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Project Management SkillsPLANNING SCHEDULING AND COST ESTIMATING OVERVIEW
Planning,Schedule and Cost Estimating skills will enable delegates to get there project schedule and budget done right and quantify progress through earned value analysis.
Learn the skills you need to effectively establish and manage a realistic schedule and detailed budget. Through hands-on exercises, you’ll learn to develop a work breakdown schedule, grasp diagramming techniques, identify task relationships, determine the critical path, employ estimating techniques, and analyze resource utilization.
Once the project schedule is complete, you’ll create a budget that includes all direct and indirect costs associated with the project. Learn the importance of baselining project schedules and budgets to make reporting and tracking progress easier. Understand how to use earned value analysis and other reporting techniques to ensure that your project progress is clearly identified and communicated to stakeholders. Create schedule and cost management plans, and control changes through an integrated change management process. You’ll learn to use a variety of tools that will ensure that your project is delivered on time and within budget.
PLANNING SCHEDULING AND COST ESTIMATING OBJECTIVES
What You’ll Learn
- Develop a work breakdown structure
- Create a network diagram
- Identify the critical path
- Estimating techniques
- Finalize your project schedule
- Types of cost and expenditures
- Develop a budget
- Report progress through earned value analysis
Course Outlines
1. Introduction to Project Planning, Schedule and Cost Management
Project Management
Program Management
Essential Schedule and Cost Terminology
Project Constraints
Project Charter
2. Scope and Schedule Development
Scope Planning
Scope Definition
Scope Decomposition
Schedule Development
Building the Project Network Diagram
Critical Chain
Application of Critical Chain
Critical Chain vs. Critical Path
Developing a Gantt Chart
Schedule Considerations
Schedule Compression
Contingency Reserves and the Project Schedule
3. Resource Planning
Resource Planning Considerations
Estimating Activity Resources
Planning and Loading Resources
Identifying Roles and Responsibilities
Loading Resources
Leveling Resources
4. Cost Planning
Cost Management Plan
Categorizing Costs
Cost Estimating for Projects
Common Eliminating Techniques
Additional Estimating Techniques
Compensation
Cost Accounting and Budgeting
Corporate Accounting: The General Ledger
Project Cost Estimating
Summarizing the Differences
Project Budgets
Budgeting Responsibilities
Steps to a General Budget
5. Controlling the Schedule and Budget
Creating a Baseline Plan
Establishing Baselines
Types of Baselines
The Project Baseline
Establishing Project Milestones
Milestone Chart
Developing a Project Control Process
Guidelines for Project Control
Performance Measures
Tools for Project Control
The Earned Value Method of Project Management
Looking at Current Project Status with Earned Value
Looking Forward with Earned Value
Earned Value Management in Practice
Strategies and Processes for Project Control
Status Review Meetings
Managing Project Change
Change Control
Change Control Process
Additional Tools for Managing Control of the Project
Other Project Change Considerations
Why Projects Are Late and Over Budget
Who Should Attend?
Team members,Associate project managers, project managers, IT project managers, project coordinators, project analysts, project leaders, senior project managers, team leaders, product managers, and program managers.
Course Enquiry and Booking
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The faculty demonstrates expertise in project management; it is good to learn from experts. `
AKIMBOBOLA AYODEJI
TRANSACTION OFFICER ,SKYE BANKA very impactful program, for individuals that desire change in career & new challenges.
Henry Okoye
ACCESS BANKJK Michaels has competent, passionate & experienced personnel who have provided me with tools for my new leadership role in CHANGE MANAGEMENT.
FAKOYA VICTOR
NETCOIt is good to know that there is a place like this ,I will let others know of it, you are really doing an excellent job well done.