Project Management Essay

1123 WordsAug 15, 20155 Pages
PMP® – Project Cost Management Planning Cost Management Casey Ayers • PMP® • MBA CaseyAyers.com | @caseyayers linkedin.com/in/caseyayers PMP® is a registered mark of the Project Management Institute, Inc. Preparing for the PMP® Exam Organizational Influences & Project Management Lifecycle Project Scope Management Project Integration Management Introduction to Project Management & the PMP Exam Project Schedule Management Project Time Management Preparing for the PMP® Exam Organizational Influences & Project Management Lifecycle Project Scope Management Project Integration Management Introduction to Project Management & the PMP Exam Project Schedule Management Project Time Management Project Cost Management Course Overview Planning Cost Management Estimating Project Costs Determining Project Budgets Controlling Project Costs Module Overview Introduction to Project Cost Management Planning Cost Management Plan Cost Management Process Components Project Cost Management Project Cost Management • • Focuses on costs of resources needed to complete project activities Also accounts for cost ramifications of various project and productrelated decisions • Maintenance costs? • Operational expenses? • Support costs? Project Cost Management Product performance forecasts typically generated outside of project environment • Return on investment • Discounted cash flow • Payback analysis • Plan Cost Management • • Describes how cost issues will be managed throughout the project Determines level of precision, accuracy and control expected of budgetary topics Planning • • Project Cost Management Estimate Costs • • Develops cost projections for project activities Uses a variety of techniques similar

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