Cost and Financial Management

Cost and Financial Management
Cost and Financial Management is an approximately 30 minute online learning module that covers all aspects of project cost management as defined by The Association for Project Management (APM Body of Knowledge V7).
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The APM defines cost and financial management as the estimation of costs, the setting of an agreed budget, and management of actual and forecast costs against that budget. Learners will discover the key factors and fundamental elements that should be conisdered and addressed when managing the cost and finance of a project, including:

  • The cost management process
  • The cost management plan
  • Differing cost types
  • The estimating funnel
  • Estimating techniques
  • The cost of uncertainty
  • Cost monitoring and control

Learners will discover the key factors and fundamental elements that should be conisdered and addressed when managing the cost and finance of a project, including:

  • The cost management process
  • The cost management plan
  • Differing cost types
  • The estimating funnel
  • Estimating techniques
  • The cost of uncertainty
  • Cost monitoring and control

This course is designed for those new to working in projects, or non-project staff who wish to gain a basic understanding of the project environment and project management terminology.

  • Project team members who are new to the project environment.
  • Staff who are required to interact with the project team but may not be directly involved in project activity.
  • People who are considering a move into the project environment.
  • Project managers with an interest in being exposed to the terminology associated with best practice as defined by the APM.

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