Project Cost Management

Project Cost Management

Project Cost Management is the practice of managing costs in a project. The practice includes all of the functions related to costs to plan, estimate, budget, finance, and control costs. The aim of the practice is to manage costs so that project is completed in the budgeted costs efficiently and effectively.  The practice involves cost estimation, cost control, and financial analysis.

Certification in Project Cost Management certifies your skills and knowledge of managing the finances for a project. The certification assess you in estimating project costs, budgeting, monitoring and controlling expenses, financial risks, and apply cost control techniques.
Why is Project Cost Management certification important?

• The certification attests to your skills and knowledge of managing project finances.
• Increases your career opportunities in project management roles.
• Shows your skills in controlling project expenses .
• Validates your skills to reduce financial risks.
• Increases your job market competitiveness.
• Attests to your knowledge of cost management tools, and techniques.
• Earn higher salaries compared to non-certified professionals.

Who should take the Project Cost Management Exam?

• Project Managers
• Cost Estimators
• Financial Analysts
• Budget Analysts
• Project Controllers
• Program Managers
• Construction Managers
• Operations Managers
• Procurement Managers
• Risk Managers
• Supply Chain Managers
• Construction Estimators

Project Cost Management Certification Course Outline
The course outline for Project Cost Management certification is as below -