Mastering Project Time and Cost Management

Online

Time and cost are the two near-universal constraints organizations face when initiating and managing projects, which makes the effective supervision of these factors a required skill for any project manager. This course is for professionals who plan, manage and control projects and anyone interested in learning the latest project management tools and methods for developing and monitoring project schedules and budgets. Through an interactive, online learning environment, students will learn how to estimate activity durations, dependencies between activities, estimating resource requirements, and how to define the critical path and chain to enable you to develop a realistic project schedule. Students will also learn how to use Earned Value Management (EVM) to understand schedule and cost variances, and design recovery techniques to get projects back on track. By the end of this course, students will have the tools necessary to complete projects successfully within allocated time and costs.

Learning Outcomes

  • Estimate project activity durations and costs
  • Establish resource requirements
  • Perform network diagramming techniques, determine the critical path and critical chain
  • Determine project schedule status, schedule and cost variances
  • Apply project schedule and budget recovery techniques

Skills You Will Gain

  • Scheduling and time management
  • Cost estimation, management and budgeting
  • Earned Value Management
  • Forecasting project performance

Course Format and Pacing
This is an online course delivered through Canvas, UC Davis CPE’s learning management system. Course materials—such as video lectures, readings, assignments, and discussion forums—are accessible throughout the week. While students may have some flexibility in managing their time, the course follows a structured, week-by-week schedule with regular due dates. Most students can expect to spend approximately 10–12 hours per week engaging with course content and completing assignments.

For information on how to apply for the PMP Certification Examination and to report your PDU's go to www.pmi.org.

Academic Units
4
Section Number
253PMG652
Instruction Method
Online class

Association Credits

Project Management Institute (PMI)

Section Notes

Access to your course in Canvas will be available 7 days before the course start date. Please note that course start and end dates, as well as live sessions (if applicable), are subject to change.

Enrollment Policies

Drop requests (withdraw with a refund) will be approved, less a $30 processing fee, if the request is received before the refund deadline. Click here to view complete enrollment policy information including details on withdrawals and transfers.  
 
Refund Deadline: 1/19/2026. Refunds and/or enrollment transfers will not be approved after this date.   
 
Students enrolling after the first day of class are expected to reach out to their instructor to make sure they receive all content and are on track with the course. 

Prerequisites

None, however it is highly recommended that you take Foundations of Successful Project Management as the first course prior to taking this course (can be taken concurrently).

Technical Requirements

To ensure your success in this course, please review our technical requirements page at online learning.

Section Course Materials

Fundamentals of Project Management

ISBN
10: 0814437362 or 13: 978-0814437360
Mandatory
6th Edition is available and okay for students to use.
Edition
5th
Author
Joseph Heagney

A Guide to the Project Management Body of Knowledge (PMBOK Guide)

ISBN
978-1-62825-664-2
Optional
If you have the 6th edition, that will work for the class. No need to purchase a newer version.
Edition
7th

PMI Practice Standard for Scheduling

ISBN
1628255617
Optional
Edition
3rd

Discounts

Info Session Discount

Attendees of UC Davis Continuing and Professional Education Information Sessions may be eligible for $100 discount on a class by entering the Coupon Code provided at the Information Session.  Contact UC Davis Continuing and Professional Education Student Services office, at (800) 752-0881, if you have questions about this discount.

CAAA Member Discount

Current members of the Cal Aggie Alumni Association (CAAA) and other UC alumni associations receive 10% off the course fee of one course per quarter, not to exceed $100. If you don't have your discount code, contact CAAA at alumni@ucdavis.edu to request it.