Project Schedule and Cost Control

Course Type: Instructor Led
Estimated Time of Completion: 3 days
Language: English

Description:
Identify and understand effective measures for scheduling and controlling projects as you put the tools and techniques of project management to work. You'll focus on managing the constraints you face in any project: limits on time, human resources, materials, budget, and specifications. Identify proven ways to work within your constraints, without letting predefined limits curtail creativity or innovation. Discover a number of sophisticated tools and techniques that you can use to manage time and costs effectively on every type of project. Learn about network diagramming, estimating tools, earned value, and more! This is the nuts and bolts and very project manager's job.

Objectives:

Upon completion, the participant will be able to:

• Essential Review
• Identify the role of project management in a project.
• Identify the project life cycle processes.
• Identify what is done during each process.
• Identify the 9 knowledge areas of project management.
• Understand how the processes overlap.
• Project Planning
• Identify what the inputs to project planning are.
• Know where project come from.
• Identify the characteristics of requirements.
• Understand the importance of a scope statement.
• Identify the characteristics and uses of a project definition worksheet.
• Know the significance of a project charter
• Know the characteristics and uses of a Work Breakdown Structure (WBS).
• Develop a Work Breakdown Structure (WBS).
• Identify resources to use in project estimating.
• Understand the challenges of time estimating.
• Understand the relevance of PERT.
• Know the characteristics of the Arrow Diagramming Method (ADM).
• Be able to make an ADM schedule.
• Know the characteristics of the Precedence Diagramming Method (PDM).
• Be able to make a PDM schedule.
• Develop a Gantt chart.
• Understand what milestones are used for.
• Understand the challenges of making cost estimates.
• Project control
• Understand how to establish a change control system.
• Understand where changes come from.
• Identify characteristics of a formal change control system.
• Identify ways to review for project control.
• Understand and be able to perform Earned Value calculations.
• Project Close-out
• Identify what must be done at the end of a project.
• Know ways to ensure a successful hand-off to the customer.
• Know what to archive in project records.
• Identify how to perform a lessons learned meeting.
• Identify what must be done during close-out.

Target Audience :
Individuals who will be facilitating and leading training programs, seminars, or customer training workshops.