Project Schedule and Budget Control
Enrol
3 days
Hybrid – In-Person or Online
Simulcast
30
$3,135.00
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Overview
The success of projects and the project management team is often measured through achieving the targeted projects’ time, cost and scope which have been set or estimated during the initiation of the projects. Therefore, it's critical to know the basic knowledge, tools and techniques for developing a proper project scope, scheduling and budgeting that scope, and finally controlling that schedule and budget over time.
This course introduces attendees to the underlying principles and practice of managing project schedule and budget. It covers the body of knowledge needed for effective management of projects addressing techniques for project planning; project scheduling including critical path method, variations and mitigation techniques; project budgeting including financial analysis; managing resources; project progress reporting and project control such as earned value management.Ìý
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Course content
Introduction to Project ManagementÌý
Reviewing project management conceptsÌýand frameworks.
Scope ManagementÌý
Initiation | Scope planning | Scope definition | Scope verification | Scope change controlÌý
Time Management Ìý
Activity definition | Activity duration estimating | Activity sequencing | Schedule development | Schedule controlÌý
Critical Path Method Ìý
Schedule Network Analysis | Activity of Node | Activity on ArrowÌý
Project Scheduling Exercise 1Ìý
An exercise with a simple scope to reinforce schedule management and CPM.Ìý
Resource Management Ìý
Resource Optimisation Techniques | Resource levelling | Resource smoothing | Schedule Compression Techniques (e.g. Crashing)Ìý
Project Resource Management Exercise 2Ìý
An exercise with a simple scope to reinforce resource management and resource levelling and smoothing techniques.Ìý
Cost Management Ìý
Financial Analysis | Cost Benefit Analysis | Cost estimating | Cost baseline | Budgeting | Cost controlÌý
Project Budgeting Exercise 3Ìý
An exercise focused on project cost management, development of cost baseline and project budget.Ìý
Project Control Ìý
Earned value management (EVM) | Earned Schedule (ES)Ìý
Project Control Exercise 4Ìý
An exercise to reinforce project control techniques such as EVM and ES.Ìý
Project Management Exercise 5Ìý
An integrated exercise to reinforce all the concepts and techniques in a logical and sequential manner by applying them to manage a real simple project.Ìý
Learning outcomes
Skills/competencies/knowledge that would be gained through this course:
- know various techniques for project planning
- develop project schedule and analyse the critical activities
- manage and optimise required resources
- analyse the financial aspects of projects and develop a time-phased project budget.
- analyse and control the progress of the project over time.
Who should attend
Anyone who needs an understanding of project management, including, but not exclusive to:
- project and program managers
- sustainment and acquisition project managers
- aspiring project managers
- cost analysts
- schedule analysts
- systems engineers
- technical staff
- logistics managers
- capability development staff
- infrastructure Planners
- capability managers
- contract/procurement managers
- engineers
- engineering managers
- business managers
- procurement officers
Facilitator
Dr Alireza Abbasi
Dr Alireza Abbasi is Director of Postgraduate Studies and Coordinator of Project Management programs at ¶¶Òõ¶ÌÊÓƵ. He obtained his PhD in Project Management from the University of Sydney in 2012 before joining the School of Engineering & Information Technology (SEIT) at ¶¶Òõ¶ÌÊÓƵ. He also holds a graduate certificate in University Learning and Teaching from UNSW Sydney. His research and teaching interests include project management, management science, information systems management and network science. He has written a book, three book chapters and more than 60 technical journal and conference papers.ÌýÌý
Dr Abbasi has had several appointments and been involved in different projects in IT/Software, oil, education and R&D sectors. He is an active member of several professional bodies including the Australian Institute of Project Management (AIPM), Project Management Institute (PMI), and Australian & New Zealand Academy of Management (ANZAM).
Cancellation policy
Courses will be held subject to sufficient registrations. ¶¶Òõ¶ÌÊÓƵ reserves the right to cancel a course up to five working days prior to commencement of the course. If a course is cancelled, you will have the opportunity to transfer your registration or be issued a full refund. If registrant cancels within 10 days of course commencement, a 50% registration fee will apply. ¶¶Òõ¶ÌÊÓƵ is a registered ACT provider under ESOS Act 2000-CRICOS provider Code 00098G.