3

YEAR

2011

VOLUME

FOUR

Management and leadership consulting Cost benefit analysis

performance metric

 

Subject:

Cost Management

At its conclusion, learners can expect to understand how to:

 Calculate a cost performance index (CPI)

 Calculate a schedule performance index (SPI)

 Calculate estimated costs at completion (EAC), using the most appropriate method

 Allocate cost to products, processes, and activities

 Develop process improvement initiatives

Content

"Cost Management" places basic cost management tools within the grasp of nearly any project manager. Each skill sequence builds on the one before. Using clear explanations and providing ample practice, this course makes learning when and how to use cost management calculations and indices as uncomplicated as possible.

 

The supplemental course materials are designed for the entire series. The glossary extends beyond the terms used in this module. New terms in the text are linked to the glossary, or users can go to the glossary to look up terms by scrolling or using the alphabetical index. The resources section is a treasure trove of brief articles on a variety of management topics. Overall, for managers new to cost management methodologies, this course should prove useful, regardless of the number of zeroes and commas in their project budgets.

Value

If these cost management tools aren't already in your project management toolkit, this course is an efficient and cost-effective way to acquire them. The time and money spent are likely to be repaid many times over the first time you apply these methods to a real-life project.

 

Cost Management

 

1

Introduction to Cost Management

2

Basic Cost Management Concepts

3

Cost Behavior

4

Activity-Based Costing

5

Product and Service Costing: Job-Order System

6

Product and Service Costing: A Process Systems Approach

7

Allocating Costs of Support Departments & Joint Products

8

Budgeting for Planning and Control

9

Standard Costing: A Functional-Based Control Approach

10

Decentralization: Responsibility Accounting

11

Strategic Cost Management

12

Activity-Based Management

13

The Balanced Scorecard

14

Quality and Environmental Cost Management

15

Productivity Measure and Control

16

Lean Accounting

17

Cost-Volume-Profit Analysis

18

Activity Resource Usage Model

19

Pricing and Profitability Analysis

20

Capital Investment

21

Inventory Management: Economic Order Quantity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rates

0

Welcome to the "Rates" Module

1

Labor Estimation Rates

2

Cost Estimation Rates

3

Wrap Rate Calculations

4

Wrap Rate Projections

 

 

 

 

 

Earned Value Management (EVM)

0

Course User Guide

1

Introduction & Purpose of Course

2

The Work Breakdown Structure (WBS)

3

The Organization Breakdown Structure

4

Scheduling

5

Budgeting

6

Establishing the Baseline

7

Detailed Planning

8

Measuring Work in Progress

9

Accounting System

10

Data Collection

11

Estimating Cost at Completion - Judgment & EV Information

12

Change Control

13

 

Baseline Maintenance

 

14

External Reporting

15

Contract Status

16

Contracting

17

The Integrated Baseline Review (IBR)

18

Internal Surveillance

19

Surveillance Plan Execution

20

 

Program Execution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Software Cost Estimating

0

Software Cost Estimating (CLB023)

1

Define the System and Cost Drivers

2

Collect and Analyze Data

3

Select a Model

4

Develop and Test the Estimate

5

Document and Defend the Estimate