Master Project Planning, Scheduling & Cost Estimation

Course Description

This comprehensive 5-day course equips participants with advanced skills in project planning, scheduling, and cost estimation. Attendees will learn to develop robust project plans, create accurate schedules, and estimate costs effectively. The course combines theoretical knowledge with practical applications to enhance project management capabilities.

Learning Objectives

• Master techniques for creating detailed project plans and work breakdown structures
• Develop proficiency in critical path method (CPM) and resource-loaded scheduling
• Learn advanced cost estimation methods for accurate project budgeting
• Understand how to integrate scope, schedule, and cost baselines
• Gain skills in risk assessment and mitigation strategies for project plans

Course Modules

Day 1: Foundations of Project Planning

• Introduction to project planning principles
• Developing comprehensive work breakdown structures
• Scope definition and management
• Stakeholder analysis and communication planning

Day 2: Advanced Scheduling Techniques

• Critical path method (CPM) and network diagramming
• Resource allocation and leveling
• Schedule optimization and compression techniques
• Using scheduling software effectively

Day 3: Cost Estimation and Budgeting

• Cost estimation methodologies and best practices
• Developing accurate project budgets
• Cost-loaded scheduling techniques
• Earned value management principles

Day 4: Risk Management in Planning

• Identifying and assessing project risks
• Quantitative and qualitative risk analysis
• Developing risk response strategies
• Integrating risk management into project plans

Day 5: Plan Integration and Control

• Integrating scope, schedule, and cost baselines
• Change control processes and baseline management
• Performance measurement and reporting
• Project recovery strategies and re-planning techniques

Practical Wins for Participants

• Ability to create comprehensive, realistic project plans
• Skills to develop accurate schedules and budgets
• Techniques for effective risk management in project planning
• Methods for integrating and controlling project baselines