Summary
Summary In this module, our focus has been on Project Cost Management & Investment Appraisal. Throughout the duration of the course, we have successfully accomplished…
Summary In this module, our focus has been on Project Cost Management & Investment Appraisal. Throughout the duration of the course, we have successfully accomplished…
Cost Benefit Analysis In this section, you delved into cost-benefit analysis, a vital process for evaluating the financial viability of projects and investments. Here’s a…
What is Leadership? Let’s start this lesson by asking ‘what is leadership?’ Leadership is simply the ability to influence other people, with or without authority.…
Earned Value Management In this section, you engaged in an Earned Value Management (EVM) exercise and explored additional examples of EVM. Here’s a summary of…
Controlling Costs Cost control involves collecting actual costs and comparing them to project budgets to minimise costs and identify areas of overspending. It aims to…
Determining the Project Budget Building a budget involves estimating costs, aggregating direct and indirect costs, considering contingency, and creating a cost baseline. Expert judgment and…
Estimating Costs Accurate project cost estimation is crucial for successful project management. It ensures the development of reliable schedules and budgets. Poor estimates can lead…
Planning Cost Management Planning cost management involves recognising the tasks and efforts required for cost estimation and creating a plan to facilitate the estimation process.…
Cost v Schedule Management Project cost management encompasses the processes of estimating, budgeting, and controlling costs throughout a project’s lifecycle. The primary goal is to…
Please confirm you want to block this member.
You will no longer be able to:
Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.