Project Management Foundations: Budgets is one of 10 courses in a LinkedIn Learning Path entitled Become a Project Manager. I have now completed 5 of the 10 courses. This learning opportunity is endorsed by the self-study group initiative at Boston PHP Meetup.
Course Details
Budget is key to controlling a project’s outcome—and one of the 10 foundational knowledge areas of the Project Management Body of Knowledge. Project Management Foundations: Budgets is designed for project management professionals and other leads who need to get a handle on their costs. In particular, you will learn how to manage your project’s budget. Also, you’ll explore fundamentals such as the work breakdown structure, costing standards, and capital vs. operating costs. Then, you’ll learn how to build, manage, and monitor a project budget. Finally, you will receive practical tips on recovering from overruns and dealing with scope changes.
Learning Objectives
- Recall best practices for project budgeting and estimation.
- Distinguish common estimation approaches used to build project budgets, and understand when to use them.
- Identify best practices for budget expectation management, while utilizing sound budget refinement techniques.
- Describe and explore agile project budgeting techniques.
- Review various approaches for correcting project budget overruns.
- Review sound budget reporting approaches, including how they can be used to report project status.
- Recognize the issues and changes that can put a project budget in jeopardy.
Become a Project Manager
Project managers are catalysts for change. Learn how to manage projects from beginning to end using proven project management techniques. After completing this learning path, you’ll have the skills and knowledge to manage simple projects as well as complex, enterprise-wide initiatives.
Previously completed courses in this 10-course, 11-hour Learning Path include the following:
- Project Management Foundations: Budgets (current)
- Project Management Foundations: Schedules
- Project Management Foundations: Requirements
- Project Management Foundations: Ethics
- Project Management Foundations
Boston PHP
Boston PHP is the largest education-focused Meetup in New England with more than 3,700 members. Our mission is to engage members in continuing education efforts. As a result, we offer services beyond in-person meetups. A cornerstone of our member engagement strategy is this virtual self-study group initiative called Web Apprentices.
If you would like to learn agile methodologies as part of a group of like-minded web developers, join Boston PHP Meetup and sign up for the next Agile Appetizer self-study group.
Gene Babon
Gene Babon is a team leader, project manager and web developer who is actively seeking next management-level opportunity. Learn more at Pick a lane. Keep driving.
|| Home ||
Gene Babon on LinkedIn | Web Apprentices on Twitter | Agile Appetizer on Facebook