Executive Master in Strategic Finance and Business Leadership

Project Planning, Scheduling & Cost Control Professional – Preparing for PMI-SP Certificate – Certified Program

Course ID:   2501207101002EGI

Course Dates :          20/01/25             Course Duration :   5   Studying Day/s   Course Location: Dubai,   UAE

Language:  Bilingual


Course Category:          Professional and CPD Training Programs


Course Subcategories:   Finance and Accounting Mastery


Course Certified By:  * Projacs Academy


* Professional Training and CPD Programs


Certification Will Be Issued From :  KSA


Course Fees:      £2,906.43

Vat Not Included in the price. VAT may vary depending on the country where the course or workshop is held.

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Executive Master in Strategic Finance and Business Leadership

Course Information

Introduction

Effective project management requires a solid grasp of accounting methods, robust scheduling techniques, and advanced cost control procedures.

This course is meticulously designed for professionals who aim to enhance their skills in integrating accounting principles with project planning and control strategies.

With a particular focus on preparing participants for the PMI Scheduling Professional (PMI-SP) certification, this training delivers a comprehensive understanding of project scheduling, financial planning, and cost control, ensuring participants are equipped to manage projects efficiently and meet organizational goals.

The course delves into essential accounting methodologies, project planning frameworks, and cost control mechanisms, emphasizing real-world applications.

It combines theoretical knowledge with practical tools, preparing professionals to excel in complex project environments and obtain the globally recognized PMI-SP certification.

This course ensures participants acquire the expertise needed to achieve project success and the PMI-SP certification, setting them apart as skilled professionals in the field.

Objectives

By the end of this course, participants will be able to:

Understand and apply key accounting methods and procedures in project environments.
Develop comprehensive project schedules aligned with organizational goals.
Implement advanced cost control techniques to maintain budget integrity.
Prepare effectively for the PMI-SP certification examination.
Utilize modern tools and techniques to enhance project planning and scheduling.
Align project outcomes with organizational financial and operational strategies.

Who Should Attend?

This course is ideal for:

Project managers and coordinators seeking to improve their planning and scheduling skills.
Financial managers involved in project budgeting and cost control.
Professionals preparing for the PMI-SP certification.
Program and portfolio managers aiming to integrate financial controls with project planning.
Engineers, consultants, and project team members responsible for project success.
Professionals in construction, IT, oil and gas, manufacturing, and other sectors managing complex projects.

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
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

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

Daily Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm

Course Outlines

Week 1
Day 1: Fundamentals of Accounting and Project Planning

Overview of Accounting Methods in Project Environments.
Introduction to Project Planning and Scheduling Frameworks.
Key Financial Concepts: Budgeting, Forecasting, and Cash Flow Analysis.
Project Initiation: Setting Objectives and Defining Scope.

Day 2: Advanced Scheduling Techniques

Work Breakdown Structure (WBS) and Activity Sequencing.
Network Diagram Development: Critical Path Method (CPM) and Precedence Diagramming Method (PDM).
Using Scheduling Tools: Gantt Charts and Advanced Software Applications.
Resource Allocation and Optimization Techniques.

Day 3: Cost Control Strategies and Financial Analysis

Introduction to Cost Control Systems and Procedures.
Earned Value Management (EVM) for Project Performance Measurement.
Cost Baseline Development and Management.
Identifying and Mitigating Cost Overruns and Financial Risks.

Day 4: PMI-SP Certification Preparation

PMI-SP Examination Content Outline and Domains.
Key Scheduling Terms and Concepts as Defined by PMI.
Practice Questions and Mock Exams for PMI-SP.
Study Strategies and Tips for Successful Certification.

Day 5: Integration of Planning, Scheduling, and Cost Control

Linking Project Plans with Accounting Systems for Unified Control.
Real-World Case Studies: Successful Project Execution Strategies.
Developing Comprehensive Project Reports and Dashboards.
Final Review and Next Steps: PMI-SP Certification Application Process.