Welcome to the topic of mastering project management! This video lesson, ‘Project Budgeting,’ explains what you need to consider when creating and tracking your project’s budget. This lesson is the fifteenth of sixteen in the ‘Project Planning’ video course, which describes how to plan and organize your project so it can be completed efficiently and successfully. From this lesson, learners will see the importance of identifying direct and indirect costs at the outset of your project. Then, this lesson explains how to predict potential expense and track the finances of your project through its completion.
Overview
COURSE DIFFICULTY
COURSE DURATION
6m
Skills Learned
After completing this online training course, students will be able to:
Develop Comprehensive Project Budgets
Monitor and Control Budget Performance
Identify Cost Overruns and Implement Corrective Actions
Utilize Budgeting Tools and Techniques
Communicate Budget Information Effectively
Project Managers, Financial Analysts, Team Leaders, Budget Coordinators, Entry-Level Professionals
Basic Understanding of Project Management, Familiarity with Financial Terminology
01. Introduction to Project Budgeting
02. Key Components of a Project Budget
03. Budget Development Process
04. Budget Monitoring and Control
05. Tools for Effective Budget Management
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Develop Comprehensive Project Budgets
Monitor and Control Budget Performance
Identify Cost Overruns and Implement Corrective Actions
Utilize Budgeting Tools and Techniques
Communicate Budget Information Effectively
WHO SHOULD ATTEND
Project Managers, Financial Analysts, Team Leaders, Budget Coordinators, Entry-Level Professionals
PREREQUISITES
Basic Understanding of Project Management, Familiarity with Financial Terminology
COURSE OUTLINE
01. Introduction to Project Budgeting
02. Key Components of a Project Budget
03. Budget Development Process
04. Budget Monitoring and Control
05. Tools for Effective Budget Management
