Intensive Trainings
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Project Scheduling and Cost Control
25th September 2023 - 27th September 2023
Why Choose this Training Course
This is a 3-day project scheduling training.
Develop effective measures for scheduling and controlling projects as you put the tools of project management to work. In this project scheduling training course, you’ll focus on managing the constraints you face in any project: limits on time, human resources, materials, budget and specifications. Discover proven ways to work within your identified constraints, without letting predefined limits curtail creativity or innovation.
From the opening morning, you’ll get hands-on experience, practicing your skills in building project requirements and the work breakdown structure. You’ll learn a sound, logical framework for scheduling and controlling project activities. And you’ll master techniques for estimating, forecasting, budgeting, monitoring, controlling, analyzing, and reporting costs and interpreting the meaning of earned-value data.
Individual and small-group exercises feature scenarios that help hone these skills, and a comprehensive toolkit provides practical field guidance. The course materials also include comprehensive reference materials specific to each unit of the course.
Discover a number of sophisticated tools and techniques that you can use to manage time and costs effectively on every type of project
Who Should Attend
- Project Managers
- Cost Estimators
- Individuals involved with the contractual aspect of projects
- Project finance individuals
- Anyone who wished to gain a deeper understanding of the project cost management function
Key Learning Objectives
Essential Background
- Overview of the project management life cycle
- The triple constraint
- Planning tools
- Project requirements—a review
- The work breakdown structure—a review
Resource Allocation and Estimating
- Using estimates for scheduling and cost control
- The basic rules of estimating
- Levels of estimating and estimate types
- Top-down vs. bottom-up
- Order of magnitude
- Budget
- Definitive
- Four estimating methodologies
- Identifying controllable costs
- Resource
- Material
- Direct
- Indirect
- Planning for risk with contingency
- Building the project resource pool
- Using resources to build estimates
- The responsibility matrix
- Time-controlled estimates
- Resource-limited estimates
Scheduling
- Network scheduling
- Validating schedules
- Arrow diagrams and precedence diagrams
- Basic scheduling and network calculations
- Advanced precedence relationships and the critical path
- Alternative constraints
- Gantt and milestone charts
The Baseline
- Establishing baselines
- Understanding types of baselines
- Time-phased distribution of costs
- Cumulative cost curves
Managing Change Within the Project
- The process of control
- Identifying sources of change
- Screening change
- Updating the project plan
- Communicating change
Evaluation and Forecasting
- Causes of variances
- Establishing the “data date” for evaluation
- Controlling costs and schedule late in the project
- Components of the project audit
- Considerations in establishing a monitoring system
- Earned value
- Advanced earned-value forecasting tools
The Exit Strategy
- Steps in completing the project
- Scope verification
- Contract closeout
- Administrative closure
Enquiry Form
Related Events
Why Choose this Training Course
This is a 3-day project scheduling training.
Develop effective measures for scheduling and controlling projects as you put the tools of project management to work. In this project scheduling training course, you’ll focus on managing the constraints you face in any project: limits on time, human resources, materials, budget and specifications. Discover proven ways to work within your identified constraints, without letting predefined limits curtail creativity or innovation.
From the opening morning, you’ll get hands-on experience, practicing your skills in building project requirements and the work breakdown structure. You’ll learn a sound, logical framework for scheduling and controlling project activities. And you’ll master techniques for estimating, forecasting, budgeting, monitoring, controlling, analyzing, and reporting costs and interpreting the meaning of earned-value data.
Individual and small-group exercises feature scenarios that help hone these skills, and a comprehensive toolkit provides practical field guidance. The course materials also include comprehensive reference materials specific to each unit of the course.
Discover a number of sophisticated tools and techniques that you can use to manage time and costs effectively on every type of project
Who Should Attend
- Project Managers
- Cost Estimators
- Individuals involved with the contractual aspect of projects
- Project finance individuals
- Anyone who wished to gain a deeper understanding of the project cost management function
Key Learning Objectives
Essential Background
- Overview of the project management life cycle
- The triple constraint
- Planning tools
- Project requirements—a review
- The work breakdown structure—a review
Resource Allocation and Estimating
- Using estimates for scheduling and cost control
- The basic rules of estimating
- Levels of estimating and estimate types
- Top-down vs. bottom-up
- Order of magnitude
- Budget
- Definitive
- Four estimating methodologies
- Identifying controllable costs
- Resource
- Material
- Direct
- Indirect
- Planning for risk with contingency
- Building the project resource pool
- Using resources to build estimates
- The responsibility matrix
- Time-controlled estimates
- Resource-limited estimates
Scheduling
- Network scheduling
- Validating schedules
- Arrow diagrams and precedence diagrams
- Basic scheduling and network calculations
- Advanced precedence relationships and the critical path
- Alternative constraints
- Gantt and milestone charts
The Baseline
- Establishing baselines
- Understanding types of baselines
- Time-phased distribution of costs
- Cumulative cost curves
Managing Change Within the Project
- The process of control
- Identifying sources of change
- Screening change
- Updating the project plan
- Communicating change
Evaluation and Forecasting
- Causes of variances
- Establishing the “data date” for evaluation
- Controlling costs and schedule late in the project
- Components of the project audit
- Considerations in establishing a monitoring system
- Earned value
- Advanced earned-value forecasting tools
The Exit Strategy
- Steps in completing the project
- Scope verification
- Contract closeout
- Administrative closure
Enquiry Form
Related Events
Why Choose this Training Course
This is a 3-day project scheduling training.
Develop effective measures for scheduling and controlling projects as you put the tools of project management to work. In this project scheduling training course, you’ll focus on managing the constraints you face in any project: limits on time, human resources, materials, budget and specifications. Discover proven ways to work within your identified constraints, without letting predefined limits curtail creativity or innovation.
From the opening morning, you’ll get hands-on experience, practicing your skills in building project requirements and the work breakdown structure. You’ll learn a sound, logical framework for scheduling and controlling project activities. And you’ll master techniques for estimating, forecasting, budgeting, monitoring, controlling, analyzing, and reporting costs and interpreting the meaning of earned-value data.
Individual and small-group exercises feature scenarios that help hone these skills, and a comprehensive toolkit provides practical field guidance. The course materials also include comprehensive reference materials specific to each unit of the course.
Discover a number of sophisticated tools and techniques that you can use to manage time and costs effectively on every type of project
Who Should Attend
- Project Managers
- Cost Estimators
- Individuals involved with the contractual aspect of projects
- Project finance individuals
- Anyone who wished to gain a deeper understanding of the project cost management function
Key Learning Objectives
Essential Background
- Overview of the project management life cycle
- The triple constraint
- Planning tools
- Project requirements—a review
- The work breakdown structure—a review
Resource Allocation and Estimating
- Using estimates for scheduling and cost control
- The basic rules of estimating
- Levels of estimating and estimate types
- Top-down vs. bottom-up
- Order of magnitude
- Budget
- Definitive
- Four estimating methodologies
- Identifying controllable costs
- Resource
- Material
- Direct
- Indirect
- Planning for risk with contingency
- Building the project resource pool
- Using resources to build estimates
- The responsibility matrix
- Time-controlled estimates
- Resource-limited estimates
Scheduling
- Network scheduling
- Validating schedules
- Arrow diagrams and precedence diagrams
- Basic scheduling and network calculations
- Advanced precedence relationships and the critical path
- Alternative constraints
- Gantt and milestone charts
The Baseline
- Establishing baselines
- Understanding types of baselines
- Time-phased distribution of costs
- Cumulative cost curves
Managing Change Within the Project
- The process of control
- Identifying sources of change
- Screening change
- Updating the project plan
- Communicating change
Evaluation and Forecasting
- Causes of variances
- Establishing the “data date” for evaluation
- Controlling costs and schedule late in the project
- Components of the project audit
- Considerations in establishing a monitoring system
- Earned value
- Advanced earned-value forecasting tools
The Exit Strategy
- Steps in completing the project
- Scope verification
- Contract closeout
- Administrative closure
Enquiry Form
Related Events
Why Choose this Training Course
This is a 3-day project scheduling training.
Develop effective measures for scheduling and controlling projects as you put the tools of project management to work. In this project scheduling training course, you’ll focus on managing the constraints you face in any project: limits on time, human resources, materials, budget and specifications. Discover proven ways to work within your identified constraints, without letting predefined limits curtail creativity or innovation.
From the opening morning, you’ll get hands-on experience, practicing your skills in building project requirements and the work breakdown structure. You’ll learn a sound, logical framework for scheduling and controlling project activities. And you’ll master techniques for estimating, forecasting, budgeting, monitoring, controlling, analyzing, and reporting costs and interpreting the meaning of earned-value data.
Individual and small-group exercises feature scenarios that help hone these skills, and a comprehensive toolkit provides practical field guidance. The course materials also include comprehensive reference materials specific to each unit of the course.
Discover a number of sophisticated tools and techniques that you can use to manage time and costs effectively on every type of project
Who Should Attend
- Project Managers
- Cost Estimators
- Individuals involved with the contractual aspect of projects
- Project finance individuals
- Anyone who wished to gain a deeper understanding of the project cost management function
Key Learning Objectives
Essential Background
- Overview of the project management life cycle
- The triple constraint
- Planning tools
- Project requirements—a review
- The work breakdown structure—a review
Resource Allocation and Estimating
- Using estimates for scheduling and cost control
- The basic rules of estimating
- Levels of estimating and estimate types
- Top-down vs. bottom-up
- Order of magnitude
- Budget
- Definitive
- Four estimating methodologies
- Identifying controllable costs
- Resource
- Material
- Direct
- Indirect
- Planning for risk with contingency
- Building the project resource pool
- Using resources to build estimates
- The responsibility matrix
- Time-controlled estimates
- Resource-limited estimates
Scheduling
- Network scheduling
- Validating schedules
- Arrow diagrams and precedence diagrams
- Basic scheduling and network calculations
- Advanced precedence relationships and the critical path
- Alternative constraints
- Gantt and milestone charts
The Baseline
- Establishing baselines
- Understanding types of baselines
- Time-phased distribution of costs
- Cumulative cost curves
Managing Change Within the Project
- The process of control
- Identifying sources of change
- Screening change
- Updating the project plan
- Communicating change
Evaluation and Forecasting
- Causes of variances
- Establishing the “data date” for evaluation
- Controlling costs and schedule late in the project
- Components of the project audit
- Considerations in establishing a monitoring system
- Earned value
- Advanced earned-value forecasting tools
The Exit Strategy
- Steps in completing the project
- Scope verification
- Contract closeout
- Administrative closure