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Conferences

Project Scope and Requirements Management


Introduction:

Managers and customers expect to get value for money. A significant number of projects have been canceled or are seen as a failure because they ran too far over budget. This five-day program will present the participants with straightforward approaches to developing a cost baseline and setting up a cost tracking system so that the budget is well managed during the project’s life cycle.

Targeted Groups:

  • Project Managers
  • Members of Project Offices
  • Project Sponsors
  • Individuals interested in project management

Conference Objectives:

At the end of this conference the participants will be able to:

  • Understand the benefits of good project cost control for successful project outcomes
  • Use best practice to minimize costs and negative impacts
  • Describe a typical project cost management lifecycle
  • Explain the action required at each phase of the project cost management lifecycle and understand the significance of each phase
  • List the key attributes of the cost necessary to understand and manage cost-effectively
  • Explain the key steps required to improve project estimates, budget and cost baselining, performance measurement and analysis, cost monitoring and control during project execution and interpreting and reporting project performance throughout a technical project lifecycle
  • Specify key quantitative measures for determining the project performance using Earned Value Management (EVM)
  • Provide meaningful project progress reports using EVM together with forecasts of likely outcomes and management options to correct where necessary
  • Estimate cost techniques, including the Work Breakdown Structure, Work Packages and risk management considerations
  • Learn about the S-curves for risk and cost estimates

Targeted Competencies:

  • Planning projects
  • Organizing projects
  • Controlling projects
  • Cognitive abilities
  • Communication
  • Engineering value
  • Cost control

Conference Content:
Unit 1: Overview of Project Management:

  • Basic Project Management definitions
  • The project management processes
  • Project phases and life cycles
  • Typical project terminology
  • Setting up for success
  • The project cost management processes – estimate costs, determine budget and control costs

Unit 2: Developing The Project Schedule – Estimating Cost:

  • Understanding project management inputs to estimating cost
  • Creating the work breakdown structure (WBS)
  • Work Packages as building blocks
  • Estimation techniques
  • Optimizing the schedule
  • Estimating the overall project cost

Unit 3: Developing The Project Budget – Determining Budget:

  • Understanding project management inputs to determining budget
  • Estimating personnel, materials, and equipment costing including overheads Cost aggregation
  • Considering the risk management process, risk response planning and risk reserves
  • Estimating Risk Response costs, and Reserve or Contingency cost
  • The S-Curve for risk and cost

Unit 4: Utilising Control Accounts and Effectively Controlling Project Costs:

  • Control Accounts and the Control Account Plan (CAP)
  • Understanding what measures are required
  • Change Control processes and re-baselining the cost performance baseline
  • Understanding project management inputs to controlling costs
  • Identifying and managing hours worked
  • Tracking costs

Unit 5: Project Performance Measurement, Interpreting and Reporting EVM Results:

  • What is Earned Value Management (EVM)?
  • What are the main measures used for EVM?
  • Analyzing results – variances, performance indices and forecasting
  • Interpreting results and considering options to redress unacceptable variances
  • Forecasting and developing response plans
  • Reporting EVM to senior management and customers


UAE (Dubai)
19/9/2021 - 23/9/2021
Euro 2500
UAE (Dubai)
25/4/2021 - 29/4/2021
Euro 2500
UAE (Dubai)
28/11/2021 - 2/12/2021
Euro 2500
Egypt (Cairo)
4/7/2021 - 8/7/2021
Euro 2500
Egypt (Cairo)
10/10/2021 - 14/10/2021
Euro 2500
Morocco (Casablanca)
19/9/2021 - 23/9/2021
Euro 2500
Jordan (Amman)
22/8/2021 - 26/8/2021
Euro 2500
UK (London)
4/10/2021 - 8/10/2021
Euro 4500
UK (London)
9/8/2021 - 13/8/2021
Euro 4500
Egypt (Sharm El-Sheikh)
7/11/2021 - 11/11/2021
Euro 2500
Malaysia (Kuala Lumpur)
1/8/2021 - 5/8/2021
Euro 3500
Malaysia (Kuala Lumpur)
12/12/2021 - 16/12/2021
Euro 3500
Malaysia (Kuala Lumpur)
25/4/2021 - 29/4/2021
Euro 3500
Turkey (Istanbul)
26/12/2021 - 30/12/2021
Euro 3000
Turkey (Istanbul)
25/4/2021 - 29/4/2021
Euro 3000
Turkey (Istanbul)
22/8/2021 - 26/8/2021
Euro 3000
France (Paris)
1/11/2021 - 5/11/2021
Euro 4500
Switzerland (Geneva)
3/5/2021 - 7/5/2021
Euro 4500
Spain (Barcelona)
11/10/2021 - 15/10/2021
Euro 4500
Spain (Barcelona)
12/7/2021 - 16/7/2021
Euro 4500
Spain (Barcelona)
29/3/2021 - 2/4/2021
Euro 4500
Italy (Rome)
8/11/2021 - 12/11/2021
Euro 4500
Italy (Rome)
5/7/2021 - 9/7/2021
Euro 4500
Manama (Bahrain)
15/8/2021 - 19/8/2021
Euro 2500
Manama (Bahrain)
2/5/2021 - 6/5/2021
Euro 2500
Oman(Muscat)
1/8/2021 - 5/8/2021
Euro 2500
Kuwait (Kuwait)
14/3/2021 - 18/3/2021
Euro 2500
Spain (madrid)
21/6/2021 - 25/6/2021
Euro 4500
Spain (madrid)
9/8/2021 - 13/8/2021
Euro 4500
Singapore (Singapore)
27/9/2021 - 1/10/2021
Euro 4500
USA (Boston)
12/7/2021 - 16/7/2021
Euro 5000
Netherlands (Amsterdam)
13/9/2021 - 17/9/2021
Euro 4500
Netherlands (Amsterdam)
5/4/2021 - 9/4/2021
Euro 4500
Canada (Toronto)
24/5/2021 - 28/5/2021
Euro 5000
Germany (Munich)
9/8/2021 - 13/8/2021
Euro 4500
Online
21/3/2021 - 25/3/2021
Euro 1250
Online
15/8/2021 - 19/8/2021
Euro 1250
Online
2/5/2021 - 6/5/2021
Euro 1250
Online
31/10/2021 - 4/11/2021
Euro 1250