Project Management - Cost & Schedule Training

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Overview

This two-day course provides participants with real world tools to manage the complex problems surrounding schedule and cost management. Participants use a variety of case studies and other tools to see what works and what does not in the real world of IT projects. This course is best suited for intermediate and advanced project managers. All students will receive a course binder and a Earned Value Project Management book.

Key Course Topics

• Basic rules for scheduling & budgets
• Work vs. duration so what is the difference and why should I care?
• Schedule estimation with confidence & accuracy
• Analogous estimating or top-down estimating
• Parametric Estimates
• Bottoms-up estimating
• Working with contractors and new hires
• How to succeed with vendors
• Efficiency vs. availability and its impact on resources and schedules
• The art and science of prioritization
• Defining group resources vs. individuals
• Resource pools
• Contingency vs. reserves. How and when to use them
• The ins and outs of Earned Value
• An introduction to Critical Chain Management
• Tools for scheduling & resource success
• Budget estimation with accuracy
• Financial Analysis for Project Management
• Understanding ROI
• What is the hurdle rate?
• Cashflow management
• The P & L
• The Balance Sheet
• Other key reports

Delivery

Instructor Led Classroom, Virtual Classroom, Online Self-Paced

Exam

None

Credits Earned

14 PDU's