PROJECT SCHEDULING AND COST PLANNING SKILLS

2 months ago Posted By : User Ref No: WURUR110698 0
  • Image
  • TypeTraining or Development Class
  • Image
  • Location Nairobi, Nairobi county,Nairobi,Kenya
  • Price
  • Date 21-11-2022 - 25-11-2022
PROJECT SCHEDULING AND COST PLANNING SKILLS, Nairobi, Nairobi county,Nairobi,Kenya
Training or Development Class Title
PROJECT SCHEDULING AND COST PLANNING SKILLS
Event Type
Training or Development Class
Training or Development Class Date
21-11-2022 to 25-11-2022
Last Date for Applying
21-11-2022
Location
Nairobi, Nairobi county,Nairobi,Kenya
Organization Name / Organize By
Global King Project Management
Organizing/Related Departments
Training department
Organization Type
Education Institution
Training or Development ClassCategory
Both (Technical & Non Technical)
Training or Development ClassLevel
All (State/Province/Region, National & International)
Related Industries

Education/Teaching/Training/Development

Location
Nairobi, Nairobi county,Nairobi,Kenya

 

PROJECT SCHEDULING AND COST PLANNING SKILLS on 21st to 25th November 2022

Course calendar

INTRODUCTION

This Project Management training course focuses on how to deliver comprehensive reliable plans with time and cost estimates that gives the owner or sponsor of projects, high levels of confidence for project delivery. In addition, the plans need to be realistic with a full view of any risks faced during and after the project lifecycle.

The decision to proceed with a project is based on early, high level conceptual estimates. However, these can be wide ranging and therefore more detailed estimates need to provide the basis for the cash flow projections and schedule forecasts.

COURSE OBJECTIVES

By the end of the course, participants should 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

DURATION

5 Days

WHO SHOULD ATTEND

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

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
Registration Fees
Available
Registration Fees Details
USD 1200
Registration Ways
Website
Address/Venue
Transnational Plaza  Nairobi 
Contact
   +254 114830889