Course description
Project Estimating and Scheduling: In-House Training
Establishing realistic estimates and goals for projects that support business objectives and meet client expectations is one of the most challenging aspects of project planning. Delivering those results within the agreed-upon time, cost, and quality constraints is also challenging.
Attempting to meet impossible deadlines with limited budgets often leads to unplanned product shortfalls, causing long-term support and utilization problems. We have all anguished about this recurring problem, but without having the skills or knowledge to take action, we are unable to break the cycle!
The goal of this course is for you to be able to support business objectives and meet client expectations by selecting the right planning approach for realistic and cost effective schedules, as well as project budgets. To achieve that, you will focus on gaining the necessary knowledge, skills, and techniques.
Upcoming start dates
Outcome / Qualification etc.
What You Will Learn
At the end of this program, you will be able to:
- Use the work breakdown structure (WBS) as the basis for effective estimating of project resources
- Estimate effort and duration using a variety of techniques
- Develop preliminary schedules using the critical path method
- Apply a variety of optimization techniques to refine preliminary schedules
- Establish realistic schedule and cost baselines, with appropriate contingency reserves
- Explain how earned value management (EVM) contributes to control time and cost performance
Training Course Content
Foundation Concepts
- Project management basic definitions and concepts
- PES Key driver: competing constraints
- PES Process and success factors
Project Definition and the WBS
- Project definition overview
- Work Breakdown Structure (WBS)
- Decomposition: WBS development technique
Resource Planning
- Resource planning overview
- Identifying resource requirements
- Identifying and filling resource gaps
- Applying resource planning tools
Effort and Duration Estimating
- Estimating overview
- Estimating perspectives and approaches
- Estimating techniques
- Effort and duration estimating best practices
Project Scheduling
- Overview of project scheduling
- Dependencies and the project network diagram
- Critical path method (CPM)
- Optimizing the schedule
Budget, Risk, and Contingency Planning
- Overview of budget, risk, and contingency planning
- Estimating costs
- Determining the budget
- Project risk management processes
- Planning contingency reserves
Project Baseline and Control
- Overview of project baseline
- Negotiating and the project baseline
- Earned value management (EVM)
- Project variances and actions
- Project control
Why choose IIL Europe
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IIL Global
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