Key details
Mode of delivery: Classroom-based
Course code: PM11D
Duration: 1 day
Fee: £925.00 + VAT
CPD Hours: 6
Course Overview
This module focuses on developing accurate project cost estimates and financial plans. Participants will learn how to use forecasting methods, compare projections with actual performance, and apply effective budgeting techniques to maintain financial control and support informed decision-making throughout the project lifecycle.
Agenda
Project Estimation & Budgeting
- Forecasting Methods
- Forecasts vs Actual Results
- Budgeting methods
Course Review
- Summary and recap of key learning objectives
- Action Planning
Target Audience
This course is suitable for:
- Project managers
- Aspiring project professionals
- Team leaders and supervisors
- Programme and portfolio managers
- Business analysts
- Change managers
- Executives and decision-makers
- Entrepreneurs and startup founders
- Engineers and IT professionals
- NGO and public sector staff
Learning Outcomes
By the end of this course, you will be able to implement a successful strategy that enables you to:
- Understand various forecasting techniques used to predict project costs and timelines.
- Analyse discrepancies between projected and actual outcomes to improve future estimates.
- Learn different budgeting approaches to effectively allocate and manage financial resources.
