PMBOK® Guide - Sixth Edition: 12-Controlling Costs (RVLS-2869)
Focus on the processes Manage Stakeholder Engagement and Control Stakeholder Engagement. You will find discussions on the purpose of those processes, their inputs, outputs, tools and techniques. You will sort through how to maintain the most effectual engagement of the needs and expectations of stakeholders, manage times when needs and expectations are not being met, and handle change or requesting changes when improvements or adjustments are recommended. Whoever the stakeholders are in your project, they must be managed and managed properly. Upon course completion, you will know what project stakeholder management is, how to manage stakeholder engagement, and control engagement throughout a project’s lifecycle.
Health, Safety and Welfare
Explain the need and reasons why the importance of value is critical to the cost management of a project. Describe why it is important to ensure that the full value of a project is recognized. Explain why it’s important for a project manager to monitor expenditures that are relevant to the value of the work accomplished
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