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Cost Estimation & Budgeting


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Full course description




2-3 Hours






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.

Learning Objectives:

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.