Course Outlines:
Module One:
An Overview of Project Management
In this module the participants will learn the PMI globally accepted standard approach to managing projects. This will provide the context for developing and managing the project budget. This module will cover:
Module Two:
Developing the Project Schedule – Estimating Cost
The basis for good cost control is the development of an accurate Work Breakdown Structure (WBS) on which the work packages depend for accurate estimation. In this module, we will create the overall project schedule and learn how the project cost is tied to each individual project activity. This module will cover:
Module Three:
Developing the Project Budget – Determining Budget
Whether working on a simple or complex project all project managers need to develop an accurate budget based on the total resources required for their project. Here the participants will learn how to create the detailed budget and the cost baseline necessary for project control. This module will cover:
Module Four:
Utilising Control Accounts and Effectively Controlling Project Costs
In this module, the participants will learn about setting up Control Accounts, the Project Cost Performance Baseline, and the necessary steps to monitoring and controlling the project budget. This module will cover:
Module Five:
Project Performance Measurement, Interpreting and Reporting EVM Results
Whether or not the project manager is familiar with Earned Value Management, it is rapidly becoming the favored means of tracking project performance. In this module, the participants will learn that for large, complex projects the most accurate way to track progress and performance is through Earned Value Management. Participants will learn about measuring and interpreting EVM results and how to report project status to senior management and customers. This module covers: