A Highly Interactive Training Course On

Project Scheduling & Cost Planning Skills

Project Estimation & Planning for Your Organisation

Project Scheduling & Cost Planning Skills
Course Schedule

CLASSROOM

05-09 May 2025
Dubai
$5,950
30 Jun-04 Jul 2025
Amsterdam
$5,950
21-25 Jul 2025
London
$5,950
22-26 Sep 2025
Riyadh
$5,950
17-21 Nov 2025
London
$5,950
08-12 Dec 2025
Dubai
$5,950
02-06 Feb 2026
London
$5,950

ONLINE

24-28 Feb 2025
Online
$3,950
04-08 Aug 2025
Online
$3,950
22-26 Sep 2025
Online
$3,950
30 Mar-03 Apr 2026
Online
$3,950
Certificate
  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course

Training Overview

Training Overview

Time and money are critical resources in organizational life and crucial success metrics for projects. Once spent, neither can be reclaimed. This Coventry Academy training delves into effective management strategies for both, ensuring a balance with other vital factors like quality, resources, and risk. It covers estimation techniques applicable across various project stages, methods for deriving overall project costs and timelines, and strategies for aligning these with imposed constraints. Participants will learn proactive risk management techniques to address estimate uncertainties and reactive issue management strategies to mitigate unforeseen challenges.

What are the goals?

This Coventry Academy training course enables attendees to:

  • Estimate Timescales, Costs and Resources for Project Work
  • Determine the Overall Project Schedule and Cost Plan
  • Apply Risk Management Techniques
  • Monitor and Analyse Project Timescale and Cost Performance
  • Derive Corrective Actions to Maintain the Integrity of Project Limits

Who is this Training Course for?

This Coventry Academy training course is suitable to a wide range of professionals, but will greatly benefit:

  • Existing Project Managers
  • New Project Managers
  • Project Management Team Members
  • Project Team Members
  • Project Estimators
  • Project Finance Professionals

The Course Content

Day One: Project Estimating Basics
  • Basic project management definitions
  • Triple constraints – Time, Cost, Scope
  • Project selection methods
  • Defining project scope
  • Cost & schedule estimation, Cost budgeting & control
  • Project schedule management using the Critical Path Method
Day Two: Developing Project Budget & Schedule Control
  • Resource requirements
  • Direct & indirect project costs
  • Planning and scheduling limited resources
  • Options for accelerating the schedule
  • Crashing the schedule - How?
Day Three: Managing the Risk
  • Risk identification, analysis & management
  • Contingency reserve
  • PERT, probability and standard deviation formulae
  • Network activity risk profiles
  • Application: Estimating project duration
  • Project risk strategies
Day Four: Measuring Project Performance
  • Critical chain analysis and use of buffers
  • Comparison of unbalanced with balanced schedules
  • Measuring planned progress on schedule
  • Risk distribution in contracting
  • Actual progress and work conditions
  • Managing variable conditions
Day Five: Managing and Recovering Project Estimates
  • Schedule variances & cost variances
  • Progress control charts -trend analysis
  • Schedule and cost variance forecasting
  • Schedule and cost recovery analysis
  • Schedule and cost recovery plan
  • Project recovery baselines and controls