Schedule and Cost Control

This instructor-led course provides participants with real world tools to manage the complex problems surrounding schedule and cost management. Students will learn a variety of tools and techniques to see what works and what does not in the real world of project management.

The courses discusses the details of the processes required to manage timely completion of the project.

It also includes the processes involved in estimating, budgeting and controlling costs so that the project can be completed within the approved budget.

Available PDUs for this Course Series: 14

By completing this course series, you will earn 14 PDUs.

Available CEUs* for Course Series Completion: 14

By completing this course series, you can earn up to 14 CEUs.

(*CEUs are entirely dependent on the organization you are applying)

Please note: Candidates do not require to have the certification to complete this course, however the certificate is required in case the candidates are looking forward to sit in the exam or earn PDUs.

PMI, Project Management Institute, Project Management Professional (PMP), PMP, Certified Associate in Project Management (CAPM), CAPM, PMI Agile Certified Practitioner (PMI-ACP), PMI-ACP, PMI Risk Management Professional (PMI-RMP), PMI-RMP, PMBOK, PgMP, PULSE OF THE PROFESSION, THE PMI TALENT TRIANGLE and The PMI REP Logo are registered marks of the Project Management Institute, Inc.

Course Curriculum

Introduction

Introduction (0:09)

Course Introduction (1:33)

Agenda (0:59)

Section 01 - Quick PM Review

Quick PM Review (0:23)

The PMI-SP Process (12:19)

The PMI-SP Exam (2:23)

The Basics of PM (0:39)

The Five Process Groups (3:00)

The Basics of PM: The Process (3:45)

The Ten Knowledge Areas (1:10)

Chapter 01 Quiz

Section 02 - Time Management

Time Management (0:12)

Time Management Introduction (0:41)

6.1 Plan Schedule Management Part1 (0:55)

6.1 Plan Schedule Management Part2 (2:03)

6.2 Define Activities Part1 (1:35)

6.2 Define Activities Part2 (2:20)

6.3 Sequence Activities Part1 (0:35)

6.3 Sequence Activities Part2 (1:50)

6.4 Estimate Activity Resources (4:08)

6.5 Estimate Activity Duration Part1 (1:11)

6.5 Estimate Activity Duration Part2 (4:09)

6.6 Develop Schedule Part1 (0:37)

6.6 Develop Schedule Part2 (2:29)

6.7 Control Schedule Part1 (0:51)

6.7 Control Schedule Part2 (1:34)

Decomposition (1:01)

Dependencies (0:37)

Types of Dependencies (1:21)

Precedence Diagramming: Finish to (0:43)

Precedence Diagramming: to (0:52)

Precedence Diagramming: Finish to Finish (0:38)

Precedence Diagramming: to Finish (1:09)

Conditional Diagramming (4:39)

SCHCC_02.01.22 (4:14)

SCHCC_02.01.23 (1:55)

Bottom-Up Estimating (1:16)

Analogous Estimating (0:54)

Expert Judgment for Estimating (1:32)

Parametric Modeling Estimating (1:20)

Program Evaluation & Review Technique (PERT) Part1 (4:11)

Program Evaluation & Review Technique (PERT) Part2 (2:43)

Resource Considerations (1:49)

Schedule Creation (1:44)

Chapter 02 Quiz

Section 03 - Critical Path Method

Critical Path Method (0:16)

CPM Basics Part1 (0:40)

CPM Basics Part2 (0:28)

Critical Paths in Network (2:24)

Each Task (1:24)

Critical Path Model Part1 (0:09)

Critical Path Model Part2 (6:14)

Constraints (3:55)

Resource Leveling (3:59)

Simulation (4:40)

Simulation Advantages & Disadvantages (1:40)

Duration Compression (2:31)

Chapter 03 Quiz

Section 04 - Basic Cost Management

Basic Cost Management (0:14)

7.1 Plan Cost Management (0:48)

7.2 Estimate Cost (4:50)

7.3 Determine Budget (2:38)

7.4 Control Costs (2:07)

Types of Cost Estimating (0:26)

Bottom-Up Cost Estimating (0:12)

Analogous / Top Down Estimating (0:26)

Parametric Cost Estimating (0:40)

Types of Project Costs (3:27)

Accuracy of Estimates (1:42)

The Cost Baseline (1:28)

Total Project Budget (0:42)

Chapter 04 Quiz

Section 05 - Introduction to Earned Value

Introduction to Earned Value (0:31)

Intro to Earned Value Graphs Part1 (0:30)

Intro to Earned Value Graphs Part2 (3:04)

Basic Terms (4:06)

Variances and Performance Indexes (2:06)

Basic Formulas Part1 (0:30)

Basic Formulas Part2 (2:05)

Analysis Part1 (0:14)

Analysis Part2 (0:32)

Analysis Part3 (1:43)

Forecasting - ETC (3:01)

Forecasting - EAC (1:00)

Forecasting - TCPI (1:44)

Forecasting - ETTC (1:42)

Forecasting – Other Calculations (1:58)

Cumulative Cost Curve Part1 (1:47)

Cumulative Cost Curve Part2 (1:38)

EV Performance Part1 (1:11)

EV Performance Part2 (0:46)

Chapter 05 Quiz

Section 06 - Critical Chain Management

Critical Chain Management (0:40)

Section Objectives (0:44)

The Current Management Paradigm (2:10)

Current Project Schedules (0:11)

Project Schedules Part1 (10:54)

Project Schedules Part2 (0:25)

Project Schedules Part3 (1:53)

Project Schedules Part4 (0:48)

Project Schedules Part5 (0:34)

The Results (1:05)

What Else Can You Do? (0:34)

Overestimate AKA Pad the Schedule (0:15)

Management’s Response (0:18)

Resources (0:46)

A New Paradigm Part1 (2:45)

A New Paradigm Part2 (1:02)

The Theory of Constraints (1:22)

Theory of Constraints Meets Project Management (0:54)

Critical Chain Step1 (1:58)

Critical Chain Step2 (1:25)

Viable Schedules Part1 (1:47)

Viable Schedules Part2 (1:01)

Dependencies (2:17)

Possible Paths Part1 (1:34)

Possible Paths Part2 (0:36)

Possible Paths Part3 (0:21)

People on the Critical Chain (1:04)

Resource Buffers (2:04)

Project Buffers (3:15)

Feeding Buffers Part1 (0:51)

Feeding Buffers Part2 (1:08)

Critical Chain Project Management (1:09)

Original Duration Estimate (0:17)

Measures (0:46)

Critical Chain Project Management conti (1:43)

Critical Chain Project Management conti (0:59)

Some Key Ideas (1:14)

Chapter 06 Quiz

Section 07 - Other Cost Calculations

Other Cost Calculations (0:30)

Present Value (PV) (1:45)

Net Present Value Calculation (1:55)

Net Present Value (NPV) (1:33)

Future Value Calculation (0:55)

Internal Rate of Return (IRR) (4:26)

Return On Investment (ROI) (0:48)

Payback Period (2:02)

Benefit Cost Ratio (BCR) (1:23)

Opportunity Costs (OC) (2:01)

Depreciation (3:52)

Common Depreciation Conventions Part1 (4:09)

Common Depreciation Conventions Part2 (0:31)

Straight Line Depreciation (0:52)

Depreciation Examples (1:22)

Depreciation Examples UP/O (0:38)

Double Declining Balance (DDB) (1:41)

Sum of the Years Digits (SYD) (3:12)

Chapter 07 Quiz

Course Closure (0:34)

Does this course prepare me for Project Management Institute (PMI) exams?

This course will help prepare you for the PMI Project Scheduling Professional (PMI-SP)® certification exam.

Are your Project Management courses certified by PMI? Can I earn PDUs?

Yes! All of our Project Management courses are certified by PMI, and you can earn PDUs for completing them. PDU amounts are listed in the course descriptions.

Is there a practice exam included with this course?

Yes. This course comes with a very extensive practice exam that will fully prepare you for the types of questions you'll find on the 70-740 exam.

Is the exam fee included in my purchase price?

No. You'll need to purchase access to exam 70-740 separately from this course.

Who is the Instructor for this course?

All of our instructors are highly certified in their field, and have earned this specific certification. We require a minimum of 15 years real world experience in any field our instructors teach.

Do you offer course completion certificates?

Upon successful completion of this course you will be awarded a personalized certificate of completion.

What if I am unhappy with the course?

We would never want you to be unhappy! If you are unsatisfied with your purchase, contact us in the first 30 days and we will give you a full refund.

How long do I have access to the course?

After enrolling, you will have unlimited course access for 12 months.

When does the course start and finish?

This is a completely self-paced online course - you decide when you start and when you finish.

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