Project Cost Estimation & Budgeting—Gain Control Over Project Finances

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Project Budgeting & Cost Estimation—Build Confidence in Financial Planning

Accurate cost estimation and effective budgeting are at the heart of successful project management. This hands-on program helps professionals master the critical skills required to forecast, track, and manage project costs with confidence.

Whether you’re preparing for a PMP certification, managing real-time projects, or aiming to upskill your project team, this program will empower you with the tools and techniques to control financial risks and ensure project success.

What’s Included in the Project Cost Estimation & Budgeting Program?

Cost Estimation Techniques—Know the True Cost of Your Project

Learn how to create reliable project cost estimates using proven tools and methods:

🔹 Analogous, Parametric, Bottom-up, and Three-point Estimating
🔹 Expert Judgment & Historical Data Use
🔹 Estimation Templates for Time & Material Projects
🔹 Case exercises in both predictive and agile environments


Budgeting & Cost Baseline—Establish Financial Control

Learn to create a cost baseline and build a working budget aligned with scope and schedule:

🔹 Budget Breakdown Structures (BBS)
🔹 Cost aggregation and reserve analysis
🔹 Funding Limit Reconciliation
🔹 Developing a cost baseline


Earned Value Management (EVM)—Monitor Budget Performance

Master the core concepts of EVM to track the financial health of projects:

🔹 Understanding PV, EV, AC, CV, SV, CPI, SPI
🔹 Forecasting using EAC and ETC
🔹 Interpreting project financial performance
🔹 EVM tools and dashboard walkthroughs

Why Choose AIG’s Project Cost Estimation & Budgeting Program?

Expert-Led Curriculum
Designed by certified PMP® and PRINCE2® practitioners with real-world budgeting experience.

Hands-On Financial Templates
Learn to use tools and templates that you can apply directly in your organization.

Job-Focused Skills
Ideal for project managers, coordinators, analysts, and finance leads.

Self-Paced + Instructor Support
Learn at your convenience with guidance from seasoned mentors.

Practical, Action-Based Learning
Solve real-life budgeting problems in class and simulate project cost reviews.

What You’ll Learn

  • Accurately estimate project costs using proven models

  • Develop cost baselines and allocate budgets effectively

  • Monitor project performance using EVM and other KPIs

  • Understand cost risks and incorporate reserves smartly

  • Align cost with scope and schedule for better control

Who Should Enroll?

  • Project Managers & Coordinators

  • PMP / CAPM / PRINCE2 Aspirants

  • Project Finance or Cost Controllers

  • Quality & Planning Engineers

  • Professionals involved in scope-cost-time control

Program Features

100% Online & Self-Paced
Learn anytime, anywhere with lifetime access.

Downloadable Templates & Tools
Cost estimation spreadsheets, EVM dashboards, and budgeting formats.

Real-World Case Studies
Practical budgeting examples from construction, IT, and manufacturing.

Dual Language Option – English & Hinglish
Content delivered in both languages for wider accessibility.

Certificate of Completion from AIG
Receive an industry-recognized certificate to showcase your project cost skills.

Lifetime Access to AIG Community Forum

Who Should Attend AIG's Program?

Key Features of Project Cost Estimation & Budgeting Program

Classroom Training

60 hours of high quality Instructor led training.

Hands on training on Data Analysis

Hands on training on Data Analysis using Minitab and live project data.

Lean Six Sigma Project

Mentor 5 Six Sigma projects to enable certification.

Get trained by Experts

At AIG get trained on lean six sigma master black belt by practicing Master Black Belts.

Flexible Class Timing

Classes at AIG can be planned as per your availability. You can attend classes in multiple of 2 hours i.e. classes can be arranged for 2,4,6,8 hours.

Flexible Payment and EMI options

You can pay your fee in installments or we can help setup EMI from the bank.

IT Driven relationship mgmt

We use Technology to make our relationship more transparent and accountable. You can download our Android App for ease.

Rich Knowledge Content made available

Get access to 100s of completed lean six sigma projects, articles and participate in discussions with industry experts.

Placement Assistance

We provide support to help you get placed. We help with interview preparation, resume building and alumni network for placement.

This course includes:

₹15,999

It’s a practical training designed for professionals who want to estimate costs, build budgets, and manage project finances confidently using industry best practices.

No, this course is beginner-friendly, though basic familiarity with projects is helpful.

100% online, self-paced modules with optional live support sessions.

You get downloadable Excel templates for estimation, budgeting, and EVM dashboards.

Yes, upon course completion, you’ll receive a certificate from AIG.

Course Advisor

Neha Sharma

Neha Sharma

Lean Six Sigma Consultant

Neha Sharma, a certified MBB, PMP and LA for several ISO Standards has had experience of training greater than 1000 Six Sigma Professionals for Black Belt and Green Belt programs. She has helped several firms with success change implementations.

Pranay Kr

Pranay Kumar

LSS MBB, LA ISO 9001, 27001, 14001, 45001, 20000-1, 22301. 22001. IATF, 31000, ITIL Practioner, Prince2 Practioner, Scrum Master Etc.

CEO and Principal Consultant @AIG, Pranay has had an illustrious career of over 2.5 decades helping companies become profitable and organized. He has been instrumental in the setup of Management Systems, Lean Six Sigma Implementation, Project Mgmt framework, etc. He has mentored more than 20000 professionals in Lean Six Sigma, ISO Standards, Project Management, Digital Transformation, etc.