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Budget is key to controlling a project's outcome-and one of the 10 foundational knowledge areas of the Project Management Body of Knowledge. In this course, designed for project management professionals and other leads who need to get a handle on their costs, author and PMP® Bob McGannon shows you how to manage your project's budget. Explore fundamentals such as the work breakdown structure, costing standards, and capital vs. operating costs. Then learn how to build, manage, and monitor a project budget. Plus, get practical tips on recovering from overruns and dealing with scope changes. Note: This course follows the latest guidance from Project Management Institute, Inc., as outlined the PMBOK® 6 Guide.