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Project Cost Management (PCM)


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Full program description




17 Hours






What you'll learn:

Project Cost Management will introduce students to the concepts and complex processes of effective project cost management. The course will primarily focus on project needs assessment, cost estimation, project cost control, project budgeting, cash flow management, financial management, value management, configuration management, and supply chain management. Students will also learn to appreciate the importance of integrating cost and value management processes.

Learning Objectives:

By the end of this program, learners will have demonstrated their ability to:

  • Identify the underlying theoretical principles of project cost management
  • Distinguish relevant concepts such as project scope and how it relates to project cost management
  • Read and analyze a project cost estimate
  • Manage complex professional and technical activities by using various tools to make cost and scope decisions and establish baselines
  • Propose pathways on cost management practices that can be strategically applied across the various functions of a business organization to improve organizational performance

What you'll do:

This program is divided into 6 courses that are designed around a particular theme. Each course is accompanied by related assignments and quizzes that are intended to test you on the content of the readings and any additional course material. The quizzes are a combination of multiple-choice and true/false.

  1. Introduction to Project Cost Management
  2. Cost Estimation & Budgeting
  3. Cost Control
  4. Cash Flow Management and Financial Management
  5. Change Control and Configuration Management
  6. Supply Chain Management and Integrating Cost and Value in Projects

Who this course is designed for:

This course is for anyone interested in learning about Project Cost Management.


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.