Developing a Budget (Cost Estimating)
Duration15'
No. of mini-lessons4
ResourcesTakeaway Tasks
Duration 15'
No. of mini-lessons 4
Resources Takeaway Tasks
Course overview
Starting a car without any fuel in the gas tank is never a great idea, is it? Without gas, the engine can’t start, the car won’t move, and you’ll never get anywhere.
Similarly, a project without a proper budget in place won’t go anywhere either. You need approved funding to get all the resources in place before you start your project on the road to success. After all, how many projects really get going for free?
Stakeholders want to see every cent accounted for before they give their approval. Whether that’s in direct or indirect costs, or part of a risk contingency plan. But how can you plan for unknown costs and risks? This course is designed to show you how to deliver a thorough and accurate budget for your project.
What's covered
What the importance of a project budget is
How to choose the estimation system that’s right for you
What the steps to building a comprehensive budget for your project are
Why your teams need this course
Project managers and their teams across all industries will benefit from effective project budgeting. This course will help you to create a fully costed budget to get approval from stakeholders, and lead your project to success.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
