Project Initiation, Costing, and Selection (Project Management Certificate Program)
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Project Initiation, Costing, and Selection teaches you how to develop essential elements required to initiate a project, including the business case and the project charter. You will learn how to use selection criteria and models to evaluate project economic returns and the project portfolio.
You will also practice using different estimating techniques that are appropriate for specific phases of the project life cycle.
Upon completion of this two-day course, participants will be able to:
- Establish the business case for your project
- Develop the needs analysis and the project charter initiating the project
- Understand how estimated project costs and risks impact the decision regarding whether or not to approve a project
- Apply cost estimation techniques for each phase of the project
- Understand the basic concepts of present value analysis and Life Cycle Costing (LCC)
- Utilize project selection models, both numeric and qualitative, to evaluate the project portfolio
Improve your project management skills, as you earn your project management certificate from the California Institute of Technology Center for Technology and Management Education. Our certificate program will help you master the critical skills of project management.
The skills you develop during the program apply to large and small projects, product design and development, construction projects, IT projects, software development, and any other project with critical performance, time, and budget targets.
The Center for Technology and Management Education of the California Institute of Technology specializes in project management. Our approach to project management education provides participants with knowledge and skills they can apply immediately.
- Program content is based on A Guide to the Project Management Body of Knowledge (PMBOK® Guide).
- Courses are developed and facilitated by Project Management Professional (PMP®) subject experts with extensive industry experience.
- Emphasis is on providing practical skills and tools supported by relevant case examples.
- Content is highly focused and courses promote maximum interaction among project management professional participants from a variety of industries.
- Each course is taught on Caltech's campus in Pasadena, California.
Who should attend
Managers, project managers, business analysts, and technical professionals wanting to improve their project management skills.