Cost management in project mode

22/04/2021

This three-day cost management training course is designed to provide you with all the skills needed to estimate, rationalize, and control project costs throughout its life cycle. This rich and detailed program is specially developed for project managers, assistant project managers, members of a PMO unit, and AMOA consultants, who seek to refine their skills in project financial management.

We will begin by exploring the various cost estimation methods, including analog, parametric, and analytical methods, as well as planning poker for fans of agile methods. You will also learn how to incorporate financial risks from the initial budget, taking into account external factors such as exchange rates, inflation, and other economic variables.

The course makes a point of validating the economic feasibility of your projects through advanced evaluation techniques such as Net Present Value (NPV), Return on Investment (ROI), payback period (PAYBACK), and the Internal Rate of Return (IRR). You will be equipped to pilot and manage the costs of a project from start to finish, with a particular focus on controlling financial commitments and preserving provisions for risks.

You will learn how to calculate and use key metrics like Earned Value and Planned Value, and continually adjust your approach based on the actual cost of the work performed.

In addition, we will address advanced cost management through monitoring the physical progress of projects to anticipate and prevent financial excesses. You will learn how to calculate and use key metrics like Earned Value and Planned Value, and continually adjust your approach based on the actual cost of the work performed.

Finally, we will teach you how to build and update a cost control table and visual management for maximum transparency and efficiency in cost control.

Join me for this exceptional training and transform the way you manage the costs of your projects, thus guaranteeing the profitability and economic success of your initiatives.