Schedule & Cost Management - Course Content
1. Overview of Project Fundamentals
- Review the foundations of project management including the 5 process groups and the project management life cycle
- Review the business focus of the project
2. Building a Winning Team
Stakeholder Management
- Learn how to perform stakeholder identification and analysis to ensure all stakeholders are included
- Learn how to use your stakeholder analysis as the basis for communications planning
Leadership
- Learn the basic stages in the development of every team and how to apply the appropriate management style to ensure optimal performance of every member of the team
Resource Management
- Learn the essential techniques and tools for setting team roles and responsibilities and gaining commitment
3. Project Scheduling
Project Scope Management
- Learn how to use the project definition and requirements to develop a complete deliverables based Work Breakdown Structure (WBS) to facilitate project schedule development, risk identification, procurement planning and manage project scope
Developing a Schedule
- Learn how to develop a critical path schedule directly from the WBS
- Learn how to critically review the integrity of your schedule to avoid inaccurate baselines
- Learn how to identify and use schedule float to manage your resources more effectively
Estimation
- Learn a number of techniques for greater confidence in your estimates
- Learn how to apply the PERT estimation technique in complex projects where accuracy is essential
Resource Levelling
- Understand the principles and techniques of schedule resource levelling to effectively use project float to minimise project resources to meet schedule objective
Schedule Acceleration
- Learn two techniques to reduce schedule duration
- Understand the risk and cost implications when choosing an acceleration approach
Risk Management
- Understand where risk fits into the project life cycle for more effective cost management
- Learn and the basics of managing project risks in a standardised and structured approach to proactively manage your projects
Cost Development
- Utilise your schedule and bill of materials to develop a cost estimate
- Learn a number of techniques to assist in the development of the budget
Project Baseline
- Learn how to develop the project baseline to effectively set stakeholder expectations and manage your project
4. Monitoring and Controlling the Baseline
Monitoring and Evaluation
- Learn the difference between monitoring and evaluating and the appropriate times to do each
- Learn techniques to manage the expectations of the stakeholders
Change Management
- Learn a proven process to manage suggested changes to the requirements, scope, cost and time
- Learn how to develop a comprehensive impact analysis plan to manage potential changes
Reporting
- Learn what is required to be reported on and to whom
- Learn how to hold short, concise and effective meetings
Schedule and Cost Status and Trend Analysis Forecasting
- Learn how to effectively track the status of your schedule
- Learn the importance of, an dhow to keep your schedule and risk plan up to date
- Learn how to evaluate variances in your schedule, as well as forecast potential time and cost outcomes using Earned Value.
5. Scope and Budget Closeout
Close out of Scope
- Understand the importance of, and learn a comprehensive process to close out the scope with the team and the stakeholders
- Learn how to use the requirements documents to effectively manage the clients expectations at close out
Close out of Budget
- Learn an effective budget close out process
- Understand the importance of closing out the budget
