Project scope, Schedule and Cost management
What is the course about?
Accurate time estimation is a skill essential to good project management. It is important to get project schedule right for two main reasons:
- They often determine the pricing of contracts and hence their profitability.
- Time estimates drive the setting of deadlines for delivery of projects, and hence peoples’ assessments of project manager’s reliability.
Usually people vastly underestimate the amount of time needed to implement projects. In that case the project manager and team lose a great deal of credibility by underestimating the length of time needed to implement a project. If the project manager underestimate time, not only it lead to miss deadlines, it also put other project workers under unnecessary stress. Projects will become seriously unprofitable, and other tasks cannot be started. The first step towards making good time estimates is to fully understand the basic schedule management approaches.
Why you Should Attend the course?
» Define scope
» Develop realistic schedules to achieve timely project delivery
» Construct project network diagrams to identify the sequence of work
» Calculate Critical Path to determine the project duration
» Effectively assign resources to build a realistic baseline schedule
» Effectively manage cost of the project with Earned Value Management (EVM)
» Perform schedule analysis and recommend corrective actions to keep the project on track
» Build readable and reliable project reports to keep stakeholders informed on progress.
What to expect?
This classroom based course is highly interactive and uses practical exercises, simulated case studies and projects to reinforce tool understanding and learning. The training is enhanced by the experience of the instructor who has trained many Project managers.
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