Managing Time & Cost of Projects

 

Course Objectives

  • Understand project management framework, processes and tools in compliance with Project Management Institute (PMI) standards.
  • Focus on time and cost management.
  • Learn different methods of constructing project diagrams, schedules and plans.
  • Learn tools and techniques necessary to perform an in-depth analysis on project schedules and plans.
  • Identify different methods for cost estimation and project budgeting and capital budgeting.

Who Can Benefit

  • Project Managers, Contract Administrators

Course Outline:

  • Overview of Project Management
    • What Is a Project?
    • Project Life Cycle
    • Project Scope Management
    • Building Work Breakdown Structure
    • Activities and Milestones
  • Dependencies and Duration Estimation
    • Analogous Estimating
    • Parametric Estimating
    • Three Point Estimate
    • Mandatory and Discretionary Dependencies
    • Relationships between Activities
  • Project Scheduling
    • Arrow Diagramming Method
    • Precedence Diagramming Method
    • Constructing Project Network Diagrams and Schedules
    •  Critical Path Method
  • Project Cost Budgeting and Analysis
    • Cost Estimation Techniques
    • Cost Budgeting
    • Resource Allocation
  • Over-Allocation and Resource Leveling
    • Earned Value
    • Variances
    • Cost and Schedule Indexes
  • Capital Budgeting
    • Net Present Value
    • Payback Period
    • Benefit Cost Ratio
    • Internal Rate of Return

Code Courses Title Date Venue Price Request
PR04 Managing Time & Cost of Projects
10 Nov to 14 Nov 2018 Istanbul contact us
06 Jul to 10 Jul 2019 cairo contact us
22 Sep to 26 Sep 2019 Istanbul contact us
23 Nov to 27 Nov 2019 Sharm El-Sheikh contact us
22 Dec to 26 Dec 2019 Dubai contact us

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