Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget

(This Unit Standard course is aligned to: Further Education and Training Certificate: Project Management)

SAQA I.D. 50080 NQF Level: NQF Level 04

Unit Standard: 120375

Number of credits:  6

Introduction

Find out how to get project management certification and what is project management certification and learn about pmp project management when you book your seat on BOTI’s Unit Standard course: Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget course!  BOTI offers business training programmes across South Africa.

Course outline

You will be working as a leader in the context of a small project / sub-project involving few resources and having a limited impact on stakeholders and the environment or working as a contributing team member on a medium to large project when not a leader. These projects may be technical projects, business projects or developmental projects and will cut across a range of economic sectors. This standard will also add value to learners who are running their own business and recognise that project management forms an integral component of any business.

Find out how to get project management certification and what is project management certification and learn about pmp project management when you book your seat on BOTI’s Unit Standard course: Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget course!  BOTI offers business training programmes across South Africa.

Upon completion of this course you will have developed your skills in:

• Participating in the preparation and production of a cost budget.
• Contributing to the monitoring and controlling of cost budget performance by maintaining records and communicating the details.
• Identifying elements and resources to be costed through interpreting the project scope statement, work breakdown structure and other project data.

Find out how to get project management certification and what is project management certification and learn about pmp project management when you book your seat on BOTI’s Unit Standard course: Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget course!  BOTI offers business training programmes across South Africa.

Prior learning requirements

• Learners accessing this qualification will have demonstrated competence in mathematics and communication skills at NQF level 4 or equivalent.
• Learners accessing this qualification will have demonstrated competence in computer literacy and applicable software at NQF level 4 or equivalent.
• ID 13835: Contribute to project initiation, scope definition and scope control.
• ID 120372: Explain fundamentals of project management.

Find out how to get project management certification and what is project management certification and learn about pmp project management when you book your seat on BOTI’s Unit Standard course: Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget course!  BOTI offers business training programmes across South Africa.

Unit standard range

• Projects may include but is not limited to all projects including technical, developmental and business related projects.
• Project level will include but are not limited to working as a leader in the context of a small project / sub-project involving few resources and having a limited impact on stakeholders and the environment or working as a contributing team member on a medium to large project when not a leader.
• Variable costs may include but is not limited to materials, equipment, transport and resource.
• Elements of work may include but is not limited to projects, sub projects, phases of a projects, stages, tasks or activities or work packages.
• Elements of costing and budgeting may include but is not limited to forecasting, estimating.
• Fixed costs may include but is not limited to rent, labour and overheads.
• Agreed standards and procedures may include but is not limited to an organization’s project procedures and standards, industry best practice.
• Policies and procedures may be organisation specified systems, policies and procedures or where these do not exist, accepted industry best practice.

Course outcomes

Upon completion of this course you will be able to effectively:

• Contribute to the monitoring and controlling of cost budget performance by maintaining records and communicating.
• Identify elements and resources to be costed through interpreting the project scope statement, work breakdown structure and other project data.
• Participate in the preparation and production of a cost budget.

Find out how to get project management certification and what is project management certification and learn about pmp project management when you book your seat on BOTI’s Unit Standard course: Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget course!  BOTI offers business training programmes across South Africa.

Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget

SAQA I.D. 50080 NQF Level: NQF Level 04

Unit Standard: 120375

Course duration

3 days

Who should Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget course

This course is aimed at those aspiring towards or already engaged in activities involving project management and will also add value to those who are running their own business and recognise that project management forms an integral component of any business.

**Quote does not include Any Exam Fees (if applicable)

IMPORTANT ACTION: Do Not Wait To Improve Your Skills.  

Book Now By Completing Online Booking Form / Customised Proposal or Obtain Approval For Your Already Received Customised Proposal

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Further Education and Training Certificate: Project Management SAQA I.D. 50080 NQF Level: NQF Level 04 Unit Standard: 120381 Implement project administration processes according to requirements

Find out how to get project management certification and what is project management certification and learn about pmp project management when you book your seat on BOTI’s Unit Standard course: Participate in the estimation and preparation of cost budget for a project or sub project and monitor and control actual cost against budget course!  BOTI offers business training programmes across South Africa.