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Professional training course · PM-026

Project Cost Management and Budgeting

Cost overruns are among the most common project failures. Project managers need practical skills to estimate, budget, control and forecast project costs. This LLMI course…

  • 5 daysClassroom or online
  • 13Upcoming dates
  • 7Cities
  • £2,750Fees from
View dates & register Get quotation Download PDF
Project Cost Management and Budgeting
Next classroom session Paris 14 - 18 Dec 2026 · £3,250 Next in London London 18 - 22 Jan 2027 · £2,750

Course overview

Why Attend

Cost overruns are among the most common project failures. Project managers need practical skills to estimate, budget, control and forecast project costs.

This LLMI course covers cost estimating methods, building project budgets, contingency and reserves, cost baselines, tracking actual costs, earned value basics, forecasting and cost reporting. Participants build and control a project budget.

Course Objectives

Apply project cost estimating methods

Build project budgets and baselines

Set contingency and management reserves

Track and analyse costs

Use earned value basics to monitor performance

Forecast and report project costs

Target Audience

Project managers

Project control staff

Finance business partners

Programme managers

Engineers managing budgets

PMO staff

Course Methodology

Practical exercises

Spreadsheet tools

Case studies

Group discussions

Reviews

Course outline

  1. 1Day 1: Cost Management Basics
    • Cost management processes
    • Cost types
    • Life cycle cost
    • Roles
    • Exercise: Cost categories
  2. 2Day 2: Estimating
    • Estimating methods
    • Bottom-up estimates
    • Parametric estimates
    • Accuracy
    • Lab: Building an estimate
  3. 3Day 3: Budgets and Reserves
    • Budget aggregation
    • Contingency
    • Management reserve
    • Cost baseline
    • Workshop: Project budget
  4. 4Day 4: Cost Control
    • Tracking costs
    • Variance analysis
    • Earned value basics
    • Change control
    • Lab: Cost tracking
  5. 5Day 5: Forecasting and Reporting
    • Forecasting
    • Cost reports
    • Stakeholder communication
    • Lessons learned
    • Capstone: Cost management plan

Schedule

Dates and fees

13 upcoming dates in 7 cities. Fees are per delegate; bring colleagues and every seat is discounted. Every date can also be joined live online for £1,280.

All dates as PDF
December 2026
14DEC 14 - 18 Dec 2026Mon to Fri · 5 daysNext session
France flag ParisFrance · Classroom
£3,250per delegate2+ people: £2,600 each
Register
January 2027
18JAN 18 - 22 Jan 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£2,750per delegate2+ people: £2,200 each
Register
February 2027
15FEB 15 - 19 Feb 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
Register
March 2027
15MAR 15 - 19 Mar 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£2,750per delegate2+ people: £2,200 each
Register
April 2027
19APR 19 - 23 Apr 2027Mon to Fri · 5 days
Turkey flag IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
Register
May 2027
17MAY 17 - 21 May 2027Mon to Fri · 5 days
Austria flag ViennaAustria · Classroom
£4,250per delegate2+ people: £3,400 each
Register
June 2027
21JUN 21 - 25 Jun 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
Register
July 2027
19JUL 19 - 23 Jul 2027Mon to Fri · 5 days
South Africa flag Cape TownSouth Africa · Classroom
£2,840per delegate2+ people: £2,272 each
Register
August 2027
16AUG 16 - 20 Aug 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£2,750per delegate2+ people: £2,200 each
Register
September 2027
20SEP 20 - 24 Sep 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
Register
October 2027
18OCT 18 - 22 Oct 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£2,750per delegate2+ people: £2,200 each
Register
November 2027
15NOV 15 - 19 Nov 2027Mon to Fri · 5 days
Turkey flag IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
Register
December 2027
20DEC 20 - 24 Dec 2027Mon to Fri · 5 days
Austria flag ViennaAustria · Classroom
£4,250per delegate2+ people: £3,400 each
Register

Questions

Frequently asked questions

How long is the Project Cost Management and Budgeting course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Project Cost Management and Budgeting course?

The next public date is 14 - 18 Dec 2026 in Paris. There are 13 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Paris, London, Amsterdam, Istanbul, Vienna, Barcelona, Cape Town.

Can I take Project Cost Management and Budgeting online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,280 per participant. Choose "Live online" in the dates table when you register.

How much does the course cost?

Fees start from £2,750 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

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