Cost management and a well constructed schedule are the backbone of any successful project. A project’s schedule brings the entire picture of the project lifecycle into focus, giving clear and concise expectations of project milestones and completion date. Detailed cost management ensures a project's benefit and vitality; largely determining its ultimate success and justification. This two-day program will equip you with the critical, working knowledge you need to put together winning projects that meet the constraints of your time and budget.

LEARNING POINTS:

• Using work breakdown structures to develop a network diagram.
• How to develop a time-phased project budget.
• How to calculate schedules using PERT/CPM/CCPM.
• Find out how to use GANTT and milestone charts.
• Gain critical tools to ensure your schedules are accurate and achievable.
• Understand the various types of common project costs.
• Understand scope verification and its importance to your project’s exit strategy.
• Be able to manage projects using EVM/CCPM.

OUTLINE:

1. Project Management Definition and Background
   1. What is a project?
   2. PMI
   3. PMBOK
   4. Project life cycle
   5. Project management processes
2. Work Breakdown Structure (WBS)
   1. Why needed
   2. Requirements
   3. Techniques
3. Schedule Development and Control
   1. Gantt Chart
   2. Network diagramming
   3. Dependencies
   4. Methods
   5. Techniques
4. Critical Path Analysis (PERT/CPM)
   1. Critical chain project scheduling
   2. Single project
   3. Policies
   4. Behaviors
   5. Buffer management
   6. Multi-projects
   7. Multi-tasking
   8. Matrix management
5. Resource Management
   1. Assigning resources
   2. Considerations
   3. Multi-tasking
6. Risk Management
   1. Staffing, schedule and material risks
   2. Risk identification
   3. Risk quantification
   4. Risk mitigation and abatement
7. Cost Estimating and Budgeting
   1. Cost management
   2. Cost estimation
8. Project Evaluation and Control
   1. Monitoring project performance
   2. Earned value management
   3. Terms
   4. Practical use
9. Project Closeout and Termination

Did you know?
You can choose the Project Scheduling & Cost Management course as a credit towards the Master Certificate in Project Management 

Project Scheduling & Cost Management will be held in the CMD Training Center in the Woodman Alumni Building on the Wichita State University campus in Wichita, Kansas.    

General Information for Nearby Accomodations