Project Management Unit of Competencies BSBPMG533

BSBPMG533 - Manage project cost

Learn to plan, monitor, and control project costs effectively. Build skills in budgeting, cost tracking, and financial strategy, empowering you to manage risk and maximise value across the project lifecycle.

40-60 Hrs (Self-paced)

estimated duration

100% Online

learning mode

Start anytime

modality

Assessments

Quizzes Case studies Written assignments Real-world scenario tasks
Info

This accredited course leads to a Statement of Attainment for BSBPMG533 - Manage project cost, issued by South Sydney College (RTO Code: 45279).

Note: All assessments are aligned with the requirements of BSBPMG533 and reflect real contract performance management practices.

BSBPMG533 - Manage project cost

$330.00

Pay Per Course

Discounted full fee or Monthly payment option available
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What You'll Learn?

  • Identify key cost factors influencing project performance.

  • Apply cost estimation methods like expert judgement, parametric, and analogous estimating.

  • Create and manage project budgets aligned to organisational needs.

  • Track financial performance using earned value analysis and variance reporting.

  • Apply cost control techniques and contingency planning for dynamic project environments.

  • Develop financial documentation and reporting that meets stakeholder and audit requirements.

Additional Learning Benefits

  • Courses like this one can contribute to university credit and industry certifications.

  • Many ICT units align with CompTIA certification, offering clear pathways to global recognition.

Topics Covered

  • Project Budgeting
    Estimation Methods WBS Financial Planning
  • Cost Monitoring and Control
    EVM Variance Analysis Cost Reporting Tools
  • Financial Closure
    Cost Reconciliation Audit Compliance Lessons Learned

Learning Outcomes

By the end of this course, you'll be able to:

  • Build and justify accurate project budgets using structured estimation techniques.

  • Monitor project costs using industry tools such as Earned Value Management.

  • Identify and manage cost variances before they escalate.

  • Apply financial control methods that support transparency and accountability.

  • Drive better project outcomes through improved financial planning and cost optimisation.

Learning Pathway

SSC Online provides a flexible learning journey designed to support your goals—whether you’re upskilling, pursuing formal qualifications, or preparing for university or industry certification.

1
 

Start Here

Essential / Premium Plan: Build your knowledge and skills with flexible, self-paced learning. Access up to 100 microlearnings across high-demand fields like business, IT, project management, and cyber security.

2
 

Complete the Learning Pathway

Microlearnings: Finish all microlearnings in this pathway to build practical skills and prepare for the accredited unit.

3
 

Go Further

Accredited Units (available via Professional Plan or pay-per-certification). Complete formal assessments to earn a Statement of Attainment for nationally recognized units of competency.

4
 

Unlock More

Full Qualifications: Stack your accredited units to progress toward a full nationally recognised qualification.

5

Your Future Pathways

After completing full qualifications or selected accredited units, you can::

  • Gain credit transfer to Australian universities toward a bachelor's degree (selected units only).
  • Sit for industry-recognised certification exams (e.g., CompTIA, Azure, AWS, and others) in selected ICT units only.
  • Enhance your employability skills with industry-ready credentials.

*Credit transfer and certification opportunities are available for selected units only.

Certificates Included

Australian Accredited Certification (AQF Certificate)

(Available through formal qualification pathway - Professional Track)

Statement of Attainment for accredited unit

(Unlock when you add Accredited Certification or Professional Track)

SkillX Professional Certificate

(Essential & Premium)

Related Courses

BSBPMG533 - Manage project cost

$330.00

Pay Per Course

Discounted full fee or Monthly payment option available
Get This Course Now

Do you have a SkillX code? Apply below or during checkout.

NOT READY FOR THE PROFESSIONAL CERTIFICATION YET?

Get the same learning content in our Subscription, plus access to 100s of other short courses. Start with Subscription. Upgrade to Professional when you are ready.