Project Management for Engineers: Cost

Online /
Feb 26, 2021 /
Course Code: 0226-WEB21

  • Overview
  • Instructor



This webinar is part of a three-part Web Series: Project Management for Engineers: Scope, Time, and Cost. You can register for any one of these courses or register for the series and save 20%. The topics in this series include:

After Participating in this course, you will be able to:

  • Understand the theory behind Project Cost Management (as defined by the Project Management Institute's PMBOK® Guide)
  • Apply your learnt planning techniques to create a Cost Performance Baseline/Cost Budget
  • Utilize your learnings on future work projects

This webinar provides the basic concepts and functions of project cost management, including planning cost management; estimating costs; planning resources; and determining the baseline cost or budget. An active case study is used throughout the two days to reinforce the taught concepts.

Project Management for Engineers: Cost is the third of the three-part Web Series: Project Management for Engineers: Scope, Time and Cost. In this series, we will cover the basic concepts and functions of project management planning, including scope management, time management (scheduling) and cost management (budgeting). By attending all three webinars, you will gain a basic understanding of three of the knowledge areas from the Project Management Body of Knowledge (PMBOK® Guide) as defined by the Project Management Institute (PMI).

Please note: It is strongly recommended that you take all three courses to gain a full understanding of project planning. The second and third webinars (Time and Cost) require knowledge of the concepts and theory covered in the first webinar (Scope).

Course Outline:

  • Definition of Project Cost Management
  • Techniques for the creation of a Cost Performance Baseline/Cost Budget
  • Overview of main planning tasks
  • Apply the teachings to one case study within the virtual classroom
  • Demonstration of theory using basic budgeting techniques on case study

Who Should Attend:
Engineers • EITs • Project Engineers and Managers • Project Coordinators and Leads • Managers • Planners • Project Scientists • Business Owners

Time: 12:00 PM - 2:00 PM Eastern Time

Please note: You can check other time zones here.

System Requirements

Training will be delivered via GoToWebinar

PC-based attendees
OS: Windows XP, 2003 Server, Vista, 7, 8, 10
Internet Explorer 7.0 or newer
Mozilla Firefox 4.0 or newer
Google Chrome 5.0 or newer

Macintosh based attendees
OS: Mac OS X 10.6 (Snow Leopard), 10.7 (Lion), 10.8 (Mountain Lion) or newer
Safari 3.0 or newer
Mozilla Firefox 4.0 or newer
Google Chrome 5.0 or newer

iPad 1 or newer, iPhone 3GS or newer, iPod Touch (3rd generation) or newer
OS: iOS 6 or newer

OS: Android 2.2 or higher


Unnati Patel

Unnati Patel has over 25 years of business management experience at senior executive levels within multi-national corporations with a focus in the Aerospace industry.
She has a proven track record of management of $10-$60M+ businesses and/or projects. She has technology, project and people management experience within Aerospace/high technology industry at SPAR Aerospace Ltd.; Honeywell Aerospace; General Electric (GE); and Pratt & Whitney Canada. She has been responsible for end-to-end program management and leadership for multiple products (both commercial and military applications within the Aerospace Industry.

She also has technical/production management experience within commercial/manufacturing industries at unionized FORD motor company and a non-unionized environment at Procter & Gamble (P&G). Her education includes a bachelor’s degree in Electrical Engineering from University of Toronto as well as an MBA from Heriot-Watt University.


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Course Rating
3.8 out of 5

Overall rating of this course by its previous attendees!

Fee & Credits

$145 + taxes

  • 0.2 Continuing Education Units (CEUs)
  • 2 Professional Development Hours (PDHs)
  • ECAA Annual Professional Development Points

Group Training
This course can be customized and delivered to your group of staff at your facility, saving time and money.
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