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Budgeting and Value Management

At the start of every project, a budget will be set that will remain with the project all the way through to its completion

Photo of a piggy bank and some coins

  • Duration

    2 weeks

  • Weekly study

    3 hours
Overview
Requirements

At the start of every project, a budget will be set. It will be set when the design and definition of the project is conceptual at best - and sometimes not even that - but it will be the figure that will remain with the project all the way through to its completion, regardless of the multitude of changes that will inevitably occur during that process. Project managers and cost consultants are well aware of the adage ‘the first price is the one the client always remembers’ it is also the one that gets used to compare how well the project has done, however unfair that may seem.

Learning on this course

On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.

Who is the course for?

This course is for those enrolled on ARU’s MSc in Project Management, and is the second of five courses that make up the Management Theory program.

Who developed the course?

Anglia Ruskin University

ARU is a global university with campuses across the East of England. They are passionate about transforming lives through innovative, inclusive and entrepreneurial education and research.

  • Established

    1858

  • Location

    Cambridge, UK

  • World ranking

    Top 350Source: Times Higher Education World University Rankings 2018

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