Project Estimation and Cost Management
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Project Estimation and Cost Management
This course is part of Project Schedule and Cost Management Specialization
Instructor: EDUCBA
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What you'll learn
Apply project estimation techniques to define scope, effort, costs, and resource requirements.
Develop project schedules and budgets using WBS, MS Project, and planning frameworks.
Analyze cost variance, resource utilization, and project performance to improve outcomes.
Skills you'll gain
Tools you'll learn
Details to know
June 2026
20 assignments
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There are 5 modules in this course
Master project estimation, cost management, and planning using real-world tools and techniques.
Learn how to build accurate project budgets, timelines, and resource plans with confidence. This course provides a complete, practical guide to project estimation and cost management, covering everything from Work Breakdown Structure (WBS) to advanced scheduling in MS Project. You will learn how to define scope, estimate effort, allocate resources, and manage budgets effectively. Through hands-on examples and structured frameworks, you will understand how to convert estimation data into actionable project plans using MS Project. The course also covers key concepts such as cost variance, resource optimization, and effort-driven scheduling. By the end of this course, you will be able to confidently estimate, plan, and manage projects, making you job-ready for roles in project management, business analysis, and operations.
Learn core concepts of project estimation, cost structures, and estimation frameworks to build a strong foundation for planning and budgeting.
What's included
6 videos4 assignments
6 videosβ’Total 43 minutes
- Introduction to Project Estimate and Costβ’7 minutes
- Estimating Road Mapβ’7 minutes
- Estimating Road Map Continuesβ’7 minutes
- Estimating Matrix and Budgetβ’7 minutes
- Driver Worksheetβ’7 minutes
- Creating the Review WBSβ’6 minutes
4 assignmentsβ’Total 60 minutes
- Foundations of Project Estimationβ’30 minutes
- Introduction to Project Estimate and Costβ’10 minutes
- Building the Estimation Frameworkβ’10 minutes
- Key Tools for Initial Planningβ’10 minutes
Develop structured WBS, define project scope, and apply estimation drivers and assumptions to create accurate project plans.
What's included
6 videos4 assignments
6 videosβ’Total 20 minutes
- Task and Activity in WBSβ’6 minutes
- Task and Activity in WBS Continuesβ’4 minutes
- Management and Coordinationβ’2 minutes
- Resource Summaryβ’3 minutes
- Phase Major Activityβ’3 minutes
- Phase Major Activity Continuesβ’3 minutes
4 assignmentsβ’Total 60 minutes
- Work Breakdown Structure & Planningβ’30 minutes
- Structuring Tasks in WBSβ’10 minutes
- Managing Project Activitiesβ’10 minutes
- Defining Project Phasesβ’10 minutes
Transform estimation data into structured schedules using MS Project, including task sequencing, dependencies, and scheduling formulas.
What's included
6 videos4 assignments
6 videosβ’Total 32 minutes
- Exporting MS Projectβ’2 minutes
- Output of Ms Projectβ’6 minutes
- Predecessor in MS Projectβ’4 minutes
- Predecessor in MS Project Continuesβ’9 minutes
- Scheduling Formula of Ms Projectβ’7 minutes
- Type of Budgetingβ’5 minutes
4 assignmentsβ’Total 60 minutes
- MS Project Tools & Scheduling Basicsβ’30 minutes
- Working with MS Project Outputsβ’10 minutes
- Task Dependencies & Flowβ’10 minutes
- Scheduling Techniquesβ’10 minutes
Manage resources, optimize task duration, and apply effort-driven scheduling techniques to improve project efficiency.
What's included
6 videos4 assignments
6 videosβ’Total 33 minutes
- Task Duration and Phaseβ’4 minutes
- Resources and Its Typesβ’4 minutes
- Resource Sheet and Resource Form Toolsβ’6 minutes
- Example of Resourcesβ’8 minutes
- Effort Driven Schedulingβ’5 minutes
- Example of Effort Driven Schedulingβ’6 minutes
4 assignmentsβ’Total 60 minutes
- Resource & Time Managementβ’30 minutes
- Task Duration & Resource Typesβ’10 minutes
- Resource Tools & Examplesβ’10 minutes
- Effort-Based Schedulingβ’10 minutes
Apply budgeting strategies, track project performance, analyze variance, and optimize planning using real-world project tools.
What's included
6 videos4 assignments
6 videosβ’Total 29 minutes
- Team Planner in Ms Projectβ’4 minutes
- Bottom up Estimationβ’3 minutes
- Overview of Projectβ’8 minutes
- Overview of MS Projectβ’6 minutes
- Resource Over Allocation and Overviewβ’3 minutes
- Task Set For Project Planningβ’5 minutes
4 assignmentsβ’Total 60 minutes
- Advanced Planning & Optimizationβ’30 minutes
- Team Planning & Estimation Methodsβ’10 minutes
- Project & Tool Overviewβ’10 minutes
- Handling Constraints & Final Planningβ’10 minutes
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