Time and cost are two of the triple constraints of project management, and they are interrelated. Once the project scope has been defined and elaborated through the planning phase of a project, the project manager’s concerns center around controlling the project schedule, resources and overall costs.
Course ID# 2402K208
This course will first address the critical process of “scoping the project”. Scope, once defined, can be used as a starting point for development of a Work Breakdown Structure for the project, followed by duration estimates, construction of a network diagram, and development of schedule and cost estimates. Techniques for schedule compression and resource leveling will be discussed. Alternative planning approaches for time and cost such as the “Critical Chain” technique will also be presented, as will forecasting tools.
Finally, the course material will compare and contrast “Traditional Project Management” to some leading edge approaches: “Adaptive Project Management” and “Extreme Project Management”. The course covers processes & knowledge areas that are consistent with A Guide to the Project Management Body of Knowledge (PMBOK Guide®).
Instructor led, group-paced, classroom-delivery learning model with structured hands-on activities.
Classroom Training- 2 Day(s)
Key stakeholders, functional managers, operations managers, project managers, project leaders, and project team members can benefit from a discussion of scope, time and cost techniques. Anyone who wishes to learn proven techniques for achieving specific, measurable project results will find this course to be valuable.