Executive Master in Strategic Finance and Business Leadership

Course Title:  Time & Cost Control

Course ID:   261207 0101 1208Proj

Course Dates :          07/12/2026            Course Duration :   5   Studying Day/s  Course Location: London,   United Kingdom

Language:  Bilingual

Course Category:  Professional and CPD Training Programs

Course Category:          Financial Planning & Control Operational Excellence Performance Management Professional Practice & Standards Strategic Management 

Course Certified By:

  Projacs Academy & LondonUni - Executive Management Training


* Professional Training and CPD Programs
Leading to:
Executive Diploma Certificate
Leading to:
Executive Mini Masters Certificate
Leading to
Executive Masters Certificate

Certification Will Be Issued:  From London, United Kingdom


Course Fees: 

VAT may vary depending on the country where the course or workshop is held.

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Course outlines

Course

 Time & Cost Control

Outlines

Executive Master in Strategic Finance and Business Leadership

Course Information

Introduction

This course teaches practical methods to keep projects on schedule and on budget. You will learn how to measure progress, forecast outcomes, and take corrective action before problems escalate. The content links scheduling, cost data and change control so decisions reflect real project status. Exercises use real formats and tools you can apply immediately on live projects.

Objectives

1. Calculate and interpret Earned Value metrics (EV, PV, AC, CPI, SPI) and produce clear performance reports.
2. Build integrated time-cost baselines using resource-loaded schedules and budgeted cost accounts.
3. Prepare justified forecasts (EAC, ETC) and short-term lookaheads to support decision making.
4. Implement change-control workflows that trace scope changes to schedule and cost impacts.
5. Identify schedule and cost risks early and apply mitigation actions to reduce their effect on delivery.

Who Should Attend?

1. Project Managers responsible for delivery and budget decisions.
2. Project Controls Engineers and Cost Controllers who prepare reports and forecasts.
3. Schedulers / Planning Engineers who maintain resource-loaded schedules.
4. Commercial Managers and Contracts Administrators who manage change orders and claims.
5. PMO Analysts and Program Managers who consolidate portfolio-level time and cost data.

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Post-assessment
If Applicable:
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

Daily Schedule (Monday to Friday)
- 09:00 AM – 10:30 AM Technical Session 1
- 10:30 AM – 12:00 PM Technical Session 2
- 12:00 PM – 01:00 PM Technical Session 3
- 01:00 PM – 02:00 PM Lunch Break (If Applicable)
- Participants are expected to engage in guided self-study, reading, or personal reflection on the day’s content. This contributes toward the CPD accreditation and deepens conceptual understanding.
- 02:00 PM – 04:00 PM Self-Study & Reflection

Please Note:
- All training sessions are conducted from Monday to Friday, following the standard working week observed in the United Kingdom and European Union. Saturday and Sunday are official weekends and are not counted as part of the course duration.
- Coffee and refreshments are available on a floating basis throughout the morning. Participants may help themselves at their convenience to ensure an uninterrupted learning experience Provided if applicable and subject to course delivery arrangements.
- Lunch Provided if applicable and subject to course delivery arrangements.

Course Outlines

Week 1
Day 1

Time and Cost Control Fundamentals
- Understanding the relationship between project time and cost
- Linking schedules, budgets and project performance
- Identifying key elements of effective project controls

Project Baselines
- Developing integrated time and cost baselines
- Understanding scope, schedule and budget relationships
- Establishing control reference points

Resource-Loaded Scheduling
- Understanding resource-loaded schedules
- Linking resources with project activities
- Supporting accurate project forecasting

Day 2

Earned Value Management Fundamentals
- Understanding Earned Value concepts
- Applying Planned Value (PV), Earned Value (EV) and Actual Cost (AC)
- Interpreting project performance information

Performance Measurement
- Calculating CPI and SPI indicators
- Analysing cost and schedule performance
- Preparing performance reports

Project Forecasting
- Developing project forecasts
- Understanding Estimate at Completion (EAC) and Estimate to Complete (ETC)
- Supporting informed project decisions

Day 3

Cost Control Practices
- Monitoring project costs
- Identifying cost variances
- Developing corrective actions

Schedule Control Practices
- Monitoring project progress
- Identifying schedule delays
- Developing recovery approaches

Integrated Time and Cost Analysis
- Connecting schedule and cost information
- Evaluating project impacts
- Improving control decisions

Day 4

Change Control Management
- Understanding the impact of scope changes
- Establishing change-control workflows
- Tracking schedule and cost implications

Risk Management for Time and Cost
- Identifying project time and cost risks
- Assessing potential impacts
- Developing mitigation actions

Decision Support and Reporting
- Preparing management reports
- Communicating project status effectively
- Supporting stakeholder decisions

Day 5

Time and Cost Control Application
- Applying control methods to workplace project scenarios
- Developing practical project control approaches
- Improving project delivery capability

Project Control Improvement
- Reviewing time and cost management practices
- Identifying improvement opportunities
- Supporting continuous project performance

Review and Action Planning
- Reviewing time and cost control tools and frameworks
- Preparing a personal implementation or development plan
- Course review, feedback and implementation planning