Project Cost and Procurement Management

Course Objectives

• Understand the processes of cost management and procurement management
• Create and refine activity effort and cost estimates
• Define and use project cost metrics, including Earned Value Management (EVM) and project return on investment (ROI)
• Aggregate project costs and develop a project budget
• Assess and initiate project procurement to engage external resources
• Define the types and components of a contract
• Negotiate and finalize a contract
• Monitor and control project costs and manage project procurements

Course content subject to change.