Continuing Education

PMGT107 - Project Cost Management

Prerequisite:
PMGT 106
Course Equivalencies:
PMC107

Course Code

A unique identifier used at NAIT for this specific course.

Campus

The location where your NAIT courses will be held.

Course Overview

A large part of the project manager’s role is to administer a project budget and plan for potential financial risks. Upon successful completion of this course you will be able to develop a project budget and monitor its performance using earned value calculations

Project cost control is a key performance indicator for project success and managing all aspects of costs is an essential skill to keep projects on budget. The skills obtained in this course will allow you to monitor and control costs processes including the planning, estimating, budgeting, financing, and funding of projects. Upon successful completion of this course you will have the skills needed to avoid cost over-runs, which are a frequent killer of projects, and be able to apply course concepts to determine the processes required to complete projects within an approved budget. The resources needed to build your skills in resource planning, cost estimating, cost budgeting, accomplishment monitoring, earned value analysis, cost control, depreciation methods, and capital budgeting will also be provided.

As a project manager this course will also provide you the competencies to recognize and manage labour rates, overhead rates, capital investment concepts, contingency funds/ management reserve, and purchasing / procurement to ensure your project is completed on budget.

When you successfully complete the learning outcome assessment within this course, you will earn a NAIT micro-credential and receive a digital badge to share on social media and with your network.

Upcoming Offerings

Delivery Methods

  • Face to Face: Where: In-person meetings. When: Course is scheduled at a specific time for students to attend. Face-to-face instruction at all class meetings. Location may be on campus or at a worksite.
  • Blended: Where: Mixture of in-person & online components. When: Course is scheduled at a specific time for students to attend. Combination of face-to-face and online components at specific times. Some online components may be accessed online anytime.
  • Hyflex: Where: Choice to attend in-person or online meetings. When: Course is scheduled at a specific time for students to attend. For each class, students choose to attend in-person with the instructor or online at a specific time.
  • Remote Live Delivery: Where: Online with instructor. When: Course is scheduled at a specific time for students to attend. Instruction is delivered at set times online. Students do not come to campus.
  • Remote On-Demand Delivery: Where: Online anytime. When: No set class meetings. Coursework is accessed on-demand and online. While there are no set class meetings, there may be set due dates and deadlines for some activities. Students may interact with peers through virtual tools.
  • Remote Independent: Where: Online anytime. When: No set class meetings. Coursework is accessed on-demand and online, with no instructor support. While students choose when to do coursework, there may be set due dates and deadlines. 
  • Work Placement: Where: In-person meetings. When: Work is scheduled at a specific time for students to attend. Onsite work integrated learning. Location at a worksite.
Shopping Cart Quick View
Open Shopping Cart