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Project Scheduling and Cost Control

  /    /  Project Scheduling and Cost Control

Projects fail most often because of poorly written or misinterpreted requirements. But once a project is begun, controlling schedule and cost is the most difficult aspect of the project manager’s job. This course will describe requirements and requirement analysis, but also it will discuss how to incorporate these requirements into a project plan and how to set up and implement a monitoring and control system to ensure that projects are successfully completed on time and on budget.

At the end of the course delegates will have a better understanding of:

  • Understanding schedule and cost control and their need
  • Identifying project requirements and its types
  • Familiarizing with the statement of work format
  • Applying the work breakdown structure models
  • Translating the work breakdown structure into the plan
  • Using and interpreting network diagrams
  • Using estimating tools and techniques
  • Monitoring and controlling the project
  • Applying earned value
  • Interpreting earned value analysis
  • Understanding project change control and change control management

Introduction 

What is Schedule and Cost Control? – Directing Progress, Directing Actions, Controlling

  • Results, Conserving Resources
  • Identifying Project Requirements

Determining Whether to Pursue a Project

  • Work Breakdown Structure and Baseline Development

The Baseline: Technical, Cost, Schedule, Performance Measurement

  • Scheduling
  • Cost Categories
  • Estimating and Budgeting Determination
  • Planning the Project
  • The Implementation Phase
  • Monitoring and Control
  • The Project Change Process
Course Overview

Projects fail most often because of poorly written or misinterpreted requirements. But once a project is begun, controlling schedule and cost is the most difficult aspect of the project manager’s job. This course will describe requirements and requirement analysis, but also it will discuss how to incorporate these requirements into a project plan and how to set up and implement a monitoring and control system to ensure that projects are successfully completed on time and on budget.

Course Objectives

At the end of the course delegates will have a better understanding of:

  • Understanding schedule and cost control and their need
  • Identifying project requirements and its types
  • Familiarizing with the statement of work format
  • Applying the work breakdown structure models
  • Translating the work breakdown structure into the plan
  • Using and interpreting network diagrams
  • Using estimating tools and techniques
  • Monitoring and controlling the project
  • Applying earned value
  • Interpreting earned value analysis
  • Understanding project change control and change control management
Course Outline

Introduction 

What is Schedule and Cost Control? – Directing Progress, Directing Actions, Controlling

  • Results, Conserving Resources
  • Identifying Project Requirements

Determining Whether to Pursue a Project

  • Work Breakdown Structure and Baseline Development

The Baseline: Technical, Cost, Schedule, Performance Measurement

  • Scheduling
  • Cost Categories
  • Estimating and Budgeting Determination
  • Planning the Project
  • The Implementation Phase
  • Monitoring and Control
  • The Project Change Process

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