Drawing up a project budget - Part A
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Drawing up a project budget - Part A

The key concepts of project budget construction are addressed through a real-life role-play.

Cegos Training
Updated Jun 23, 2024

What you'll learn

  • How to structure your budget without omissions
  • Master a series of techniques to produce a robust initial estimation
Course Description

At the outset of any project it is essential to have a significant proportion of the resources in place so that they can be mobilized at the necessary stage of the project. This module will give you the key methods you need to estimate your project budget spread it over time and manage it effectively.

This course will cover:

  • Defining and identifying the key concepts of a project budget.
  • Identifying the different elements of a project budget.
  • Understanding the difference between estimation budget and budgeting.
  • Adapting estimation methods to the project phase 

Target Audience

Anyone who is involved in projects and wants to improve their project management skills. Current or future project managers.

Prerequisites

It is recommended that you first complete the courses 'Project Management Essentials' and 'The Project Framework'. It is also recommended that you complete this in conjunction with Part B of this course.

Accreditation

PMI accreditation: earn 0.5 PDU points from PMI.