In the field of project management, two common areas of project over-run are time and cost factors. So, if you’re in the business of managing a project, no matter how simple or complex, this course is ideal professional development for you.
The Certificate of Project Time and Cost Management is an online professional development course that will develop the skills required to effectively manage the schedule and budget of a project.
In this project time and cost management course you will learn how to effectively manage the time and cost constraints of a project to achieve project success as part of the ‘triple constraint’.
You will discover tools and techniques crucial to effective project management, including activity definition processes, work breakdown structure, precedence and arrow diagramming methods and milestone trend analysis.
You will also learn about earned value management and how to establish this within a project to be able to report on project status and forecast future performance.
On completion of this course you will have gained solid schedule and budget management skills to enhance your project management performance for an organisation or company.
Course Structure
Unit 1 - Manage project time
- Manage project time
- Project scheduling
- Project time management processes
- Activity definition process
- Work Breakdown Structure (WBS)
- Inputs and outputs
- Project scope
- Tools and techniques
- Activity sequencing process
- Milestones
- Precedence Diagramming Method (PDM)
- Arrow Diagramming Method (ADM)
- Dependencies
- Project network diagrams
- Resource estimating process
- Project calendar
- Duration estimating
- Parametric estimating
- Constraints
- Critical path
- Schedule compression
- Resource levelling
- Critical chain method
- Schedule control process
Unit 2 - Manage project cost
- Manage project cost
- Project cost management
- Job costing
- Double-entry accounting
- Cost-benefit analysis
- Risk management analyses
- Budgets
- Cash flow budget
- Cost accounting
- Developing a project budget
- Responsibility accounting
- Budgets and controls
- Capital budgets
- Break-even analysis
- Financial cost analysis
- Cost management plan
- Earned value management (EVM)
- Variances
- Ratio analysis
- Variance analysis reports
- Project outcomes
- Milestone trend analysis (MTA)
Study Hours
Estimated duration 30 hours
Course Delivery and Start
Start anytime, self-paced and 100% online
Assessment
Assessment will be comprised of written exercises, including short-answer questions, reflective tasks, short reports and/or projects. There are no examinations or due dates for assessment. As a result, you can complete training in your own time and at your own pace with the assistance of unlimited tutor support.
Testimonials
This is my first time doing an online course and it is a great experience doing this online course with Australian Online Courses.
Peter | Papua New Guinea | Certificate of Project Time and Cost Management
Very well planned and delivered. Lots of learnings gained
S. Jhurry, Bibra Lake, WA | Certificate of Project Time and Cost Management
The requirements of the course were very straight forward and easy to understand. The course material was relevant, concise and easy to navigate through. Overall I thought the course was extremely useful and I would recommend it to others looking to expand their knowledge of project management
Luke Corrigan, Coogee, NSW | Certificate of Project Time and Cost Management
It was something that I need it for my next professional step, more that happy to recommend you.
A.Gomez, QLD | Certificate of Project Time and Cost Management
About Us
Graduation
A Certificate of Attainment and Statement of Results will be issued upon successful completion of this course.
How to Enrol
Enrol Online: Enrol Now
Enrol via Live Chat (Business Hours)
Enrol via Telephone 1300 76 2221 (Business Hours)
Enrol via Purchase Order/Tax Invoice
Enrolling Multiple Staff?
To enrol multiple staff, please complete the Employer Enrolment Form. We’ll be in touch within 60 minutes during business hours!
Payment Options
Visa, Mastercard, BPAY and EFT/Direct Deposit. Please allow 1-2 Business days for processing for EFT and BPAY.
Course FAQs
Why Choose Australian Online Courses?
- Professional development that is widely recognised and respected;
- Improve your employment opportunities;
- Study online, anywhere via our elearning system;
- High-quality professional development programs written by industry experts;
- All course materials provided online – no textbooks to buy;
- Unlimited tutor support via email;
- We offer twelve (12) months’ access, with extensions available upon application (fees apply);
- Course may be tax deductible; see your tax advisor.
Are there any entry requirements or pre-requisites?
There are no course or subject pre-requisites for entry into our programs. However, our professional development programs are generally intended for people over the age of 18. In some circumstances, enrolments from younger people may be considered. Please complete the AOC Parent Guardian Consent Form prior to enrolling and submit here.
Are there any computer requirements?
To study online with Australian Online Courses you will need a computer (desktop PC/laptop) running a current/updated operating system with reliable high-speed internet access. You will need to use the Google Chrome browser to access your course.
When can I start this course?
You can start within 60 minutes during business hours when you enrol and pay in full with a credit card!
Credit card: Within 60 mins during business hours.
BPAY: Within 1-2 working days.
Internet Banking: Within 1-2 working days.
Cheque/Money Order: Upon receipt of mailed cheque.
How is this course delivered?
This course is delivered online via our easy-to-navigate Learning Management System (LMS), where you will discover interactive online learning/written content, resources and assessment.
Do I need to attend classes or undertake any work placements?
No. All courses are delivered online via our LMS and there are no work placement requirements in this course.
What support can I expect from Australian Online Courses?
Unlimited tutor support is available throughout your studies via email only during business hours Monday to Friday. Our Administrative team are available Monday to Friday via email, live chat and telephone.
I am an international student. Can I enrol into this course?
Yes! We accept enrolments from individuals both within Australia and internationally; location is no barrier to entry into our programs.
Career Pathways
Future growth
Strong
Unemployment
Low
- Project Cost Analyst
- Cost Specialist
- Cost Controller
- Project Management Assistant
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