Master of Business Administration in International Management - MBA

Course Description

MGMT X442.29: Project Cost Management (1.5 credits)

Note: All courses carry three (3) credits unless otherwise stated.

Financial viability is the primary factor that management, investors, and stakeholders use when evaluating projects.

This course seeks to maximize the participant’s project value and increase its potential for success by incorporating analysis of financial costs and benefits into his or her project plan. The course gives project managers the insight and the tools necessary to perform high level, reliable cost and schedule estimates; determine necessary supporting resources; and evaluate estimates based on resource availability and project risk. Participants will use the latest version of the PMBOK Guide® as a class reference to cost management processes and definition.

Participants will learn how to compute financial ratios based on streams of capital costs, opera-tion costs, and maintenance costs; and apply the concepts of the time value of money to cash flows to determine the effects on asset values and rates of return.