Логотип iCompetent

Cost Estimating & Control

How project costs are estimated, baselined and controlled — estimate classes, contingency, earned value and honest forecasting — for anyone responsible for project money in industrial and energy organisations.

53m
Общее время
4
Уровни компетенций
12
Уроки

Чему вы научитесь

  • Explain why estimate accuracy improves through the project lifecycle and match estimate classes to their typical accuracy ranges
  • Select an appropriate estimating approach — analogous, parametric or bottom-up — for the information available
  • Distinguish contingency reserve from management reserve and apply each correctly
  • Describe how estimates, contingency and reserves combine into a cost baseline and project budget
  • Interpret PV, EV and AC, and read CPI and SPI to judge cost and schedule health
  • Forecast cost at completion and report cost status honestly, including bad news, early

Программа

Проходите уровни компетенций по порядку.

1

Awareness

  • Estimate classes: from order-of-magnitude to definitive
    Знания
    2m
  • Three ways to estimate: analogous, parametric, bottom-up
    Знания
    3m
  • Awareness check: estimate classes and approaches
    Оценка
    7m
2

Knowledge

  • Contingency and management reserve
    Знания
    2m
  • From estimate to cost baseline and budget
    Знания
    3m
  • Knowledge check: reserves, baseline and budget
    Оценка
    8m
3

Skill

  • Earned value basics: PV, EV, AC, CPI and SPI
    Знания
    3m
  • Build a cost baseline and earned value snapshot
    Задание
    3m
  • Skill check: reading earned value
    Оценка
    8m
4

Mastery

  • Forecasting at completion and honest cost reporting
    Знания
    3m
  • Cost forecast review and reporting brief
    Задание
    3m
  • Mastery assessment: forecasting and cost integrity
    Оценка
    8m

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