Description

Project cost management training develops key skills for a project manager or for a cost estimator or controller in projects. Indeed, controlling the economic dimension of a project is essential to ensure the satisfaction of customers and clients. It is also fundamental for managing the economic pillar of a sustainable development approach. It has two parts: estimating costs to win business or forecast an operating margin, and managing costs to maintain the margin, or even to rebuild it. PMI, PMBOK, PMP, PgMP, PMI-SP, PMI-RMP and the PMI Registered Education Provider logo are registered trademarks of the Project Management Institute, Inc.

Who is this training for ?

For whom ?

Estimator, project coster, estimation and cost control engineer. Cost controller, coster and any person in charge of managing, managing or steering project costs. Project manager and project manager.

Prerequisites

Training objectives

Develop estimates and forecast figures for a project.

Integrate risks into estimates.

Preserve the margins of your business and projects.

Manage the monitoring of project costs with efficiency and anticipation.

Communicate effectively on costs of the project.

Training program

• Before the face-to-face
  • A self-diagnosis.
• Estimate project costs Analog methods, parametric methods, analytical methods.
  • Planning poker (agile methods).
  • Scenario Implementation: project estimation.
• Integrate risks into the initial project budget
  • Integrate exchange rates, parity, location, inflation and revision formulas.
  • Identify the project risks.
  • Define the provision for risks and contingencies.
  • Scenario Case study: initial project budget and provision calculation.
• Validate the economic feasibility Evaluate the profitability of projects: VAN, ROI, PAYBACK, TIR.
  • Scenario Exercise: profitability calculations.
• Control project costs Physical progress to anticipate deviations.
  • Calculate the Acquired Value, the Planned Value, and the actual cost of the work carried out.
  • Monitor the risks and preserve the provision.
  • Scenario Study of case: calculation of cost indicators.
• Update the project cost control table Define the control table format adapted to your project.
  • Scenario Case study: build your cost management table.
• After face-to-face, implementation in a work situation
  • A challenge every week for weeks to manage the costs of your project.