Project Estimation, Budgeting and Cost Control that works

About the Course:

This 3-hour course, “Project Budgeting and Cost Control,” is designed to provide project managers, team leads, and professionals with practical tools and techniques to plan, monitor, and control project costs effectively. Participants will learn how to develop accurate project budgets, track expenditures, analyse variances, and apply cost control measures to keep projects on track and within budget. The course combines theoretical knowledge with real-world applications to empower participants to manage project finances confidently and deliver successful projects.

Course Objectives:

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

• Understand the key principles of project budgeting and cost management.
• Develop a comprehensive project budget, including direct and indirect costs.
• Apply techniques to monitor project costs against the budget.
• Identify cost variances and analyze their causes.
• Implement effective cost control strategies to keep projects on track.
• Use Excel or other tools to support budgeting and cost control activities.

Who is the Target Audience?

This course is ideal for:

• Project managers and team leaders are responsible for financial management in projects.
• Professionals involved in project planning, budgeting, or cost monitoring.
• Small business owners and entrepreneurs manage project-based work.
• Students and early-career professionals seeking practical skills in project budgeting and cost control.

Basic Knowledge:

• There are no prerequisites for this course.