A PMI Approved Training Course
Agile Project Budgeting Master Class
Course Introduction
This Agile Project Budgeting Master Class training course is designed to equip you with the knowledge and skills to effectively manage budgets in Agile projects.
In today’s fast-paced business world, organizations are increasingly adopting Agile methodologies to enhance project delivery and quickly respond to changing requirements. Traditional budgeting methods often fall short in Agile contexts due to their inability to accommodate the iterative and adaptive nature of Agile projects.
Throughout this Agile Project Budgeting Master Class training course, we will cover a range of topics, beginning with the basics of Agile project budgeting. You’ll learn about estimation techniques tailored to Agile projects and how to plan budgets based on these estimates. We’ll also explore the unique challenges of Agile contracting and vendor management, along with strategies to adapt budgets to changing project requirements. The training course will conclude by highlighting the importance of continuous improvement in Agile budgeting practices and promoting an Agile budgeting culture within your organization.
Training Objectives
By the end of this COPEX training course, participants will be able to:
- Bridge the gap between Agile project management and budgeting
- Gain a deep understanding of how to plan, track, and control project budgets in an Agile environment
- Develop estimation techniques specific to Agile projects
- Learn how to track and control Agile project budgets, ensuring transparency and effective budget management throughout the project lifecycle
Who should Attend?
This training course is suitable to a wide range of professionals but will greatly benefit:
- Project managers and team leads
- Finance managers and executives
- Business analysts
- Agile coaches and Scrum Masters
- IT professionals involved in Agile projects
- Anyone interested in learning Agile project budgeting principles and techniques
Course Outline
- Introduction to the course and overview of Agile project budgeting
- Understanding the Agile methodology and its impact on project budgeting
- Key principles of Agile project management and how they relate to budgeting
- Overview of traditional project budgeting methods and their limitations
- Agile budgeting frameworks and techniques
- Case studies and examples of Agile project budgeting in action
- Estimating project costs in an Agile environment
- Agile estimation techniques, including story points, relative sizing, and planning poker
- Determining the level of effort and complexity for Agile projects
- Building a budget plan for Agile projects, including cost breakdown and resource allocation
- Strategies for managing uncertainty and risk in Agile project budgeting
- Practical exercises and group discussions on Agile estimation and budget planning
- Monitoring and tracking Agile project budget throughout the project lifecycle
- Agile project metrics for budget control and progress evaluation
- Tools and techniques for tracking Agile project expenses and resource utilization
- Agile budget variance analysis and corrective actions
- Communicating budget status and progress to stakeholders in an Agile context
- Case studies and real-world examples of Agile project tracking and budget control
- Agile contracting models and their implications for project budgeting
- Vendor selection and negotiation in Agile projects
- Agile contract terms and conditions related to budgeting
- Managing Agile project budgets in a multi-vendor environment
- Strategies for maintaining transparency and accountability in Agile vendor management
- Best practices for Agile contract administration and budget oversight
- Adapting and adjusting Agile project budgets as project requirements change
- Budget re-forecasting and reallocation techniques in Agile projects
- Agile budget governance and decision-making processes
- Continuous improvement of Agile project budgeting practices
- Building an Agile budgeting culture within the organization
- Review of key concepts and takeaways from the course
Accreditation
Providers and Associations
Certificates
- COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.
COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.
Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.
Frequently Asked Questions
This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.
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Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.
Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.
The training course fee can be settled by either:
- Bank transfer
- Credit Card
Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.
Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.
Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.
We can customize this
training course for you!
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