0801PLPS
Module
08 Managing Cost Estimating & Budgeting
Level
Professional (Practitioner / Project Manager)
Discipline
Planning & Scheduling
- Be able to define and explain the purpose of Managing Cost Estimating & Budgeting and how that governs or impacts the roles and responsibilities of the Planner/Scheduler
- Is able to define and explain the basic tools/techniques of cost estimating and budgeting, how they can or should be used from both the owner and contractors perspectives
- Is able to define and explain the root causes of why cost and schedule duration estimates tend to be "wrong" and what can or should be done to remedy this
- Is able to define and explain the various types of cost estimates, w