QA Certificate in Budgeting and Cost Control Training in Norway

  • Learn via: Classroom
  • Duration: 1 Day
  • Level: Intermediate
  • Price: From €1,534+VAT
We can host this training at your preferred location. Contact us!

Effective project management skills are becoming increasingly important. Organisations need good project managers, at all levels, to successfully deliver the change projects that will enable the business to adapt, grow and achieve its strategic objectives. This course provides an essential overview of the core principles behind the discipline of effective budgeting and cost control principles required to deliver small-to-medium sized projects and an introduction to key documentation.
This course is suitable for managers, potential project managers, work-stream leaders or team members who wish to gain an insight into effective budgeting and cost control principles.
This 1-day budgeting and cost control certified course uses a mixture of presentation, discussion and hands-on exercises, addressing topics in a highly engaging, concise and pragmatic manner way.
NOTE: - Earned Value Management is not included in the course material or as a topic for discussion due to time constraints, for those looking for training on Earned Value Management please see the QA Certificate in Earned Value Management course.

While there are no formal prerequisites for this course, it is assumed that attendees will have a working knowledge of basic project management and scheduling practices. This may be as a result of attending other project management related courses where these are part of the course syllabus.
Pre-Course Reading
Learners are not provided with any formal pre-reading before this course as such. It is recommended that candidates review the course workbook provided with the joining instructions or via the Mimeo link.

  • Understand the language and terminology of effective project budgeting and cost control
  • Understand how a project budget is derived
  • Understand the purpose of an effective cost baseline
  • Understand the components of effective project cost control
  • Understand typical cost reporting
  • Practice understanding through application to a project scenario

This highly interactive workshop uses a short case-study to enable delegates to gain confidence in the use of proven techniques in the areas listed below. The course provides a solid foundation for further development of budgeting and cost control skills through self-reading, more advanced training and practical hands-on experience.
Business Case
The business is an integral element in the development and approval of the project based on the evidence it provides to justify the required investment. Investment appraisal is integral to developing the budget.
Planning
As in integral lead into defining the project scope, a review of this process provides the setting for effective budgeting and the governance for cost control.
Scope Management
The captured requirements form the basis of defining the scope for the project. Delegates will recap on the use of various breakdown structures resulting in the RAM and scope baseline.
Project Estimating
Various estimating techniques are investigated, along with discussion on typical estimating problems and how to enhance more effective estimating on the project and develop a realistic and credible budget.
Project Resources
Project resources contribute to the cost of project delivery and hence are integral to developing the budget.
Project Cost Management
The purpose and use of an appropriate Cost Management Plan is covered, leading to setting the budget.
Determine Budget
This module covers the budgeting process to create the cost baseline considering contingency allowances.
Cost Control
Cost control covers the key principles and elements for effective management and control of associated project costs
Integrated Change Control
Change is inevitable and to protect the cost baseline effective controls must be in place.
Cost Reporting
Many different reports are required, with a number of basic reports to inform appropriate stakeholders in place.
Project Closure
This final module considers the requirements for controlled closeout from a budgeting
Certified Budgeting and Cost Control Exam
Each learner will have the opportunity to prepare for and then take the QA Budgeting and Cost Control exam digitally.


Contact us for more detail about our trainings and for all other enquiries!

Upcoming Trainings

Join our public courses in our Norway facilities. Private class trainings will be organized at the location of your preference, according to your schedule.

Classroom / Virtual Classroom
03 september 2024
Oslo, Bergen, Trondheim
1 Day
Classroom / Virtual Classroom
04 september 2024
Oslo, Bergen, Trondheim
1 Day
Classroom / Virtual Classroom
26 september 2024
Oslo, Bergen, Trondheim
1 Day
Classroom / Virtual Classroom
26 september 2024
Oslo, Bergen, Trondheim
1 Day
Classroom / Virtual Classroom
10 oktober 2024
Oslo, Bergen, Trondheim
1 Day
Classroom / Virtual Classroom
16 oktober 2024
Oslo, Bergen, Trondheim
1 Day
Classroom / Virtual Classroom
22 oktober 2024
Oslo, Bergen, Trondheim
1 Day
Classroom / Virtual Classroom
10 november 2024
Oslo, Bergen, Trondheim
1 Day

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QA Certificate in Budgeting and Cost Control Training Course in Norway

The Nordic country Norway, is in Northern Europe. Known for its stunning natural beauty, including fjords, mountains, and forests, Norway is also famous for its high standard of living and strong social welfare system. Norway's capital and largest city is Oslo. Tromsø, Bergen, Trondheim and Stavanger are the other tourist attracting cities of Norway.

Norway is a constitutional monarchy with King Harald V as the head of state. The country has a population of 5,425,270 as of January 2022. Norway is a relatively small country and has a relatively low population density, with much of its land area covered by forests, mountains, and fjords. Despite its small size, Norway is known for its rich cultural heritage, strong economy, and stunning natural beauty, which attracts millions of visitors every year. This Nordic country is also known for its winter sports, such as skiing and snowboarding, and is a popular destination for outdoor enthusiasts.

Norway has a long history of invention and is home to numerous more top-tier tech firms and research facilities, such as; Kongsberg Gruppen, Telenor, Atea, Evry and Gjensidige Forsikring.

Due to the country's high latitude, there are large seasonal variations in daylight. From late May to late July, the sun never completely descends beneath the horizon. Which attracts many tourists around the world to see the "Land of the Midnight Sun". Tourists mainly visit Sognefjord, Norway's Largest Fjord, Pulpit Rock, one of the most photographed sites in Norway and of course the capital; Oslo.

Oslo is considered the business center of Norway. It is the country's largest city and the capital of Norway. The city is home to many of Norway's largest and most important companies, as well as several international organizations and research institutions. Additionally, the city is a popular tourist destination, known for its scenic location on the Oslo Fjord, its many museums and cultural attractions, and its vibrant nightlife and dining scene. Some of the most popular museums in Oslo are The Norwegian Museum of Cultural History, The Nobel Peace Center, The National Museum of Art, Architecture, and Design, The Munch Museum and The Vigeland Museum.
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