Cost Management and Earned Value Analysis

Cost Management and Earned Value Analysis

This course is part of Project Schedule and Cost Management Specialization

Instructor: EDUCBA

Access provided by Interbank

Gain insight into a topic and learn the fundamentals.

9 hours to complete

Flexible schedule

Learn at your own pace

Gain insight into a topic and learn the fundamentals.

9 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Apply cost management processes including cost estimation, budgeting, and cost control techniques.
Calculate and interpret EVM metrics such as CPI, SPI, CV, SV, EAC, and ETC.
Analyze project cost performance and make data-driven decisions using forecasting methods.

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

14 assignments

Taught in English

Recently updated!

June 2026

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

logos of Petrobras, TATA, Danone, Capgemini, P&G and L'Oreal

Build your subject-matter expertise

This course is part of the Project Schedule and Cost Management Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 4 modules in this course

Master PMP Cost Management and Earned Value Management (EVM) with real exam-focused examples.

Learn how to confidently solve cost-based PMP questions and apply concepts in real projects. This course provides a structured and practical approach to understanding cost management processes, including planning, estimating, budgeting, and controlling costs. You will gain hands-on expertise in EVM formulas such as CPI, SPI, CV, and SV, along with advanced forecasting techniques like EAC, ETC, and VAC. Designed for PMP aspirants and project professionals, the course simplifies complex calculations and explains concepts through real-world scenarios and exam-style questions. By the end of the course, learners will be able to analyze project performance, control budgets effectively, and make data-driven decisions. Whether you are preparing for the PMP exam or managing real-world projects, this course equips you with the tools to succeed.

Understand the core principles of cost management, including the triple constraint, cost processes, and planning frameworks required for effective project budgeting.

What's included

7 videos4 assignments

7 videosTotal 67 minutes

Introduction12 minutes
Plan Cost Management13 minutes
Plan Cost Management Sample Questions5 minutes
Estimate Costs11 minutes
Estimate Costs - Inputs, Tools and Techniques11 minutes
Estimate Costs - Tools and Techniques, Outputs9 minutes
Sample Q&A on Estimate Costs7 minutes

4 assignmentsTotal 60 minutes

Introduction to Cost Management Framework10 minutes
Planning Cost Management in Practice10 minutes
Cost Estimation Methods & Techniques10 minutes
Foundations of Cost Management30 minutes

Learn how to estimate costs, aggregate budgets, and develop cost baselines using structured PMP methodologies and tools.

What's included

4 videos3 assignments

Explore cost monitoring, variance analysis, and EVM techniques to measure and control project performance effectively.

What's included

7 videos4 assignments

7 videosTotal 70 minutes

Control Costs9 minutes
Control Costs - Inputs10 minutes
Control Costs - Tools and techniques10 minutes
Control Costs - Tools and techniques Continues10 minutes
EVM Varied Situations10 minutes
EVM - Examples, Control Costs Outputs12 minutes
Cost Management Control Costs Key Points to Rem8 minutes

4 assignmentsTotal 60 minutes

Cost Control Fundamentals10 minutes
Cost Control Tools & Techniques10 minutes
Advanced Cost Control & EVM Concepts10 minutes
Controlling Project Costs30 minutes

Master advanced EVM calculations and forecasting techniques to predict project outcomes and improve decision-making accuracy.

What's included

5 videos3 assignments

5 videosTotal 45 minutes

EVM Basics – SPI, CPI & Variance Calculation8 minutes
Schedule & Cost Performance Calculations10 minutes
Forecasting Project Budget (EAC)9 minutes
EVM Formulas & Cost Techniques10 minutes
Interpreting SPI & CPI for Scenarios8 minutes

3 assignmentsTotal 50 minutes

EVM Fundamentals and Performance Metrics10 minutes
Forecasting & Performance Interpretation10 minutes
Earned Value Management & Performance Analysis30 minutes

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.

Instructor

EDUCBA

1,533 Courses318,998 learners

Offered by

Why people choose Coursera for their career

Felipe M.

Learner since 2018

"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."

Jennifer J.

Learner since 2020

"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."

Larry W.

Learner since 2021

"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."

Chaitanya A.

"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."

Explore more from Business

EDUCBA
Master Earned Value Management: Analyze, Forecast & Control
Course
EDUCBA
Project Estimation and Cost Management
Course
Microsoft
Program Finance and Investment
Course
Pearson
PMP Certification: Unit 3
Course