Creating a Project Budget (PMBOK® Guide Sixth Edition)

Overview/Description
Target Audience
Prerequisites
Expected Duration
Lesson Objectives
Course Number
Expertise Level

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Overview/Description
Managing projects requires developing realistic budgets and then keeping them on track. The CAPM® is an asset that will enhance your effectiveness at meeting this obligation, as CAPM training will ensure you have the knowledge you need to manage the project budget. In this course, you'll learn how to plan cost management, estimate costs, and determine budget for project costs.

Target Audience
Existing project managers pursuing certification in recognition of their skills and experience; individuals training to become accredited project managers

Prerequisites
None

Expected Duration (hours)
1.1

Lesson Objectives

Creating a Project Budget (PMBOK® Guide Sixth Edition)

identify activities that are part of the Project Cost Management Knowledge Area

distinguish between the inputs, tools and techniques, and outputs of the Plan Cost Management process

identify inputs to the Estimate Costs process

distinguish between the tools and techniques you can use to estimate project costs

describe how to use the bottom-up estimating technique to estimate project costs

match the outputs of the Estimate Costs process to their descriptions

recognize the inputs to the Determine Budget process

recognize the tools and techniques you can use to determine your project budget

identify the outputs of the Determine Budget process

demonstrate your understanding of the Estimate Costs and Determine Budget processes

Course Number:
apj_20_a01_bs_enus

Expertise Level
Everyone