REF: | 15694_321078 |
DATE: | 12 - 16 Jan 2025 16.Jan.2025 |
LOCATION: |
Kuala Lumpur (Malaysia) |
INDIVIDUAL FEE: |
3900 Euro |
Introduction:
The Project Scheduling & Cost Planning Skills Training Course is designed to equip professionals with the tools and techniques to effectively plan, schedule, and control project costs. This course provides a comprehensive introduction to the principles of project scheduling, emphasizing the importance of time management and resource allocation in achieving project goals.
Participants will gain a deep understanding of cost planning methodologies, enabling them to create accurate budgets and forecasts and ensure projects are completed on time and within budget. Through practical exercises and real-world scenarios, this course prepares participants to navigate the complexities of project management and ensure successful project delivery.
Targeted Groups:
- Project Managers.
- Cost Engineers.
- Project Planners.
- Financial Analysts.
- Construction Managers.
- Engineers involved in project planning.
- Procurement Specialists.
- Project Coordinators.
- Budget Managers.
- Professionals in Project Management Offices (PMOs).
Course Objectives:
At the end of this course, the participants will be able to:
- Develop effective project scheduling strategies.
- Learn to create and manage project budgets.
- Apply cost estimation techniques accurately.
- Implement resource allocation and optimization methods.
- Master risk management in project planning.
- Utilize the Critical Path Method to identify project timelines.
- Apply Earned Value Management to track project performance.
- Forecast and control project costs effectively.
- Enhance skills in project monitoring and reporting.
- Improve communication with stakeholders regarding project status.
Targeted Competencies:
- Project Scheduling Techniques.
- Cost Estimation and Budgeting.
- Resource Allocation.
- Risk Management.
- Time Management.
- Critical Path Method (CPM).
- Earned Value Management (EVM).
- Forecasting and Cost Control.
- Project Monitoring and Reporting.
- Stakeholder Communication.
Course Content:
Unit 1: Introduction to Project Scheduling and Cost Planning:
- Define project scheduling and cost planning.
- Understand the role of scheduling and cost planning in project management.
- Explore key terms and concepts in project scheduling.
- Discuss the importance of accurate cost planning.
- Review common challenges and pitfalls in scheduling and cost planning.
- Examine real-world examples of successful scheduling and cost planning.
Unit 2: Project Scheduling Techniques:
- Learn about different project scheduling methodologies.
- Study the Critical Path Method (CPM) and its applications.
- Understand Gantt charts and their uses.
- Explore Program Evaluation and Review Technique (PERT).
- Analyze schedule network diagrams.
- Practice creating and interpreting project schedules.
- Discuss methods for adjusting schedules as projects evolve.
Unit 3: Cost Estimation and Budgeting:
- Learn cost estimation techniques and principles.
- Understand different types of cost estimates (e.g., rough order of magnitude, definitive).
- Explore methods for developing project budgets.
- Study cost estimation tools and software.
- Practice creating cost estimates for various project components.
- Discuss cost control measures and budget adjustments.
- Review case studies of budget management.
Unit 4: Resource Allocation and Optimization:
- Understand the importance of resource planning.
- Learn techniques for effective resource allocation.
- Study methods for optimizing resource use.
- Explore tools for resource leveling and smoothing.
- Discuss the impact of resource constraints on project schedules.
- Practice creating resource allocation plans.
- Analyze case studies on resource management.
Unit 5: Monitoring, Controlling, and Reporting:
- Learn methods for monitoring project progress.
- Understand techniques for controlling project costs and schedules.
- Study Earned Value Management (EVM) for performance tracking.
- Explore tools for project performance reporting.
- Practice creating progress reports and dashboards.
- Discuss strategies for addressing project deviations.
- Review best practices for stakeholder communication and reporting.