Description

Project Estimating and Scheduling: Virtual In-House Training

Establishing realistic estimates and goals for projects that support business objectives and meet client expectations is one of the most challenging aspects of project planning. Delivering those results within the agreed-upon time, cost, and quality constraints is also challenging.

Attempting to meet impossible deadlines with limited budgets often leads to unplanned product shortfalls, causing long-term support and utilization problems. We have all anguished about this recurring problem, but without having the skills or knowledge to take action, we are unable to break the cycle!

The goal of this course is for you to be able to support business objectives and meet client expectations by selecting the right planning approach for realistic and cost effective schedules, as well as project budgets. To achieve that, you will focus on gaining the necessary knowledge, skills, and techniques.

What You Will Learn

At the end of this program, you will be able to:

Use the work breakdown structure (WBS) as the basis for effective estimating of project resources

Estimate effort and duration using a variety of techniques

Develop preliminary schedules using the critical path method

Apply a variety of optimization techniques to refine preliminary schedules

Establish realistic schedule and cost baselines, with appropriate contingency reserves

Explain how earned value management (EVM) contributes to control time and cost performance

Foundation Concepts

Project management basic definitions and concepts

PES Key driver: competing constraints

PES Process and success factors

Project Definition and the WBS

Project definition overview

Work Breakdown Structure (WBS)

Decomposition: WBS development technique

Resource Planning

Resource planning overview

Identifying resource requirements

Identifying and filling resource gaps

Applying resource planning tools

Effort and Duration Estimating

Estimating overview

Estimating perspectives and approaches

Estimating techniques

Effort and duration estimating best practices

Project Scheduling

Overview of project scheduling

Dependencies and the project network diagram

Critical path method (CPM)

Optimizing the schedule

Budget, Risk, and Contingency Planning

Overview of budget, risk, and contingency planning

Estimating costs

Determining the budget

Project risk management processes

Planning contingency reserves

Project Baseline and Control

Overview of project baseline

Negotiating and the project baseline

Earned value management (EVM)

Project variances and actions

Project control

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Project Estimating and Scheduling: Virtual In-House Training

By IIL Europe Ltd

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