(WINTER 2010)

A required course in the Certificate Program in Project Management.
No organization has unlimited time, money, or resources. For that reason, cost management can be used to evaluate the benefits and expenses of the project in relation to other potential projects before a selection is made. Learn to evaluate and analyze the financial viability and non-financial issues. Review basic financial terms and concepts that influence project selection decisions and understand all aspects of project planning. Discover how to prepare a cost estimate and budget in addition to considering ways how to monitor and control cost and manage changes to the cost baseline. Prerequisite: Mgmt X442.28, Introduction to Project Management Principles and Practices. This course is approved for 24 PDUs from PMI.

Roy E. Smoker, Ph.D., director of Program Management, MCR International. Dr. Smoker is a professional economist who has served in various capacities in the U.S. Air Force. Prior to retiring from the Air Force in 2000, he served as director of Financial Management and Comptroller for Headquarters Space and Missile Systems Center, he led a 300 person organization responsible for the $5.5 billion budget to finance research, development, procurement, and launch of satellites necessary to equip U.S. and allied forces with the capacity to support global military operation.