Managing Scope, Schedule and Cost

About the course

Delivering a project within the given constraints as scope, time and cost are fundamental issues for ensuring success. Whether delivering a new gas pipeline, a building or a nuclear plant, all projects require constant monitoring and controlling to meet their objectives. By identifying early warning indicators, you will gain greater insight into potential risk areas and take the necessary corrective actions to keep the project under control.

 

This course provides a structured approach for project planning and control, by going beyond project management fundamentals and applies a variety of techniques to balance the competing demands of monitoring scope, schedule, and cost. It uses industry best practices to teach the latest tools and techniques.

 

Learn how to establish the performance measurement baseline and gain proficiency in the tools and techniques used to compare actual work accomplished against established plans. Determine how best to plan project scope based on stakeholder budget and schedule constraints. Be proactive and in control of your project by implementing cost and schedule management.

Course outcome

  • Understand industry’s best practices in planning and controlling a project

  • Discuss key project scope, schedule, and cost concepts

  • Evaluate a deliverable-based Work Breakdown Structure (WBS) according to the project Scope of Work

  • Validate a project schedule after verifying the Critical Path

  • Evaluate and validate cost estimates

  • Analyze project performance and recommend corrective action

Course outline

Day 1

  • Project Management Process Groups

  • Scope

  • Schedule

  • Cost

  • Performance Measurement Baseline (PMB)

  • Managing Project Performance

  • S Curve Analysis

  • Lesson Summary

  • Project Scope Management

  • Product-oriented WBS

  • WBS Dictionary

  • Selecting a project

  • Define project’s WBS

  • Lesson Summary

  • Common Scheduling Terms

  • Scheduling Process

  • Critical Path

  • Schedule Assessment Checklist

  • Schedule Compression

  • Define project’s list of activities

Day 2

  • Define project’s Critical Path

  • Lesson Summary

  • Overview

  • Cost Estimating Process

  • Defining project’s budget

  • Top Down Estimation

  • Bottom Up Estimation

  • Lesson Summary

  • Overview

  • Management Reserve

  • Performance Measurement Baseline (PMB)

  • Updating project data

  • Performance Measurement

  • Corrective Actions

  • Change Control

  • Lesson Summary

Course format:
       – Clasroom live
       – Presentation
       – Real Case study selected with atendees
       – Exercices

 Lenght: 2 days

Schedule: 8:00-16:00

 Where: Client/ Other 

Language: english/french

Certificate: Certificate of Completion
Trainer: Senior Project Planning & Risk Management Consultant, MSc Engineering & Business Management  PMP® Certified, experienced in Nuclear, Rail, Oil and Gas…

Course Materials:
– Course manual
– Planning, controlling templates
– Project planning guideline
– Ecostar Plan notebook and pen
Who should attend:
– Project Managers
– Engineers and Planners
– Chief Executive Officers
– Finance Managers
– Contracts and Claims Manager
– Project Risk Managers
– Document Controller
– PMO Support Engineer
– Cost Engineers
 In what industries:
– Infrastructure
– Engineering and Construction
– Oil, Gas and Petrochemical
– Nuclear
– Power and Water Utility Plants
– Manufacturing and Industrial
– Government
– Aerospace
– Defense
– Financial Services
– Telecommunication
– Pharmaceuticals
– Environmental
– Shipbuilding

Registration Form

 

What you will get after the training

Course Manual

Certificate of completion

Case studies

Templates

Post course support

  • Access to a local network for participants – continued development of PM skills, providing useful tools & information
  • Access to our monthly meeting – giving students the possibility to stay in touch with the other students trained by Ecostar Plan 
  • Further courses recommendations
  • Proven templates, guidelines

Why Ecostar Plan?

 relevant industry experience

 guaranteed quality

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 proven results

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value

PM Consultants certified by
 the Project Management Institute

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 understand real project needs

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 post course support

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Benefits

According to international studies regarding PM Training results, companies had a 26% overall performance 
improvement 
in 8 areas of project management due to their project management training programmes.

  • Improved stakeholder satisfaction
  • Improved schedule performance
  • Decrease in project failures
  • Increase is risk awareness
  • Improved budget performance
  • Improved productivity
  • Better scope control
  • Human Resources development

Evaluating training and results (ROI of Training)

Ecostar Plan by its experienced trainers is continuously evaluating training performance to show the value that programs have on the company through the following: 
  • Reaction and value of the program
  • Learning and confidence
  • Application and implementation

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