MCCCD Program Description

Project Cost Management

Course: MGT243AB

First Term: 2007 Summer I

Lecture 1 Credit(s) 1 Period(s) 1 Load
Subject Type: Occupational
Load Formula: S

Description: Project cost management including resource planning cost estimation, cost budgeting, and cost control

MCCCD Official Course Competencies
1. List the types of project costs. (I) 2. Describe opportunity costs, sunk costs, committed costs, and target costing. (I) 3. Provide examples of direct and indirect costs. (I) 4. Solve a simple net present value, internal rate of return, and payback period analysis problem. (I) 5. Calculate cost of capital and labor costs for sample problems. (I) 6. List examples of parametric estimation, analogous estimation, and bottom-up estimation. (I) 7. Develop a sample project budget. (II) 8. Describe the use of contingency funds and management reserve. (II) 9. Solve a sample earned value problem. (II)
MCCCD Official Course Competencies must be coordinated with the content outline so that each major point in the outline serves one or more competencies. MCCCD faculty retains authority in determining the pedagogical approach, methodology, content sequencing, and assessment metrics for student work. Please see individual course syllabi for additional information, including specific course requirements.

MCCCD Official Course Outline
I. Project Costs A. Project Costing Fundamentals B. Cost Estimation C. Parametric estimating D. Analogous estimating E. Bottom-up estimating F. Estimation issues G. Cost management plan H. Software tools II. Budgeting A. Cost Control B. Earned Value Management C. Project Accounting Tools

MCCCD Governing Board Approval Date: 5/22/2007

All information published is subject to change without notice. Every effort has been made to ensure the accuracy of information presented, but based on the dynamic nature of the curricular process, course and program information is subject to change in order to reflect the most current information available.