COURSE OBJECTIVES
At the end of this program, participants will be able to:
- Gain knowledge of techniques for resource planning and control.
- Understand time-cost trade-offs and manage project documentation and reporting.
- Identify sources of risk and develop effective performance monitoring and control systems.
- Create project network diagrams for CPM and advanced PERT calculations to identify schedule and cost risks.
- Explore strategies for time-cost trade-offs and risk minimization.
- Administer project documentation and reporting to maintain momentum.
- Implement advanced techniques for project performance and delivery control.
TARGET AUDIENCE
- Project Managers seeking to enhance their skills.
- Cost Estimators aiming for accurate project budgeting.
- Project Schedulers looking to optimise timelines.
- Designers involved in project development.
- Planners focused on effective resource allocation.
- Senior Managers interested in best practices for project management.
- Professionals eager to improve project outcomes and efficiency.
DAY 1: Project Scope Planning and Definition (Fundamentals)
- Scope Planning and Scope Execution Plan.
- Work Breakdown Structures (WBS), and packages.
- Statement of Work (SOW) - Technical Baseline.
- Triple Constraints - Time Cost, Scope.
- Project Quality Issues, Risk Analysis, Deliverables and Resource Requirements.
DAY 2: Project Schedule Planning and Critical Path Method
- Precedence Network Diagramming and Job Logic Relationship Chart.
- Critical Path Analysis and Project Float Analysis.
- Lead and Lag Scheduling and Activity Duration Estimation.
- Milestone Charts and Gantt Chart - Schedule Baseline.
- Production and Productivity Planning with Project Estimating Processes.
DAY 3: Resource Allocation and Resource Levelling
- Efficient Management of Resources and Resource Allocation.
- Planning and Scheduling Limited Resources with Resource Levelling Techniques.
- Prioritising Resources with Allocation Algorithms and the Brooks Method.
- Addressing Resource Contention and Interruptions to the Schedule.
- Increasing Workforce and Scheduling Overtime to Meet Project Demands.
DAY 4: Accelerating The Project Schedule
- Circumstances Requiring Project Acceleration and Time-Cost-Scope Trade-offs.
- Strategies for Project Time Reduction and Direct vs. Indirect Project Costs.
- Options for Accelerating the Schedule and Techniques for Crashing the Schedule.
- Utilising Gantt Charts for Accelerated Schedules and Analysing Network Activity Risk Profiles.
- Considering Multiple Critical Paths and Strategies for Project Cost Reduction.
DAY 5: Project Contingency Planning
- Program Evaluation and Review Technique (PERT) and Path Convergence Analysis.
- Strategies for Solving the Path Convergence Problem and Understanding Network Risk Profile Types.
- Exploring Normal Distribution and PERT Probability with Standard Deviation Formulae.
- Calculating Standard Deviation and its Application to Critical Paths.
- Application of PERT in Estimating Project Duration and Mitigating Risks.
