Project Estimation and Budgeting

Project Estimation and Budgeting

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 and Coordinators with delivery responsibility
  • Programme and Portfolio Managers
  • Business Analysts involved in project execution
  • Change Management Professionals supporting project implementation
  • Finance and Operations Professionals involved in project budgeting
  • Procurement, Contract, and Vendor Management Professionals
  • Risk and Compliance Professionals supporting project controls
  • NGO, Public Sector, and Development Professionals responsible for programme delivery

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.

Categories

Similar Courses

Project Execution Excellence: Stakeholders, Risk and Change (5-days)

Project Stakeholder Management

Project Risk Management

Project Execution Excellence: Stakeholders, Risk and Change (3-days)

Project Estimation and Budgeting