Why Choose this Course?
The late delivery of projects has become the scourge of project professionals worldwide. Countless numbers of projects undertaken by organizations in the private and public sectors significantly overrun the project schedule and budget, and as a consequence fail to achieve the organization's financial and strategic objectives. This is often accompanied by sizable increases in costs, reduction in quality and with substantial financial losses to the organization. Why? This is due mainly to the failure of many project professionals to successfully apply the tools and techniques of modern project planning, scheduling and control to their projects.
This course will feature:
- Practice in project planning techniques
- Understand the relationship between time and cost
- Understand crucial issues affecting project control
- Methods to meet deadlines and get project back on track
- Proven techniques to achieve project success
What are the Goals?
By the end of this course, participants will be able to:
- Apply techniques used in resource planning and control
- Understand the time-cost trade-offs
- Identify risk sources and minimize their impact and learn how to sustain project momentum
- Administer project documentation and reporting
- Develop effective performance monitoring and control systems
Who is this Course for?
This course is suitable to a wide range of professionals but will greatly benefit:
- Project Professionals
- Project Planning Engineers
- Senior Project Control
- Business Services Professionals who have the responsibility for planning and controlling project schedules and costs in client and contracting companies
How will this be Presented?
This course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. Delegates will develop advanced project management performance and control skills and knowledge through formal and interactive learning methods. This includes team projects, applicable case studies and group discussion. Additionally, the seminar 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 planning, scheduling and control.
The Course Content
Project Scope Planning and Definitions (Fundamentals)
- Introduction to Project Management
- Scope Planning
- Work Packages
- Scope Execution Plan
- Triple Constraints - Time Cost, Scope
- Project Delivery Systems
Project Schedule Planning
- Economic Evaluation and impact of interest rates
- Work Breakdown Structures (WBS)
- Project Estimating
- Gantt Chart - Schedule Baseline
- Precedence Network Diagramming
- Building schedule logic
- What is float?
Critical Path and Network Scheduling
- Activity development
- Network calculations
- Forward and backward pass
- Lead and Lag Scheduling
- Program Evaluation and Review Technique (PERT)
- Time-Cost-Scope Trade-off
Advanced Planning Methods and Project Control
- Preparing a Line of Balance Schedule (LSM)
- Project Control Systems
- Earned Value Analysis
- Earned Value Reporting
- Resource Allocation Algorithms for Resource Prioritization
- Time and Cost Tradeoff
Progress Reporting and Schedule Acceleration
- Progress Tracking and Monitoring
- Options for Accelerating the Schedule
- Crashing the Schedule - How?
- Lean Approaches
- AZTech Certificate of Completion for delegates who attend and complete the course