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Project Time and Cost Management Training for Scientists and Engineers
Project Time and Cost Management Training for Scientists and Engineers provides a
detailed introduction to project time and cost management designed for scientists and
engineers. Learn about tools and techniques for project time and cost estimations,
estimating activity duration, dependencies between activities and resources.
Attendees will learn the necessary tools needed to successfully lead teams in the
environment of constrained resources and constant pressure to produce desired results.
Many large enterprises are affected by constraints on the precious resources of funding and
time. Many projects fail to meet their goals for many reasons, including failure to properly
manage funding and failure to meet schedule. Effective planning and execution of project
elements can be extremely complicated, especially when it must be applied to very
complicated systems.
Learning Objectives
Essential concepts, techniques and methodologies for practical project time and cost
management for scientists and engineers
Skills necessary to effectively manage the schedule and budget of any complex
project
Project schedule and budget status reporting
Recovery techniques to get projects back on track
Tools and methods to effectively define and estimate activities, sequence activities,
resource requirements, schedule and durations
Tools and methods for schedule controls and costs
Effective budget for project costs and control
Procedures, methods and tools to define the critical path to enable you to develop
a realistic project plan, schedule, time and cost management
Skills required to effectively manage the schedule and budget of a project
Key Performance Indicators (KPIs) to achieve success in any any project. with triple
constraints: resources, schedule and budget of a project
Necessary tools to successfully lead a team in the environment of constrained
resources and constant pressure
Tooles to create and develop a robust project budget by rolling up costs
Tools and methods to manage and monitor the project schedule and budget
Earned Value Management (EVM) process and tools to understand schedule and
cost variances
Tools and methods to control the costs of a project aligned to project activities to
meet project goals
Course Agenda
Planning Fundamentals
Project Time and Cost Planning
Project Initiation and Proposals
Project Scope and Task Definition
Systems Approach and Systems Engineering
Systems Development Cycle and Project Conception
Advanced Project Analyses and Scheduling
Cost Estimating and Budgeting
Project Quality Management
Managing Risks in Projects
Project Execution and Control
Project Evaluation
Project Communication, Implementation, and Closeout
Scheduling
Budgeting
Risk analysis
Cost Estimating and Budgeting
Time Estimating and Control
Project Execution and Control
Project Evaluation Communication, Implementation, and Closeout
Project Quality Management
Managing Risks in Projects
Using the PBS and WBS to Plan Projects with Time and Cost Constraints
Budgeting
Funding
Task Management
Management Information Systems
Project Documentation
Methods of Learning
Visual presentations
Textbook
Workshops and discussions
Case studies to demonstrate application of knowledge to real-life scenarios.
Hands-on exercises involving the attendees using practical exercises and best
practices