Deep Dive into Project Costs and Estimates (2021 Update)


Overview/Description
Expected Duration
Lesson Objectives
Course Number
Expertise Level



Overview/Description

Project management means being in charge of the purse strings, and that means being responsible for budgeting. In order to budget effectively, project managers need to understand the ins and outs of costs and estimates, fulfilling project requirements.

In this course, you'll explore the planning and management of the project budget from traditional and Agile project management perspectives. You'll learn about the project lifecycles and how to use predictive tools to make plan-driven, solid estimates to control costs and keep the project in scope. 



Expected Duration (hours)
0.8

Lesson Objectives

Deep Dive into Project Costs and Estimates (2021 Update)

  • discover the key concepts covered in this course
  • recognize the decomposition of work in traditional projects
  • list the traditional tools and techniques for estimating costs
  • recognize the process of three-point estimating
  • recognize the traditional approach to refining cost estimates
  • define the traditional approach to monitoring cost performance
  • identify the traditional approach to budget forecasting
  • identify the agile tools and techniques for estimating costs
  • identify the agile tools and techniques for estimating costs
  • Knowledge Check: Reviewing Your Project Management Knowledge
  • Course Number:
    bs_apj30_a29_enus

    Expertise Level
    Everyone