BSBPMG533 develops the skills and knowledge required to apply Manage project cost in a project management or workplace leadership context.
Learners work through structured learning materials, applied examples, knowledge checks and assessment activities that connect the unit requirements with realistic workplace practice.
What learners will cover
- Topic 1.1 Identify Resource Requirements
- Topic 1.2 Estimate Project Costs
- Topic 1.3 Develop Project Budget
- Topic 1.4 Develop Cost Management Plan
- Topic 2.1 Monitor Expenditure Against Budget
- Topic 2.2 Cost Variations and Alternative Actions
- Topic 2.3 Maintain Financial Objectives
- Topic 2.4 Provide Financial Reports
- Topic 3.1 Financial Completion
- Topic 3.2 Review Project Outcomes
Learning approach
This subject combines presentation-based learning, guided knowledge checks and assessment tasks. Learners are encouraged to connect each topic with project planning, stakeholder communication, risk management, governance and continuous improvement practices where relevant.
Expected outcome
By the end of this subject, learners should be able to explain key concepts, apply relevant procedures, and demonstrate the practical judgement required for assessment in an Australian vocational education context.