Project Cost and Risk Management

The first part of this course will cover the fundamentals of project cost management and control including project estimating at the project definition and approval stage, budgeting, resource costing and allocation, and status reporting. In the second part of the course, students will be introduced to a structured multi-tiered approach that can be used to identify the different types of risks associated with projects such as technical, time, costs, quality and others. Students will learn to communicate risks effectively and share the responsibility of managing risks with your team members, customers and management.