Time and Money are two of the most precious commodities in organisational life and are often two of the key success criteria for projects. Both are often subject to strict and/or tight limits. Neither of them do you get back once they’re gone. This Coventry Academy training explores how to manage both, balancing them with other important factors such as quality, resources and risk. It examines estimating techniques relevant to different stages of the project’s life, how to derive the overall cost and timescale of the project and how to match that with the required limitations. You will learn how to deal with the uncertainty of estimates, both proactively and reactively, through risk and issue management techniques respectively.
Quais são os objectivos?
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
A quem se destina este curso de formação?
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
Descrição do curso
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
O certificado
Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course