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Coursera

Cost Management and Earned Value Analysis

EDUCBA via Coursera

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Overview

Master PMP Cost Management and Earned Value Management (EVM) with real exam-focused examples. Learn how to confidently solve cost-based PMP questions and apply concepts in real projects. This course provides a structured and practical approach to understanding cost management processes, including planning, estimating, budgeting, and controlling costs. You will gain hands-on expertise in EVM formulas such as CPI, SPI, CV, and SV, along with advanced forecasting techniques like EAC, ETC, and VAC. Designed for PMP aspirants and project professionals, the course simplifies complex calculations and explains concepts through real-world scenarios and exam-style questions. By the end of the course, learners will be able to analyze project performance, control budgets effectively, and make data-driven decisions. Whether you are preparing for the PMP exam or managing real-world projects, this course equips you with the tools to succeed.

Syllabus

  • Foundations of Cost Management
    • Understand the core principles of cost management, including the triple constraint, cost processes, and planning frameworks required for effective project budgeting.
  • Budgeting and Cost Baselines
    • Learn how to estimate costs, aggregate budgets, and develop cost baselines using structured PMP methodologies and tools.
  • Controlling Project Costs
    • Explore cost monitoring, variance analysis, and EVM techniques to measure and control project performance effectively.
  • Earned Value Management & Performance Analysis
    • Master advanced EVM calculations and forecasting techniques to predict project outcomes and improve decision-making accuracy.

Taught by

EDUCBA

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