Course description

Schedule and Cost Control - In House
This online course provides participants with real world tools to manage the complex problems surrounding schedule and cost management. Students will learn a variety of tools and techniques to see what works and what does not in the real world of project management.
Upcoming start dates
Who should attend?
This course is best suited for intermediate and advanced project managers.
Prerequisite
Although not required, Introduction to Project Management (PM101) is recommended as a prerequisite.
Training content
Course Introduction
Quick PM Review
- The PMI-SP Process
- The PMI-SP Exam
- The Basics of PM
- The Five Process Groups
- The PMI Process Model
- The Nine Knowledge Areas
Time Management
- The PMI Scheduling Model
- Decomposition
- Dependencies
- Conditional Diagramming
- Leads and Lags
- Duration Estimating Methods
- Bottom-Up Estimating
- Analogous Estimating
- Expert Judgment for Estimating
- Parametric Modeling Estimating
- Program Evaluation & Review Technique (PERT)
- Project Evaluation & Review Technique (PERT)
- Resource Considerations
- Schedule Creation
xCritical Path Method
- CPM Basics
- CPM Diagram
- Constraints
- Resource Leveling
- Simulation
- Duration Compression
Basic Cost Management
- Types of Cost Estimating
- Bottom-Up Cost Estimating
- Analogous / Top Down Estimating
- Parametric Cost Estimating
- Types of Project Costs
- The Cost Baseline
- Total Project Budget
Introduction to Earned Value
- Basic Performance Reporting
- Triangle Reporting
- Basic Terms
- Basic Formulas
- Reading EVT Values
- Forecasting
- EVT Charting
- EV Performance Radar
- EV 4th Dimension Radar
- Performance Dashboard
Critical Chain Management
- The Current Management Paradigm
- Current Project Schedules
- The Results
- A New Paradigm
- The Theory of Constraints
- Theory of Constraints Meets Project Management
- Prevent Multi-Tasking
- Prevent Multi-Tasking 2
- CCPM Key Concepts
Project Quality Management
- Plan Quality
- Plan Quality Management
- Perform Quality Assurance
- Control Quality
Other Cost Calculations
- Present Value (PV)
- Net Present Value (NPV)
- Future Value Calculation
- Internal Rate of Return (IRR)
- Return On Investment (ROI)
- Payback Period
- Benefit Cost Ratio (BCR)
- Opportunity Costs (OC)
- Depreciation
Contact this provider
Procept Associates Ltd.
Since 1963, Procept (and its subsidiaries) have trained over 1 million people from over 17,000 organizations. We focus on developing competencies in project management, change management, agile management, leadership, business analysis, IT and data management, as well as soft skill...