MA6083 Project Budget and Cost Management

Course Provider

School of Mechanical and Aerospace Engineering (MAE)

Certification

Continuing Education and Training Certificate

Academic Unit

3

Introduction

This course introduces concepts of project cost management and budget control and aims to develop a comprehensive understanding of how principles, methods, and tools of the management of project costing, budget management and cost control are applied in the management of projects. This course places project cost and budget controls, as the core of the project management process and ensures that students understand and apply appropriate techniques to estimate project cost and control the budget and resources of the overall project.

This course is part of:

- Graduate Certificate in Project Management 
- FlexiMasters in Project Management 
- Master of Science (Project Management)

Download Learning Pathway e-Guide



Course Availability

  • Date(s): 15 Aug 2024 to 13 Dec 2024

    Time: 6.45pm - 9.45pm

    Venue: NTU Main Campus

    Registration is closed.

The course aims to enable students to understand the application of the concepts such as planning the cost management process, different costing techniques, time-based budget preparation and project cost control. One of the key objectives is for students to deliberate the ways students can use and apply this course knowledge to enhance students' organizational experiences. This is achieved by the application based assignments and exercises, that can be used to enrich students' learning experience of Project Budget and Cost Management.

To meet the requirement of SkillsFuture Singapore, assessment(s) will be conducted during every course. The assessment(s) include:

  • Individual Assignments
  • Group Assignment & Presentation

Executives/Managers (Project Financing), Project Engineers, Project Managers, Software Development Managers, Business Analysts and/or Non-managers who desire to move to Project Management Related roles.

Learners are strongly recommended to complete MA6081 Fundamentals of Project Management and MA6082 Management of Project Plan, Schedule and Resources as pre-requisites.

Brief screening/shortlist of applicants involved in this course.

Standard Course Fee: S$3924

SSG Funding Support

 Course fee

Course fee payable after SSG funding, if eligible under various schemes

 

BEFORE funding & GST

AFTER funding & 9% GST

Singapore Citizens (SCs) and Permanent Residents (PRs) (Up to 70% funding)

S$3,600

S$1,177.20

Enhanced Training Support for SMEs (ETSS)

S$457.20

SCs aged ≥ 40 years old
SkillsFuture Mid-career Enhanced Subsidy (MCES)
(Up to 90% funding)

  • Standard course fee is inclusive of GST.
  • NTU/NIE alumni may utilise their $1,600 Alumni Course Credits. Click here for more information.

 

Read more about funding

Assoc Prof Sivakumar Appa Iyer

Dr. Sivakumar is an Associate Professor in the School of Mechanical and Aerospace Engineering (MAE) at the Nanyang Technological University, Singapore and a Faculty Fellow of Singapore - Massachusetts Institute of Technology (MIT) Alliance (SMA-MST programme). He was at Gintic Institute of Manufacturing Technology, Singapore prior to this appointment.

He has many years of industrial and research experience in the UK prior to the post in Singapore in 1993. He received a Bachelors of Engineering in Manufacturing Systems Engineering and a PhD in Manufacturing Systems Engineering from University of Bradford, UK. He has made many contributions at international conferences and journals (over 48 international journal papers and over 66 international conference proceedings papers, one Book on Management Research Methodology). He has trained and supervised a number of PhD students (7 graduated PhD students) and many Master’s level students. He leads a research group in Operations Research which focuses on the area of in Manufacturing Systems and Health Systems.

Dr. Sivakumar currently serves as the Director of the NTU Undergraduate Research Experience on CAmpus (URECA) programme (http://www.ntu.edu.sg/ureca/). Dr. Sivakumar was formerly the Associate Chair Graduate Studies School at the School of Mechanical and Aerospace Engineering, NTU from 2009-2012 and the Chairman of the school’s Engineering Innovation and Design (EID) programme from 2002-2008.
COURSE TITLEACADEMIC UNIT
MA6081 Fundamentals of Project Management3
MA6082 Management of Project Plan, Schedule and Resources3
MA6084 Procurement and Contract Management in Projects3
MA6085 Organization Culture and Leadership in Projects3

Listed courses are:

  • Credit-bearing and stackable to Graduate Certificate in Project Management (9 AU), FlexiMasters in Project Management (15 AU) and Master of Science in Project Management (30 AU).
  • SkillsFuture Credit approved.