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Estimation and Cost Management Concepts

SS Course: GK831178

Course Overview

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Are you a Project Manager navigating the waves of change in today s dynamic business environment? Discover how mastering estimation techniques can set you apart and drive your projects to success.

Join our exclusive session, inspired by the latest industry trends and top-paying certifications for 2026. We ll explore how organizations are adapting, what skills are in demand, and how you can leverage proven estimation strategies to deliver results even as the landscape shifts.

  • Stay Ahead of the Curve: Learn what leading companies are seeking and how you can align your skills for maximum impact.
  • Risk Management: Understand how Risk Management can support your estimation techniques

Essential Skills for PMs: Map out the must-have competencies for 2026 and discover why estimation is at the heart of successful project delivery.

                                                                  

Scheduled Classes

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02/19/26 - GVT - Virtual Classroom - Virtual Instructor-Led
04/09/26 - GVT - Virtual Classroom - Virtual Instructor-Led
05/07/26 - GVT - Virtual Classroom - Virtual Instructor-Led

Outline

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  1. FOUNDATIONS
    • Project Management Life Cycle
    • Stakeholder Priorities Project Constraints
    • Principles of Integrated Project Planning
    • Project Cost Management (PMBOK view)
  2. PLANNING
    • Scope Planning
    • Level of Detail
    • Progressive Elaboration
    • Prioritizing Requirements
    • Estimating
    • Responsibilities
    • Estimating Techniques
    • Incorporating Uncertainty
    • Establishing and Defending Contingency
    • Balancing the Plan by Balancing the Constraints
  3. EXECUTING, MONITORING, AND CONTROLLING
    • Monitoring Progress
    • Earned Value Management Foundations
    • Managing Risk During Execution
  4. CLOSING
    • Transition Best Practices
    • Benefit Realization
  5. SMALL GROUP EXERCISES (using your own work-related initiatives)
    • Decomposing Project Work
    • Applying Estimating Techniques
    • Building Contingency Reserve
    • Applying Risk Management Techniques

    Prerequisites

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      Who Should Attend

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      Anyone who is involved in, or affected by, projects or change management within an organization, including project managers, IT project managers, project coordinators, team leaders, product managers, program managers, project team members, subject matter experts, analysts, stakeholders, and senior managers who want to get more out of their project teams