Description

Your MS Project skills are already on a high level but you did not work with costs yet? After taking this E-Course you will be able to value the projects cost and earned value applying (cost) resources, baseline and rates.

Why THIS course?
Many, many times we see that where project timing and resourcing is kept in MS Project and project finances are kept in Excel. Using the financial governance capacilities in MS project is often an unexploited area. This is waste, because only adding rates to resources will already bring you half way. MS Project can calculate anything for you directly from your schedule.

The trick here is also to keep the right balance between the amount of input and getting valuable output. Remember MS Project is not meant to be accounting software, MS Project is a modeling tool which should deliberately simplify the reality. Accountants cannot permit to simplify. Neither will it serve as an invoicing system.

What will we do in this e-course?
Enter a project budget for main cost types, compare planned cost against actual cost. Predict eventual cost at project complete based actual progress, provide burn-down charts and earned value metrics to qualify the projects’ performance. All the things required to be able to perform quality cost control.