A003 - Cost Management (Deep Dive)

We discuss: What is Cost Management? Predictive Project Cost Management Predictive Cost Management Processes The Cost Management Plan Cost Estimate Accuracy Levels Key Cost Estimation Techniques Project Budget Structure Budget Components and the S-Curve Cost Control and Performance Monitoring Earned Value Management (EVM) Essential Core EVM Variables Schedule Performance Metrics Cost Performance Metrics Estimate at Completion (EAC) Methods Completion Forecasts To-Complete Performance Index (TCPI) The TCPI Analogy: Driving to Your Destination Key Takeaways for EVM Success Types of Costs Project Phase: Planning Project Phase: Monitoring & Controlling Agile Cost Management Philosophy Capacity-Based Costing in Agile Managing Scope to Meet Budget Agile Performance Measurement Two Approaches, One Goal (Predictive Cost Management and Agile Cost Management) Best Practices for Project Managers