Project Cost Management-Estimating, Budgeting and Earned Value

Project Cost Management-Estimating, Budgeting & Earned Value

https://WebToolTip.com

Published 11/2025
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Language: English | Duration: 31m | Size: 267 MB

Learn Practical Cost Estimating, Budget Planning & Earned Value Management

What you'll learn
Understand the complete process of Project Cost Management from estimation to control.
Create accurate cost estimates using bottom-up, top-down, parametric, and analogous methods.
Prepare detailed project budgets and develop a cost baseline for monitoring
Calculate and apply key Earned Value Management (EVM) metrics such as PV, EV, AC, CPI, SPI, CV & SV.
Track project performance using S-curves, cost reports, and variance analysis
Forecast project outcomes with EAC, ETC, and VAC formulas to identify cost overruns early.
Use real-world techniques to monitor, report, and control project costs effectively
Develop professional skills required for project managers, planning engineers, and quantity surveyors.

Requirements
No prior experience in project cost management is required — beginners are welcome. Basic understanding of projects or construction work is helpful but not necessary. Ability to read simple project data such as quantities, timelines, or budgets. A laptop or mobile device to follow along with examples and templates. Interest in learning cost estimation, budgeting, and Earned Value Management (EVM). Optional: familiarity with Excel or project planning tools (not mandatory).