Cost Estimation & Budgeting
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Full course description
What you'll learn:
Learners will explore project budgeting, which is aggregating the cost estimates of individual activities, or a work package, to develop the total cost estimate that allows setting a formal cost baseline.
By the end of this course, learners will be able to:
- Describe some of the problems that occur when estimating costs
- Understand the importance of the project scope and how it relates to cost management
- Identify various inputs required for estimating the cost of the project
What you'll do:
View lecture videos, annotate accompanying book chapters and submit the final quiz.
Who this course is designed for:
Anyone interested in learning about Project Cost Management
Required Materials - Perusall access to
- Venkataraman, R. and Pinto, J. (2008) Cost and Value Management in Projects, 1e, Wiley (ISBN 9781118174180)
Meet the instructor
L. Terken Gupur - Instructor
Terken Gupur is a full-time instructor at the Faculty of Leadership and Integrative Studies at ASU She holds a bachelor's degree in Management and a master's in International Relations. She is working towards her doctorate in Planning, Governance, and Globalization at Virginia Tech. Prior to teaching at ASU, she worked as a researcher at a think tank in Turkey, as a legislative fellow at the House of Representatives in D.C., as a director of global water and energy consulting firm, and as a communications and policy director at an intercultural NGO.