Project Management Foundations: Budgets

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Free Online Course: Project Management Foundations: Budgets provided by LinkedIn Learning is a comprehensive online course, which lasts for 1-2 hours worth of material. The course is taught in English and is free of charge. Upon completion of the course, you can receive an e-certificate from LinkedIn Learning. Project Management Foundations: Budgets is taught by Bob McGannon.

Overview
  • Learn how to manage your project's budget—a foundational knowledge area from the Project Management Body of Knowledge (PMBOK®).

Syllabus
  • Introduction

    • Manage your project budget so it doesn't manage you
    1. Budgeting Fundamentals
    • What is a project budget?
    • Budgets with WBS and project tools
    • Discover costing standards
    • Consider enterprise environmental factors
    • Examining capital and operating costs
    2. Building the Budget
    • Types of estimating
    • Estimation approaches
    • Establishing an estimating structure
    • Assigning costs to resources
    • Finalizing and communicating your budget
    • Budget considerations for agile projects
    3. Managing the Budget
    • The correct level of budget detail
    • Prioritizing budget versus scope elements
    • Recover a bloated budget
    • Earned value budget tracking
    4. Budget Management Pro Tips
    • Collect resource usage information
    • Select budget reporting options
    • Funding limit reconciliation
    • Apply foresight to your budget status
    • Address budgeting issues
    Conclusion
    • Next steps