Project Schedule and Budget Control

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Enrol

Duration

3 days

Delivery mode

Hybrid – In-Person or Online

Location

Simulcast

Capacity

30

Standard price

$3,135.00

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Overview

The success of projects and the project management team is often measured through achieving the targeted projects’ time, cost and scope which have been set or estimated during the initiation of the projects. Therefore, it's critical to know the basic knowledge, tools and techniques for developing a proper project scope, scheduling and budgeting that scope, and finally controlling that schedule and budget over time.

This course introduces attendees to the underlying principles and practice of managing project schedule and budget. It covers the body of knowledge needed for effective management of projects addressing techniques for project planning; project scheduling including critical path method, variations and mitigation techniques; project budgeting including financial analysis; managing resources; project progress reporting and project control such as earned value management. 

 

Course content

Introduction to Project Management 

  • Reviewing project management concepts and frameworks.

Scope Management 

  • Initiation | Scope planning | Scope definition | Scope verification | Scope change control 

Time Management  

  • Activity definition | Activity duration estimating | Activity sequencing | Schedule development | Schedule control 

Critical Path Method  

  • Schedule Network Analysis | Activity of Node | Activity on Arrow 

Project Scheduling Exercise 1 

  • An exercise with a simple scope to reinforce schedule management and CPM. 

Resource Management  

  • Resource Optimisation Techniques | Resource levelling | Resource smoothing | Schedule Compression Techniques (e.g. Crashing) 

Project Resource Management Exercise 2 

  • An exercise with a simple scope to reinforce resource management and resource levelling and smoothing techniques. 

Cost Management  

  • Financial Analysis | Cost Benefit Analysis | Cost estimating | Cost baseline | Budgeting | Cost control 

Project Budgeting Exercise 3 

  • An exercise focused on project cost management, development of cost baseline and project budget. 

Project Control  

  • Earned value management (EVM) | Earned Schedule (ES) 

Project Control Exercise 4 

  • An exercise to reinforce project control techniques such as EVM and ES. 

Project Management Exercise 5 

  • An integrated exercise to reinforce all the concepts and techniques in a logical and sequential manner by applying them to manage a real simple project. 

Learning outcomes

Skills/competencies/knowledge that would be gained through this course:
  • know various techniques for project planning
  • develop project schedule and analyse the critical activities
  • manage and optimise required resources
  • analyse the financial aspects of projects and develop a time-phased project budget.
  • analyse and control the progress of the project over time.

Who should attend

Anyone who needs an understanding of project management, including, but not exclusive to:

  • project and program managers
  • sustainment and acquisition project managers
  • aspiring project managers
  • cost analysts
  • schedule analysts
  • systems engineers
  • technical staff
  • logistics managers
  • capability development staff
  • infrastructure Planners
  • capability managers
  • contract/procurement managers
  • engineers
  • engineering managers
  • business managers
  • procurement officers

Facilitator

Dr Alireza Abbasi

Dr Alireza Abbasi is Director of Postgraduate Studies and Coordinator of Project Management programs at UNSW Canberra. He obtained his PhD in Project Management from the University of Sydney in 2012 before joining the School of Engineering & Information Technology (SEIT) at UNSW Canberra. He also holds a graduate certificate in University Learning and Teaching from UNSW Sydney. His research and teaching interests include project management, management science, information systems management and network science. He has written a book, three book chapters and more than 60 technical journal and conference papers.  

Dr Abbasi has had several appointments and been involved in different projects in IT/Software, oil, education and R&D sectors. He is an active member of several professional bodies including the Australian Institute of Project Management (AIPM), Project Management Institute (PMI), and Australian & New Zealand Academy of Management (ANZAM).

Cancellation policy

Courses will be held subject to sufficient registrations. UNSW Canberra reserves the right to cancel a course up to five working days prior to commencement of the course. If a course is cancelled, you will have the opportunity to transfer your registration or be issued a full refund. If registrant cancels within 10 days of course commencement, a 50% registration fee will apply. UNSW Canberra is a registered ACT provider under ESOS Act 2000-CRICOS provider Code 00098G.