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

17-21 Nov 2025
London
$5,950
08-12 Dec 2025
Dubai
$5,950
02-06 Feb 2026
London
$5,950
04-08 May 2026
Dubai
$5,950
29 Jun-03 Jul 2026
Amsterdam
$5,950
16-20 Nov 2026
London
$5,950

ONLINE

30 Mar-03 Apr 2026
Online
$3,950
21-25 Sep 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

This Project Scheduling & Cost Planning Skills training course is designed to equip professionals with the ability to develop reliable, detailed project plans—complete with accurate timeframes and cost estimates—that inspire confidence in project sponsors and stakeholders. The disruptions caused by the pandemic have highlighted the critical importance of realistic planning, risk awareness, and adaptability throughout the entire project lifecycle.

While initial project approval often relies on high-level conceptual estimates, these are typically broad and uncertain. This course emphasizes the need for more precise forecasting to support cash flow planning and scheduling. It also addresses evolving work environments—whether remote, on-site, or hybrid—and how safety protocols and logistical challenges must be factored into successful project execution.

This training course will feature:

  • Gaining knowledge of techniques used in project estimating, from the conceptual stage to the final detailed estimate
  • Understanding the different types of estimates used to give confidence and progressively estimate project costs and schedule
  • Identifying risk sources and minimize their impact and learn how to sustain project momentum
  • Developing effective performance monitoring and control systems
  • An integrated approach to scope, time, resources and cost management into a dynamic and manageable model

What are the goals?

By the end of this training course, participants will be able to:

  •  Confidently estimate project timescales and costs with appropriate resource management plans
  • Identify, assess and manage schedule, cost, scope and resource risks
  • Understand project performance and control
  •  Measure, forecast and control project performance by employing earned value techniques
  • Develop a project recovery plan for budget and schedule overruns

Who is this Training Course for?

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

  • Those who have a project role such as project managers, cost estimators, project schedulers, project designers, project planner, contract professionals, project procurement and purchasing staff, and project control and business services professionals who have the responsibility for preparing cost / schedule estimates and project proposals in client and contracting companies
  • Senior managers who want to understand best practice in project management
  • Those who are interested in knowing more about estimation and control in a project environment

How will this Training Course be Presented?

This Project Scheduling & Cost Planning Skills training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.

This training course is highly interactive and presents knowledge through formal and interactive learning methods. This training course includes individual exercises, team projects, applicable case studies, video and group discussions. The material has been designed to enable delegates to apply all of the material with immediate effect at the office.

Additionally, this training course does not assume prior knowledge of the topics covered in the course. New concepts and tools are introduced gradually to enable delegates to progress from the fundamental to the advanced concepts of project risk management.

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

Providers and Associations

Anderson
Anderson
Aztech Training
Aztech Training
COPEX
COPEX