Advanced Project Cost Management with Power BI
Units: 0
This course is designed to provide a comprehensive understanding of project cost management, data analytics, and the application of Power BI tools for visualization. Through in-depth analysis, students will learn how to identify potential cost overruns early in the project lifecycle, employing analytical methodologies to anticipate and mitigate risks. By analyzing real-world project cases, students will build a comprehensive portfolio of skills tailored to address the challenges of cost management and data-driven decision-making in project environments. Upon completion of this course, students will be empowered to proactively identify, analyze, and mitigate cost overruns, driving project success and delivering value to stakeholders.
-Understand how capitalizing versus expensing project cost affects the income statement, balance sheet, and cash flow statement.
-Analyze case studies and real-world examples of successful and unsuccessful attempts to manage project cost overruns.
-Implement strategies to address cost overruns and deviations from the budget.
-Explore strategies for recovering from cost overruns and cost-cutting measures.
-Create interactive and dynamic project dashboards in Microsoft Excel and Power BI.
-90-723 Financial Statements and Analysis or 95-719 Accounting and Finance Analytics