Master Project Planning, Scheduling & Cost Estimating Skills

Course Description

This comprehensive 5-day course equips project managers with advanced skills in project planning, scheduling, and cost estimating. Participants will learn to develop accurate project plans, create effective schedules using critical path method, and perform detailed cost estimates. The course combines theoretical knowledge with practical applications to enhance project delivery success.

Learning Objectives

• Master project scope planning and work breakdown structures
• Develop effective project schedules using critical path method
• Learn advanced cost estimating techniques for various project phases
• Apply earned value management for project performance tracking
• Understand risk analysis and contingency planning in projects

Course Modules

Day 1: Project Scope Planning and Definition

• Project charter and scope planning
• Work Breakdown Structure (WBS) development
• Defining project deliverables and milestones
• Resource requirements identification

Day 2: Project Scheduling Techniques

• Network diagramming and critical path analysis
• Activity sequencing and duration estimation
• Schedule development using Gantt charts
• Resource allocation and leveling

Day 3: Cost Estimating Fundamentals

• Types of cost estimates and their applications
• Cost estimating techniques for different project phases
• Developing budget estimates and cost baselines
• Cost risk analysis and contingency planning

Day 4: Advanced Scheduling and Cost Control

• Schedule compression techniques
• Cost-loaded schedules and cash flow projections
• Earned Value Management (EVM) principles
• Performance measurement and forecasting

Day 5: Project Recovery and Optimization

• Schedule and cost variance analysis
• Developing project recovery plans
• Optimizing project schedules and budgets
• Best practices in project planning and control

Practical Wins for Participants

• Create accurate project schedules using critical path method
• Develop reliable cost estimates for different project phases
• Implement earned value management for effective project control
• Design strategies for project recovery and optimization