Drawing up a project budget - Part B

At the outset of any project it is essential to have a significant proportion of the resources in place so that they can be mobilized at the necessary stage of the project. This module will give yo

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Last updated Wed, 26-Jun-2024
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Course overview

At the outset of any project it is essential to have a significant proportion of the resources in place so that they can be mobilized at the necessary stage of the project. This module will give you the key methods you need to:

  • Estimate your project budget
  • Spread it over time
  • Manage it effectively

This course will cover:

  • Planning the budget over time: project budgeting.
  • Creating a budget consumption forecast curve.
  • Keeping control of the project budget.
  • Revising the budget on the basis of "customer" decisions.

Target Audience

Anyone who is involved in projects and wants to improve their project management skills. Current or future project managers.

Prerequisites

It is recommended that you first work through Part A of this course, as well as the courses 'Project Management Essentials' and 'The Project Framework'.

Accreditation

PMI accreditation: earn 0.5 PDU points from PMI.

What will i learn?

  • How to spread your budget over time using the five-step budgeting process
  • How to anticipate budgetary discrepancies during the project and revise the budget on the basis of 'customer' decisions
Requirements
Curriculum for this course
1 Lessons 15 mins
Drawing up a project budget - Part B
1 Lessons 00:15:00 Hours
  • Drawing up a project budget - Part B
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