Cost Planning

$99.90

Terms you should understand:

— Project Cost Management

— Time and Materials (T&M)

— Fixed Price (FP)

— Fixed Price with Incentive Fee (FPIF)

— Cost Plus Fixed Fee (CPFF)

— Cost Plus Percentage of Cost (CPPC)

— Sole Source

— Contingency and Management Reserves

Description

Understand key cost management processes including cost estimation techniques (analogous, parametric, bottom-up), budgeting, and cost baseline development. You’ll also gain insights into cost control measures to keep the project on track financially.