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EP4MSSC2 Managing Scope, Schedule, and Cost

 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.


About the course


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

Lenght: 2 days

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Where: client office or other location

Schedule: 0800 - 1600

Benefits

Course Outcome

At the end of this course, the participants should be able to:

  • 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

relevant industry

experience 

guaranteed

quality

Day 1

 

SCOPE, SCHEDULE AND COST OVERVIEW

  • Project Management Process Groups

  • Scope

  • Schedule

  • Cost

  • Performance Measurement Baseline (PMB)

  • Managing Project Performance

  • S Curve Analysis

  • Lesson Summary

SCOPE

  • Project Scope Management

  • Product-oriented WBS

  • WBS Dictionary

  • Selecting a project

  • Define project’s WBS

  • Lesson Summary

SCHEDULE

  • Common Scheduling Terms

  • Scheduling Process

  • Critical Path

  • Schedule Assessment Checklist

  • Schedule Compression

  • Define project’s list of activities

Day 2

 

SCHEDULE

  • Define project’s Critical Path

  • Lesson Summary

COST

  • Overview

  • Cost Estimating Process

  • Defining project’s budget

  • Top Down Estimation

  • Bottom Up Estimation

  • Lesson Summary

MANAGING SCOPE, SCHEDULE AND COST

  • Overview

  • Management Reserve

  • Performance Measurement Baseline (PMB)

  • Updating project data

  • Performance Measurement

  • Corrective Actions

  • Change Control

  • Lesson Summary

COURSE SUMMARY

COURSE EXAM

 

 

Course Outline

Language: english or romanian

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Couse Materials:

  • Course manual

  • Planning, controlling template

  •  Project planning guideline

  • Ecostar Plan notebook and pen

Certificate: Certificate of completion

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Course Format:

  • Presentation

  • Class exercises

  • Real case-study selected with attendees

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 Management

  • Shipbuilding

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Why do companies choose Ecostar Plan?

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proven

results

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lessons

learned

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understand real world needs, react fast to trends

post course support

team members certified by Project Management Institute (PMI)

Post Course Support

We understand the importance of embedding the knowledge back in the workplace and this is the ultimate yardstick as to whether the training will be a success or not, that’s why we have created the post-course support.

During the training we are tracking individually the trainee’s progress and at the end we support teams to continue learning and develop skills, when you return the work, you are entitled to schedule a free coaching session with your instructor for help and guidance as you apply your new skills.

What is our post-course support for?

  
  • 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

Trainer: Senior Project Planning & Risk Management Consultant, MSc Engineering & Business Management, PMP® Certified,  experienced in Nuclear, Oil&Gas, Infastructure, etc.

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