements of a project budget
Understanding the difference between estimation, budget and budgeting
Adapting estimation methods to the project phase
By the end of Part B, you will be able to spread your budget over time using the five-step budgeting process. You will also be able to anticipate budgetary discrepancies during the project and revise the budget on the basis of “customer” decisions.
Planning the budget over time: project budgeting.
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To complete the module you must have completed both parts, A & B*, click here to purchase both modules.
Creating a budget consumption forecast curve.
Keeping control of the project budget.
Revising the budget on the basis of "customer" decisions
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* PMI® accreditation: earn 0.5 points toward your PMP® or PgMP® certification for each part completed.