# Keeping Your Project on Budget (PMBOK(r) Guide Sixth Edition)

PMBOK® Guide Sixth Edition    |    Intermediate
• 14 videos | 1h 7m 59s
• Includes Assessment
• CPE
• PMI PDU
Rating 4.5 of 197 users (197)
Managing projects requires establishing the budget and ensuring it's adhered to. This training will ensure you have the knowledge you need to control the project budget and keep the project on track. This course covers the Control Costs process and includes helpful techniques for cost management.

## WHAT YOU WILL LEARN

• Identify the inputs to the control cost process
Recognize the tools and techniques you can use to control project costs
Match earned value management values with their formulas
Recognize the situations in which different estimate at completion (eac) formulas are used
Calculate the to-complete performance index (tcpi) for a project given earned value management (evm) figures
Recognize how outputs of the control costs process are used
Calculate the planned value and earned value, given the budget, percent of time passed, and percent of work completed
• Calculate the schedule variance and schedule performance index, given the earned value and planned value
Calculate the cost variance and cost performance index, given the earned value and actual costs
Determine project performance, given a set of raw data points
Utilize work performance data to determine project performance
Determine the estimate at completion, using the formulas for scenarios 1 and 2
Recognize how the choice of eac formula depends on the project situation

## IN THIS COURSE

• Learn how to identify the inputs to the Control Cost process.
• 3.  Tools and Techniques to Control Costs
In this video, you will learn how to recognize the tools and techniques you can use to control project costs.
• 4.  Earned Value and Cost Performance
During this video, you will discover how to match earned value management values with their formulas.
• 5.  Forecasting Using the EAC
Discover how to recognize the situations in which different EAC formulas are used.
• 6.  To-complete Performance Index (TCPI)
In this video, you will learn how to calculate the to-complete performance index (TCPI) for a project given earned value management (EVM) figures.
• 7.  Outputs of Control Costs
During this video, you will learn how to recognize how outputs of the Control Costs process are used.
• 8.  Calculating the Planned Value and Earned Value
In this video, find out how to calculate the planned value and earned value, given the budget, percent of time passed, and percent of work completed.
• 9.  Comparing Schedule Performance against the Plan
Learn how to calculate the schedule variance and schedule performance index, given the earned value and planned value.
• 10.  Comparing Cost Performance against the Plan
In this video, you will learn how to calculate the cost variance and cost performance index, given the earned value and actual costs.
• 11.  Determining Project Performance
During this video, you will learn how to determine project performance, given a set of raw data points.
• 12.  Determining Project Performance, Scenario #2
Discover how to use work performance data to determine project performance.
• 13.  Determining Estimate at Completion, Scenarios 1 & 2
In this video, you will learn how to determine the estimate at completion using the formulas for scenarios 1 and 2.
• 14.  Determining Estimate at Completion, Scenarios 3 & 4
During this video, you will learn how to recognize which EAC formula to choose depending on the project situation.

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