Cost And Budget Management

This course is suited most to the Delivery Managers, Program Managers, Project managers, Product managers, Business heads, Technology heads, founders, executives, CxO’s, or anyone who is involved or wants to learn the cost and budget management.

4.9

 4.9/5

(332 ratings) 1389 students

4.9

 4.9/5

(332 ratings) 1389 students

This Course Includes:

The Objective Of This Course

Cost and budget management is an important part of the organization yet many are unaware of the right way to do so.

Many organizations expect their prospective employees to possess the knowledge of Cost and budget management and interviews are directed towards finding out the same.

This course will help you understand the practical aspects of managing cost and budget and will make you ahead of your competition.

The course is divided into four areas which will explain every aspect of Project costing & Budgeting

Terminologies related to cost
How is the cost planned?
Cost baseline and budgeting
Monitoring and control
Practical Tips and Tricks

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What You'll Learn

How to meet your billing targets even though the milestone hasn’t been accomplished?
What are the fundamentals of cost calculation which don’t change?
Do you know which contract type to choose and when?
How is the cost calculated?
How not mess up with cost accounts?
How to raise an internal & external invoice?

How to use cost status reports?
What you shouldn’t do to reduce costs?
How to reduce costs?
What’s the proper way to get signoffs?
What’s the project manager’s role in the invoice process?
What’s the industry practice for cost baseline?

Benefits

The course can help you gain practical knowledge which will help you to land lucrative roles in IT and other exciting industries. Project/Program Managers having sound knowledge in costing/budgeting drive better project performance and are often rewarded with substantial pay raises