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5 Days
Training
Date Venue Fees(USD) Book your seat
19 - 23 Nov 2018 London - UK $4,950 Book Now
16 - 20 Dec 2018 Abu Dhabi - UAE $4,950 Book Now
17 - 21 Feb 2019 Dubai - UAE $5,950 Book Now
22 - 26 Apr 2019 London - UK $5,950 Book Now
01 - 05 Jul 2019 Amsterdam - The Netherlands $5,950 Book Now
18 - 22 Nov 2019 London - UK $5,950 Book Now
29 Dec 2019 - 02 Jan 2020 Dubai - UAE $5,950 Book Now

Why Choose this Training Course?

This Project Management training course focuses on how to deliver comprehensive reliable plans with time and cost estimates that gives the owner or sponsor of projects, high levels of confidence for project delivery. In addition, the plans need to be realistic with a full view of any risks faced during and after the project lifecycle.

The decision to proceed with a project is based on early, high level conceptual estimates. However, these can be wide ranging and therefore more detailed estimates need to provide the basis for the cash flow projections and schedule forecasts.

This AZTech training course will feature:

  • Gaining knowledge of techniques used in project estimating, from the conceptual stage to the final detailed estimate
  • Understanding the different types of estimates used to give confidence and progressively estimate project costs and schedule
  • Identifying risk sources and minimize their impact and learn how to sustain project momentum
  • Developing effective performance monitoring and control systems
  • An integrated approach to scope, time, resources and cost management into a dynamic and manageable model

What are the Goals?

By the end of this AZTech training course, participants will be able to:

  • Confidently estimate project timescales and costs with appropriate resource management plans
  • Identify, assess and manage schedule, cost, scope, and resource risks
  • Understand project performance and control
  • Measure, forecast and control project performance by employing earned value techniques
  • Develop a project recovery plan for budget and schedule overruns

Who is this Training Course for?

This AZTech training course is suitable to a wide range of professionals but will greatly benefit:

  • Those who have a project role such as project managers, cost estimators, project schedulers, project designers, project planner, contract professionals, project procurement and purchasing staff, and project control and business services professionals who have the responsibility for preparing cost / schedule estimates and project proposals in client and contracting companies
  • Senior managers who want to understand best practice in project management
  • Those who are interested in knowing more about estimation and control in a project environment

How will this Training Course be Presented?

This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.

The training course is highly interactive and presents knowledge through formal and interactive learning methods. The training course includes individual exercises, team projects, applicable case studies, video and group discussions. The material has been designed to enable delegates to apply all of the material with immediate effect at the office.

Additionally, the training course does not assume prior knowledge of the topics covered in the course. New concepts and tools are introduced gradually to enable delegates to progress from the fundamental to the advanced concepts of project risk management.

The Course Content

Day One: Project Estimating Basics

  • Basic project management definitions
  • Triple constraints – Time, Cost, Scope
  • Project selection methods
  • Defining project scope
  • Cost & schedule estimation, cost budgeting & control
  • Project schedule management using the Critical Path Method

 

Day Two: Developing Project Budget & Schedule Control

  • Resource requirements
  • Direct & indirect project costs
  • Planning and scheduling limited resources
  • Options for accelerating the schedule
  • Crashing the schedule - How?

 

Day Three: Managing the Risk

  • Risk identification, analysis & management
  • Contingency reserve
  • PERT, probability and standard deviation formulae
  • Network activity risk profiles
  • Application: Estimating project duration
  • Project risk strategies

 

Day Four: Measuring Project Performance

  • Critical chain analysis and use of buffers
  • Comparison of unbalanced with balanced schedules
  • Measuring planned progress on schedule
  • Risk distribution in contracting
  • Actual progress and work conditions
  • Managing variable conditions

 

Day Five: Managing and Recovering Project Estimates

  • Schedule variances & cost variances
  • Progress control charts -trend analysis
  • Schedule and cost variance forecasting
  • Schedule and cost recovery analysis
  • Schedule and cost recovery plan
  • Project recovery baselines and controls

 

The Certificates

  • AZTech Certificate of Completion for delegates who attend and complete the training course
  • The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Completion

Accreditation

PMI Registered Programme

AZTech as an R.E.P. has been approved by PMI to issue applicable Professional Development Units (PDUs) for its Project Management training courses. PMI allows credential holders to apply PDUs to the maintenance of their credentials where one contact hour of training is equivalent to one PDU.

The PMI Registered Education Provider logo and PMI are registered marks of the Project Management Institute, Inc.

What our Delegates Say

Very interesting, learning new things in each session. I learned quite a lot this week. Thank you!

Halima Abdulsalam
30 Apr - 04 May, London Marriott Parklane, London

I like the interactive activities and presenter is very qualified.

Mohamed Jassim Mohamed Hasan Al Hosani
24 Dec 2017 - 28 Dec 2017, Sofitel, Abu Dhabi

It has met the desired goals when I selected the course. Risk management classes was really interesting and added value to my knowledge in Project. At the end the instructor focused on two main points in any project (cost and schedule). It was very useful.

Ahlam Al Nuaimi
24 Dec 2017 - 28 Dec 2017, Sofitel, Abu Dhabi

Facilitator was excellent and very practical in her delivery. She was knowledgeable and presented the course in a very good way. The course was very interesting.

Okpomo, Charles Ese
24 Dec 2017 - 28 Dec 2017, Sofitel, Abu Dhabi

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Aztech Training & Consultancy
AZTech Training & Consultancy
P.O. Box: 74716 Dubai,
United Arab Emirates

Toll Free: 800-AZTECH (800 298324)
Tel: +971 4 427 5400
Fax: +971 4 427 5401
Email: info@aztechtraining.com

Tax Registration Number: 100234070700003