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Project scheduling and costing

Scope

Competencies

  • Achieving results
  • Optimising resources
  • Organisation, planning and control

Target audience

  • Managers, engineers or scientists with budgetary and scheduling responsibilities in a project.

Prerequisite

  • Prior education in project engineering or professional exposure to project management.

Objectives

  • To become familiar with techniques in use for project time and cost management (and espacially as implemented in project scheduling software as OpenProj, GanttProject or Microsoft-Project).

Duration

  • Two days.

Features

  • Terminology used in this course complies with PM BoK (Project Management Body of Knowledge published by Project Management Institute).
  • Techniques presented in this course are implemented in project management software tools.
  • Practices presented in this course are consistent with PRINCE2 (Projects IN Controled Environments) published by the OGC (Office of Government Commerce).

Contents

Construction of project schedule

  • Construction of project network diagram using different types of links (finish-to-start, start-to-start, finish-to-finish, start-to-finish).

Time analysis

  • PERT-CPM and the negative float.
  • Application with software tools (GanttProject, OpenProj, Microsoft Project).

Resource analysis

  • Resource and budget estimates.
  • Resource histograms and the S-curve: application with software tools (GanttProject, OpenProj, Microsoft Project).
  • Case study to integrate time and resource analysis.
  • The two types of resource leveling (duration driven and effort driven).

Earned Value Management

  • Cost control standard criteria: PV (Planned Value), AC (Actual Cost) and EV (Earned Value).
  • Case study: integration of time and cost management in projects


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