Cost Estimation of  Projects involves the approximation of the
 probable  total cost  of a project, computed on the  basis of 
available  information.   The 40-hour  module  covers the four 
common types of cost estimates: 

(1) Planning estimate:  rough  approximation of cost within  a
 reasonable range of values, prepared for information purposes 
only. Also called ball park estimate. 

(2) Budget  estimate :  approximation  based on well  defined 
(but preliminary) cost data and established ground rules.
 
(3) Firm estimate: based on cost data sound enough for entering 
into a binding contract.

 (4) Not-to-exceed /Not-less-than  estimate: maximum  or minimum 
amount required to accomplish a given task, based on   firm cost 
estimate. The module is intended for anyone preparing, analyzing,
 auditing or approving estimates.  It also introduces the Earned 
Value Analysis technique.
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Primavera Cost Manager Course 
It can be   nearly impossible to build   annual budgets that consider forecasted project 
and   program   work  plans along with   detailed   cost data.  Even more challenging is 
attempting to reconcile actual program costs with actual schedule performance. 

Only P6 Cost   Manager  integrates detailed  cost information  with the program schedule
in  a single solution. P6 Cost   Manager  combines   project performance  data from cost 
systems  (like ERPs  or  account  systems)   and Primavera  schedule data, adds complex 
burdening  rates,   and tracks committed  costs.   Cost  Manager enables  you to  achieve 
unparalleled  insight by  evaluating  cost   against schedule  performance.  Earned Value 
and Estimate at Completion techniques are demonstrated.
*SCHEDULE          *DOWNLOAD COURSE CONTENT 
 
To register for Cost Manager, Please *CLICK HERE!!!