Day 1:
Foundations of Project Scheduling and Planning
Introduction to project lifecycle and key terminology.
Overview of scheduling techniques: CPM, PERT, and Gantt charts.
Identifying dependencies and task sequencing.
Hands-on exercise: Creating a basic project schedule.
Day 2:
Advanced Scheduling and Risk Management
Resource leveling and optimization strategies.
Techniques for identifying and mitigating schedule risks.
Introduction to Monte Carlo simulations for uncertainty analysis.
Case study discussion: Lessons from failed scheduling attempts.
Day 3:
Principles of Cost Estimation and Budgeting
Fundamentals of cost estimation: Bottom-up vs. Top-down approaches.
Applying Activity-Based Costing (ABC) for granular budgeting.
Understanding fixed vs. variable costs in project contexts.
Group activity: Preparing a preliminary project budget.
Day 4:
Monitoring and Controlling Project Performance
Introduction to Earned Value Management (EVM).
Calculating key metrics: SPI, CPI, and TCPI.
Strategies for variance analysis and corrective actions.
Interactive session: Using EVM software for real-time tracking.
Day 5:
Compliance, Reporting, and Strategic Insights
Compliance requirements for financial reporting in projects.
Tools for effective stakeholder communication and reporting.
Leveraging project data for strategic decision-making.
Final assessment and certification ceremony.