Project Schedule and Budget Control

Course Group: 
Project Management
Course Outline: 

 

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 is critical to know the basic knowledge, tools and techniques for developing a proper project scope, scheduling and budgeting that scope, and finally control 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, scheduling and budgeting, managing resources, project progress reporting and project control such as earned value management (EVM).

The course includes a number of practical exercises to reinforce attendees’ understanding of the relevant concepts and techniques and to allow application of the gained knowledge to real-life projects. The exercises are conducted as a combination of tutorials and activities that step through the various activities, focusing on schedule, resources and budgeting management.  The course is ideally suited to those who are new to project scheduling, budgeting and control methods such as EVM—no prior knowledge or experience is assumed.  

 

Duration: 3 days

Delivery mode: Classroom

Locations

Advertised:  Canberra

In-house: All states and neighbouring countries, contact the Professional Education Course Unit for more information. Recommended for groups of 10 or more.

What you will receive:

Affiliated courses: Introduction to Project Management (3 days) 

 


 

WHO SHOULD ATTEND

Anyone requiring an understanding of project management, including, but not exclusive to;

Business managers

Technical staff

Aspiring project managers

Systems engineers

Capability development staff

Engineers

 


 

COURSE OUTLINE

Project Management Framework

Introduction to project management | The project management context | Project scope, cost, and time management | Critical Path Method (CPM) | Earned Value Management (EVM)

Introduction to Project Management

Reviewing project management concepts

Scope Management

Initiation | Scope planning | Scope definition | Scope verification | Scope change control

Time Management 

Activity definition | Activity duration estimating | Activity sequencing | Schedule development | Schedule control

Critical Path Method 

Schedule Network Analysis | Activity of Node | Activity on Arrow

Resource Management 

Resource Optimisation Techniques | Resource levelling | Resource smoothing | Schedule Compression Techniques (e.g., Crashing)

Cost Management 

Cost estimating | Cost baseline | Budgeting | Cost control

Project Control 

Earned value management (EVM) | Earned Schedule (ES)

 

Project Scheduling Exercise 1

An exercise with a simple scope to reinforce schedule management and CPM.

Project Resource Management Exercise 2

An exercise with a simple scope to reinforce resource management and resource levelling and smoothing techniques.

Project Budgeting Exercise 3

An exercise focussed on project cost management, development of cost baseline and project budget.

Project Control Exercise 4

An exercise to reinforce project control techniques such as EVM and ES.

Project Management Exercise 5

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.

Dr Alireza Abbasi is a lecturer with the School of Engineering and Information Technology (SEIT), the University of New South Wales (UNSW Australia), Canberra. He obtained his PhD from the University of Sydney in 2012 before joining UNSW. He is currently the postgraduate coordinator of Master of Project Management in SEIT. Dr Abbasi has written a book, three book chapters and over 45 technical journal and conference papers.  His research interest covers a wide range of topics in management scienceorganisation and network science and information systems management. Dr Abbasi is a member of Australian Institute of Project Management (MAIPM).

 

COURSE AVAILABILITY

CANBERRA
18 October 2017 - 20 October 2017