Project Planning, Scheduling and Control & Cost Control

This training is designed to help project managers overcome the challenges they face in delivering on-time, on-budget results. Participants will learn project management fundamentals course to enable them to expertly manage projects and integrate them into organizations. 

Project Planning, Scheduling, and Control

Project planning begins with a statement of work that defines what the project is about and why it is being undertaken. It includes a high-level description of the work that needs to be done. It also includes the deliverables expected at the end of each phase, the resources required, and any constraints. The process of developing this statement is called scoping.

The project schedule defines when tasks will start and finish, how long they will take. It also indicates which activities are dependent on others. It is often expressed as a Gantt chart or as a network diagram showing dependencies among tasks. Nodes represent activities, arrows indicate relationships between activities (start to start or finish to finish), and bars show durations.

Project Cost Control Training & Cost Control in Project Management

Cost estimates are made during scoping. However, these estimates are often wrong because they are based upon incomplete information about requirements and resource availability. As such, cost control requires ongoing monitoring of actual costs against budgeted amounts for each activity

Target Audience For This Project Planning Scheduling and Control & Project Cost Control Course

• Project Managers

• Project Schedulers

• Project Controllers

• Engineers

• Project Cost Controllers

• Anyone else who wishes to learn the fundamentals of MS Project.

Targeted Organizational Departments for Project Planning Scheduling and Control & Project Cost Control Course

• Project Management Office.

• Project Units.

Targeted Industries for Project Planning Scheduling and Control & Project Cost Control Course

• Any Sector or Industry that work in Project-Based Business Environment.

Learning Impact and Outcomes of Project Planning Scheduling and Control & Project Cost Control Course

By the end of this course participant will be able to:

• Understand all of the basic project management concepts.

• Successfully develop a project plan, ranging from small to mega projects.

• Master Project Management Skills.

• Build needed capacity for running an organized project,

• Plan ahead for the expected and non-expected events.

• Understand project planning issues.

• Set out evaluation criteria.

Training Methodology:

Training is undertaken through lectures assisted by audio & visual presentations. 

Trainee participation is ensured through assignments, role-plays. Case studies also will be discussed to help the audience with the training content.  

Course Toolbox 

• Reading Material.

• Project Management related Checklists and Sheets.

Course Agenda:

Day (1) Project Management A Systems Approach to Planning Scheduling and Controlling

• Statement of Work (SOW).

• Scope Planning.

• Activity Duration Estimation techniques.

• Activity Millstones Logical Relationship.

• Work Breakdown Structure (WBS) - Work Packages.

Day (2) Project Planning Scheduling and Control

• Network Diagramming.

• Critical Path method.

• Project Float Analysis.

• Project Acceleration Techniques.

• PERT Analysis Method.

Day (3) Project Schedule Control

• Project Cost Control Methods.

• Project Cost Control Procedures·   

• Cost and Resource Curves.

• Resource Allocations.

• WBS Dictionary -Description of Elements.

• Project Resource Estimation – Labor, Non-labor, Materials.

• Cost Estimating – Direct and Indirect Costs.

• Project Resource Planning– Cost Baseline.

• Project Budgeting Essentials.

• Project Cash Flow Essentials.

Day (4) Project Monitoring and Control

• Project Execution Management and Control.

• Progress Tracking and Monitoring.

• Establishing effective measures.

• Project Cost Control.

• Project Schedule Control.

• Progress Control Charts – Trend Analysis.

• Setting Schedule and Cost Control Limits.

• Baselining projects.

• Growing & improving in schedule and cost management.

Day (5) Creating a Project Report

• Project Variance Analysis.

• Schedule Variances.

• Cost Variances.

• Earned Value Analysis.

• Schedule Performance Index (SPI).

• Cost Performance Index (CPI).

• Project Recovery Plan.

• Schedule and Cost Recovery.

• Skills needed in managing project failures.

• Project Recovery Baselines and Controls.

 Project Monitoring and Control

Monitoring and controlling the project is an important stage in the project management process. While monitoring involves keeping track of the progress of the project. Control on the the other hand involves taking necessary corrective actions to ensure that the project stays on track.

At this stage, many of the deliverables will be reviewed by the stakeholders. The review is important to check whether they meet their expectations and requirements. If any changes are required, they will be merged into the scope document before going into implementation.

The following activities are performed at this stage:

Project Report

The project report is a document that summarizes the details of the project. 

It should include the following: 

1. An executive summary. 

2. The project's mission and objectives. 

3. A high-level overview of the project's background and history. 

4. Detailed information about each phase of the project. 

5. An explanation of how the project was executed. 

6. A list of all resources used in the project.. 

Is This Among Project portfolio management training courses? Is this course among the project management office training courses?