Project Planning, Scheduling & Control
Project Planning, Scheduling & Control
OBJECTIVES
- Establish project goals and objectives that are directly linked to stakeholders’ needs
- Develop and use work breakdown structures
- Develop realistic and measurable objectives to ensure positive results
- Estimate project time and costs using proven techniques
- Establish a project control system and monitor progress
- Use a practical, step-by-step process to manage project risk
- Identify threats and opportunities to your project, and weigh their relative value
- Identify and overturn the psychological barriers to risk in stakeholders
WHO SHOULD ATTEND?
- Programme managers
- project managers
- project team members from Members of Process Improvement Teams
- Administrators responsible for managing projects
- Technical professionals and engineers moving into project leadership
COURSE OUTLINE
DAY 1 – Foundations of Project Management
- What is a “project”?
- What is project management?
- Managing the triple constraints
- The life cycle of a project
- Who are the stakeholders?
- What are the project manager’s responsibilities?
- Project Initiation
- What is the role of senior management?
- The project charter
- Conducting a Needs Assessment
- Project selection considerations
- Benefit/cost ratio
- Present value and net present value
- Management by objectives
- Developing Requirements
DAY 2 – Project Planning
- Scope definition
- Developing the Work Breakdown Structure
- Estimating the work
- Basic rules of estimating
- Types of estimates types and levels of estimating
- Budget
- Definitive
- Top-down vs. bottom-up
- Order of magnitude
- Estimating methodologies
- Identifying costs
- Resources
- Materials
- Direct and indirect costs
- Inclusion of risk
- Time-controlled estimates vs. resource-limited estimates
DAY 3 – Scheduling the work
- Network scheduling
- Validating schedules
- Precedence relationships
- Basic scheduling and network calculations
- Finding the critical path
- Imposed constraints
- The Gantt chart
- Milestones
- Making up time in the Schedule
- Procurement planning
- Communication planning
- Quality planning
DAY 4 – Risk Management Planning
- The Basic Foundations of Risk Management
- Definition and elements of risk
- Types of risk
- Threats and opportunities
- Components of risk management
- Determining risk tolerances
- Risk management Planning
- Risk identification
- Risk qualification
- Risk quantification
- Risk analysis and Prioritization
- Analyzing risks
- Evaluating profitability
- Financial tools and techniques
- Decision trees and expected-value analysis
- Prioritizing risks
- Risk response Planning
- Risk response strategies for threats
- Avoidance
- Mitigation
- Transference
- Acceptance
Risk response strategies for opportunities
- Pursue
- Enhance
- Ignore
- Risk response control
- Executing the risk strategies
- Contingency plans and workarounds
- Reassessing risk
DAY 5 – Project Implementation
- Project Baselines
- Establishing baselines
- Types of baselines
- The “S” curve (cumulative cost curve)
- Evaluation and Forecasting
- The process of control
- Establishing a monitoring system
- Controlling costs and schedule during the project
- Sunk costs
- Earned value
- Causes of variances
- Project audits
- Dealing With Changes to the Project Plans
- Sources of change
- Screening and evaluating changes
- Updating the project plan
- Communicating change
- Project Closeout
- Scope verification
- Customer acceptance
- Administrative closure
- Contract closeout
- Lessons learned