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

PMBOK® Guide Sixth Edition    |    Intermediate
  • 14 videos | 1h 7m 59s
  • Includes Assessment
  • Earns a Badge
  • Certification CPE
  • Certification PMI PDU
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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

  • 38s
  • 4m 58s
    Learn how to identify the inputs to the Control Cost process. FREE ACCESS
  • Locked
    3.  Tools and Techniques to Control Costs
    4m 58s
    In this video, you will learn how to recognize the tools and techniques you can use to control project costs. FREE ACCESS
  • Locked
    4.  Earned Value and Cost Performance
    5m 5s
    During this video, you will discover how to match earned value management values with their formulas. FREE ACCESS
  • Locked
    5.  Forecasting Using the EAC
    4m 38s
    Discover how to recognize the situations in which different EAC formulas are used. FREE ACCESS
  • Locked
    6.  To-complete Performance Index (TCPI)
    4m 15s
    In this video, you will learn how to calculate the to-complete performance index (TCPI) for a project given earned value management (EVM) figures. FREE ACCESS
  • Locked
    7.  Outputs of Control Costs
    3m 17s
    During this video, you will learn how to recognize how outputs of the Control Costs process are used. FREE ACCESS
  • Locked
    8.  Calculating the Planned Value and Earned Value
    5m 29s
    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. FREE ACCESS
  • Locked
    9.  Comparing Schedule Performance against the Plan
    4m 38s
    Learn how to calculate the schedule variance and schedule performance index, given the earned value and planned value. FREE ACCESS
  • Locked
    10.  Comparing Cost Performance against the Plan
    4m 29s
    In this video, you will learn how to calculate the cost variance and cost performance index, given the earned value and actual costs. FREE ACCESS
  • Locked
    11.  Determining Project Performance
    6m 54s
    During this video, you will learn how to determine project performance, given a set of raw data points. FREE ACCESS
  • Locked
    12.  Determining Project Performance, Scenario #2
    6m 55s
    Discover how to use work performance data to determine project performance. FREE ACCESS
  • Locked
    13.  Determining Estimate at Completion, Scenarios 1 & 2
    4m 59s
    In this video, you will learn how to determine the estimate at completion using the formulas for scenarios 1 and 2. FREE ACCESS
  • Locked
    14.  Determining Estimate at Completion, Scenarios 3 & 4
    6m 48s
    During this video, you will learn how to recognize which EAC formula to choose depending on the project situation. FREE ACCESS

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

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