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Learn how to estimate, budget, and control costs using earned value in Waterfall projects. 🎥 Watch PMP Exam Prep video series: • PMP Exam Prep How do project managers ensure predictive projects stay within budget while meeting scope and schedule goals? In this video, we’ll explore Waterfall Project Cost Management, focusing on cost estimating, budgeting, earned value analysis, forecasting, and financial decision-making. This is the 5th video in our 15-part Waterfall Review & Question series. You’ll learn how to build a cost baseline, manage reserves, interpret earned value metrics, and apply forecasting techniques like EAC, ETC, and VAC. You’ll then test your understanding with 10 scenario-based practice questions (Questions 41–50) and detailed explanations. ✅ You’ll learn how to: • Apply cost estimating techniques such as analogous, parametric, bottom-up, and three-point estimating • Build and manage the cost baseline, contingency reserves, and management reserves • Interpret earned value metrics including EV, AC, PV, CPI, and SPI • Forecast project performance using EAC, ETC, and VAC formulas • Align project spending with funding constraints using funding limit reconciliation • Evaluate long-term cost decisions using Life Cycle Costing (LCC) and Total Cost of Ownership (TCO) By practicing these questions, you’ll strengthen your ability to manage budgets, analyze cost performance, and communicate financial status — all critical skills for the PMP® exam and predictive project delivery. Chapters: 0:00 Project Cost Management Overview 5:10 Question 41 7:14 Question 42 8:59 Question 43 10:54 Question 44 12:41 Question 45 14:18 Question 46 15:50 Question 47 17:59 Question 48 19:48 Question 49 22:03 Question 50 Previous Videos in the Series: 150 Waterfall Questions & Review: 1-10 (Project Management Fundamentals): • Видео 150 Waterfall Questions & Review: 11-20 (Project Integration Management): • 150 Waterfall Questions & Review: 11-20 (I... 150 Waterfall Questions & Review: 21-30 (Project Scope Management): • 150 Waterfall Questions & Review: 21-30 (S... 150 Waterfall Questions & Review: 31-40 (Project Schedule Management): • 150 Waterfall Questions & Review: 31-40 (S... 📚 Additional Resources: Waterfall Project Management Guide: https://pmaspirant.com/predictive-pro... PMP Resources: https://pmaspirant.com/pmp-resources If you are looking for free PMP practice questions: • Interactive Process Mapping Game: https://pmaspirant.com/project-manage... • 100 PMP Multiple Response Questions (Simulation Game): https://pmaspirant.com/pmp-multiple-r... • PMP Exam Simulator (180 Questions): https://pmaspirant.com/free-pmp-exam-... • 100 PMP Drag and Drop Questions Game: https://pmaspirant.com/pmp-drag-and-d... • CAPM & PMP Flashcards: https://pmaspirant.com/pmp-flashcards 👍 If you find this helpful, subscribe for the full 15-part Waterfall Review & Question series plus more PMP® exam tips and project management insights. / @pmaspirant