Course Description
In this course, you’ll focus on managing the constraints you face in any project: limits on time, human resources, materials, budget, and specifications. Discover proven ways to work within your identified constraints, without letting predefined limits curtail creativity or innovation.
What Do Participants Learn?
- Use the work breakdown structure to develop a network diagram
- Identify, assign, and tabulate resource requirements
- Predict costs and work time using specific levels and estimate types
- Plan for contingencies and anticipate variations
- Predict future project performance based on historical data
- Monitor changes and closes out projects on time
Who Should Attend?
- Managers
- Supervisors
- Executives
- Project Manager
- Anyone who is interested in the field
What Will the Learning Experience Include?
Phase: 1
Introduce
- Comprehensive pre-program activities include:
- Web-based information forms & surveys completed by attendee.
- Direct consultation with the attendee about the expectations.
- During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
- Participants learn from expert trainers who have both academic and business experiences.
- Highly applicable training content & instructive activities for adding depth to training topics.
- **A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Phase: 2
Explore & Practice
Phase: 3
Apply
- Apply & sustain the learning experience by using this ongoing support:
- To ensure participant has new skills or behavior progress.
- Optional, fee-based mentoring & coaching with the trainer.
- Training materials & additional documents (e-books, pdf files, presentations and articles)
- Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
- Participant's Evaluation
- Trainer's Evaluation
Phase: 4
EVALUATE
Section One: Essential Background
- Overview of the project management lifecycle
- The triple constraint
- Planning tools
- Project requirements—a review
Section Two: The Work Breakdown Structure--a Review
- Resource Allocation and Estimating
- Using estimates for scheduling and cost control
- The basic rules for estimating
- Levels of estimating and estimate types
- Top-down vs. bottom-up
- Order of magnitude
- Budget
- Definitive
- Four estimating methodologies
Section Three: Identifying Controllable Costs and Building the Project Resource Pool
- Resource
- Material
- Direct
- Indirect
- Planning for risk with contingency
- Using resources to build estimates
- The responsibility matrix
- Time-controlled estimates
- Resource-limited estimates
Section Four: Scheduling and The Baseline
- Network scheduling
- Validating schedules
- Arrow diagrams and precedence diagrams
- Basic scheduling and network calculations
- Advanced precedence relationships and the critical path
- Alternative constraints
- Gantt and milestone charts
- Establishing baselines
- Understanding types of baselines
- Time-phased distribution of costs
- Cumulative cost curves
Section Five: Managing Change Within the Project, Evaluation, and Forecasting
- The process of control
- Identifying sources of change
- Screening change
- Updating the project plan
- Communicating change
- Causes of variances
- Establishing the “data date” for evaluation
- Controlling costs and schedule late in the project
- Components of the project audit
- Considerations in establishing a monitoring system
- Earned value management
- Advanced earned value management forecasting tools