Project Costing and Controlling

Ensuring project profitability

The success of a project, lastly, depends upon its profitability. The effective project manager needs a solid financial and controlling background.

Kursziel

The participants will be able to lead their projects to success, economically. They will know the basics of costing and the conditions to planning costs. They will be able to develop efficient cost plans for their specific projects.

The participants will gain a comprehensive understanding of the necessity and potential for integrated project controlling, in accordance to the key success factors of the project.

Inhalt

• The basics of costing
• Integration of the project costing plan into overall project plan
• Cost estimation
• Cost and budget planning
• Project cost effectiveness
• Control versus controlling
• Isolated target performance comparision
• Earned value management
• Analysis and evaluation of the data
• Cost and performance deviance
• Overall project deviance

Methodik

Trainer input, group work with case studies, presentation of group results, individual work tasks, moderated discussion, feedback