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+966 920007771
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Objectives
At the end of the course, students will be able to:
- Use the Work Breakdown Structure (WBS) to develop a project schedule.
- Calculate schedules using PERT/CPM.
- Identify, assign, and tabulate resource requirements.
- Predict costs and durations using different rules of thumb and estimation techniques
- Develop a time-phased project budget
- Plan for contingencies and anticipate variations
- Predict future project performance based on historical data
- Evaluate project performance using Key Performance Indicators (KPIs) for project management.
Project Management Body of Knowledge PMBOK® Guide areas covered in this program:
- Project Procurement Management
- Project Cost Management
- Project Time Management
- Project Risk Management
Outlines
The course consists of the following modules:
Module 1: Essential Background
Module Objectives
Have a quick understanding of:
- Important concepts and definitions used all over the course.
- Main techniques used in project scoping.
- An overview of projects risk management.
- Main concepts and techniques used in managing bids and contracts.
Module Contents:
- Concepts and Definitions
- Project Scope
- Project Risks
- Bids and Contracts
Module 2: Project Estimation and Scheduling
Module Objectives
Have a clear understanding of:
- The systematic process for project scheduling.
- Network diagrams.
- Different tools for duration estimation and schedule compression.
- The mechanics of activity sequencing that will help in controlling the schedule.
- The PMI® processes for managing project time.
Module Contents:
- Project Scheduling Process.
- How to build the Network Diagram.
- Precedence Diagramming Method.
- Arrow Diagramming Method.
- Estimation Techniques.
- Schedule Development
- Duration compression
- Resource Estimation and Leveling.
- Project Time Management processes
- Workshops
Module 3: Project Budgeting and Cost Control
Module Objectives
Have a clear understanding of:
- Essential financial and economical terms and definitions.
- Cost Estimation and Budgeting Techniques.
- Key Performance Indicators (KPIs) for project management.
- The PMI® processes for managing project cost.
Module Contents:
- Terms and Definitions
- Cost Estimation Techniques.
- Project Budgeting.
- Cost Control
- Earned Value Management (EVM).
- Project Cost Management processes.
- Workshops.
Who Should Attend
- Program Managers and Managers of Project Managers
- Project Managers and other Project Team Members
- Planners and Cost estimators/controllers.
- Customers and other Stakeholders
- Functional Managers with employees assigned to projects.
Duration
5 Days
