Schedule & Cost Management - Course Description

 

 

Powerful course for the specialist, providing proven effective techniques and skills for scheduling and controlling projects.

 

 

This workshop provides participants with an in-depth knowledge, both theoretical and practical, of the essential processes required for successful Time Management, Cost Management and Resource Management as per the Project Management Institutes (PMI®) Project Management Body of Knowledge (PMBOK®).

 

Participants will begin by revisiting the fundamental building blocks of project management including the project lifecycle, project management process groups/processes and project knowledge areas. It then focuses on the critical links between the Project Charter, Requirements, Project Scope and Schedule and Cost Management. As well as addressing the hard skills of Schedule & Cost Management it integrates the essential soft skills, or art, of project management, including stakeholder management, communications, risk management and team development. It provides tools & techniques throughout the workshop designed at making the project manager pro-active and more effective as a leader.

Who Should Attend?

This is not a beginners workshop, nor is it a fast track cram course. Rather, it is designed to build on your existing fundamental skills and accelerate your learning to raise your competence to the next level.

Pre-Requisites

Participants should have a good knowledge of the basics of project management as covered in the 2-day Fundamentals of Project Management course.

Learning Outcomes

The objectives of this workshop are for each participant to be able to:

 

  • Understand the importance of the project business case in project selection
  • Identify and analyse stakeholders for more effective communications, improved requirements management and risk management
  • Understand the role of the project manager as a leader in developing and managing the project team throughout the entire project lifecycle
  • Identify & use versatile tools to facilitate setting project objectives, validating requirements and work packages and identifying stakeholders
  • Use the WBS as the central link to Scheduling and Budgeting
  • Learn advanced techniques for project duration and cost estimating
  • Learn techniques to develop and critically analyse a critical path schedule
  • Develop and manage project threats and opportunities
  • Learn to manage the project schedule using a simple forecasting technique
  • Learn advanced Earned Value techniques to improve project control