Project Cost Management Explained | Estimation, Budgeting & Cost Control (Beginner Friendly) скачать в хорошем качестве

Project Cost Management Explained | Estimation, Budgeting & Cost Control (Beginner Friendly)

My LinkedIn: https://www.linkedin.com/in/nazmul-hasan-p... Learn Project Cost Management in a simple, practical way. In this video, you will understand the core building blocks of cost estimation, budget development, and cost control — explained with real examples so beginners and professionals can apply the knowledge instantly. If you are preparing for PMP, managing projects in IT, construction, NGO, or corporate environments, or simply want to master project budgeting, this video will guide you step-by-step. ✅ What You Will Learn 1. Cost Estimation Techniques Analogous Estimation (fast, low accuracy) Parametric Estimation (data-driven, medium accuracy) Bottom-Up Estimation (WBS-based, highest accuracy) Three-Point / PERT Estimation (ideal for uncertain items) 2. How to Build a Realistic Project Budget Estimated Total Cost Contingency Reserve (known risks) Management Reserve (unknown risks) How to create the Baseline Budget How Total Budget is calculated 3. Cost Control Essentials Monitoring & tracking Forecast (EAC) Cost Variance (CV) Simple examples to understand over-budget and under-budget situations 4. Exercise Included Practice questions to test your understanding of: Baseline Budget Total Project Budget Cost Variance Budget performance during project execution ✅ Who This Video Is For Project Managers & PMP aspirants IT & Cybersecurity Professionals Civil & Construction PMs NGO project professionals Students learning project management Anyone wanting clear, simplified project budgeting knowledge ✅ Keywords project cost management, cost estimation, project budgeting, cost control, WBS estimation, analogous estimation, parametric estimation, bottom-up estimation, PERT estimation, PMP cost management, project budget development, baseline budget, contingency reserve, management reserve, cost variance, EAC, BAC, PMP exam prep, PMBOK cost management, project management tutorial, PM training, project manager skills, PM for beginners. ✅ Chapters Introduction Why Cost Management is Important Types of Cost Estimation Budget Development Explained Baseline vs Total Budget Cost Control Basics Simple Cost Variance Examples Exercise Challenge Final Summary ✅ If you found this helpful Like, share, and subscribe for more simple Project Management and Cybersecurity lessons made for beginners and young professionals.