PROJECT COST MANAGEMENT

PROJECT COST MANAGEMENT

Pusat Pelatihan, Jakarta | 8- 9 September  2010 | Rp 4,500,000


Introduction

This course is designed to give delegates more depth into Project Cost Management, which includes project selection methods using a financial approach, estimating and budgeting a project. It also gives tips on how to track the project cost throughout the project


Course Overview

Target Group

This course is tailored especially for those who are Project Managers, PMO Managers, Project Cost Executives


Learning Outcome

At the end of this course, participants will be able to:

  • Understand general cost & financial management concepts
  • How projects are selected using financial models
  • Monitor the budget throughout the project lifecycle using Earned Value Analysis
  • Identify potential financial risks and implement contingencies
  • Forecast project cost performance


Key Topics

  • Cost Management a Triple Constraint of a project
  • Project Selection Methods using Cost/ Benefit analysis
    • The various tools like NPV, IRR, payback period, etc
  • What are costs and the types of cost?Direct & Indirect Cost
    • Fixed & Variable Cost
    • What is Depreciation
    • CAPEX & OPEX
  • Project Cost Estimation
    • Selecting Estimating methods
    • Methods: Top-Down, Bottom-Up, Parametric, Industry Guidelines
    • Organizational Policies
  • Project Budgeting
  • Risks & Contingencies
  • Monitoring & Controlling
    • Setting up and Managing Cash-flows
    • Using convention methods to monitor
    • Using Earned Value Analysis to manage project
      • Performance Indicators
      • Forecasting cost at selected junctures
  • Measure the ROI of the Project


Trainer:

Ir. M. Tavip Sunandar, MM, PMP


Duration:

2 Days


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