PMP Certification Training - Control Cost

The video tutorial covers the process of controlling costs in project management, focusing on monitoring project status, managing changes to the cost baseline, and using various tools and techniques. It explains inputs like the project management plan and funding requirements, and details tools such as expert judgment and data analysis. The tutorial also delves into earned value management, budget and variance analysis, and performance indexes like SPI and CPI, providing a comprehensive guide to managing project costs effectively.

What are the inputs required for controlling project costs?

What is the difference between earned value and actual cost?

What is the significance of the Estimate at Completion (EAC) in project management?

What is the formula for calculating the To Complete Performance Index (TCPI)?