Questions? Feedback? powered by Olark live chat software
  Tel: +44 (0)20 3743 2910 Contact Us Now   >

ESI International is now TwentyEighty Strategy Execution

Core Essential Project Management

Scheduling and Cost Control course


Well-articulated course with practical examples which help to better understand the theoretical concepts.

Application Service Manager, ITEC - EVOLEG


Scheduling & cost control course provided by ESI International exceeded my expectations. Thank you!

Chief Accountant, Gabala SC


Everything you need to know as a PM in scheduling and cost control

Project Manager, Global Blue S.A.


After this course all the project management math will look like a simple logic game.

Market Operations Systems, European Central Bank


A well-structured course that provides several insights into pros and cons of various scheduling and cost control techniques. My only criticism is, since the course addressed a predominantly IT audience, it could have been designed to better appeal to IT manufacturing processes and also enriched with case studies from the IT world as opposed to non-IT cases.

Project Manager, Individual


Comprehensive course with effective approach to learn the scheduling and cost control techniques.

Project Manager, Freelance


Fairly happy with the training and found it useful.

Business Analyst, BG Group


A really great course which explains all the rules to monitor a project. All the concepts are clearly explained. A lot of mathematics, but again, everything is clearly described. All the exercises help you to understand what you learnt a few minutes ago.

Software Architect, Bull SA


Dynamic, clearly, with many examples in business practice, very useful and applicable in practice. I have really enjoyed in this course.

Senior Project Manager, Energoprojekt Oprema a.d.


Very Good Course

Project Manager, Ericsson


The course provides opportunities to learn about scheduling and cost control techniques and apply them to ensure that the financial and time constraints on the project are managed better.

Project Manager, Crown Agent


This was the best course I have attended in 2012. It covered 95% of what I do daily in my role.

Project Manager, BP, Angola

Develop effective measures and skills for scheduling and controlling projects.

In this course you will focus on managing the constraints typical of many a project such as; limits on time, human resources, materials, budget and specifications. Learn to master techniques such as estimating, forecasting, budgeting, monitoring, controlling, analysing and reporting costs and interpreting the meaning of earned value data. Learn a sound, logical framework for scheduling and controlling project activities and discover ways to work within the identified constraints without curtailing creativity and innovation.

Is this course for me?

This course is suitable for all Project Managers, particularly those who want to better control time and resource constraints. This is one of ESI’s more advanced courses. It is especially helpful to those who already have a solid grounding in Project Management and want to learn more advanced project tools to take their skills to a new level. This is a key course for those looking to become PMP certified.

What will I learn?

  • Use the work breakdown structure to develop a network diagram
  • Calculate schedules using PERT/CPM
  • Identify, assign, and tabulate resource requirements
  • Predict costs and work time using specific levels and estimate types
  • Plan for contingencies and anticipate variations
  • Predict future project performance based on historical data
  • Monitor changes and close out projects on time

What is included in the price?

Pre-course assessment tools

All Digital Course Materials

Food and Refreshments

Post course reinforcement training

Online tools and templates

Career coach

Does this course help me towards certification/accreditation?

What topics will be covered in the course?

Click an individual topic title to expand/contract it or
Expand All Topics | Contract All Topics

  1. Essential Background
    1. Overview of the project management life-cycle
    2. The triple constraints
    3. Planning tools
    4. Project requirements - a review
    5. The work breakdown structure (WBS) - a review
    6. Challenges in scheduling and cost control
  2. Resource Allocation and Estimating
    1. Using estimates for scheduling and cost control
    2. The basic rules of estimating
    3. Levels of estimating and estimate types
      • Top-down vs. bottom-up
      • Order of magnitude
      • Budget
      • Definitive
    4. Four estimating methodologies
    5. Identifying controllable costs
      • Resource
      • Material
      • Direct
      • Indirect
    6. Planning for risk with contingency
    7. Building the project resource pool
      • Using resources to build estimates
      • The responsibility matrix
    8. Time-controlled estimates
    9. Resource-limited estimates
  3. Scheduling
    1. Network scheduling
    2. Validating schedules
    3. Arrow diagrams and precedence diagrams
    4. Basic scheduling and network calculations
    5. Advanced precedence relationships and the critical path
    6. Alternative constraints
    7. Gantt and milestone charts
  4. The Baseline
    1. Establishing baselines
    2. Understanding types of baselines
    3. Time-phased distribution of costs
    4. Cumulative cost curves
  5. Managing Change within the Project
    1. The process of control
    2. Identifying sources of change
    3. Screening change
    4. Updating the project plan
    5. Communicating change
  6. Evaluation and Forecasting
    1. Causes of variances
    2. Establishing the "data date" for evaluation
    3. Controlling costs and schedule late in the project
    4. Components of the project audit
    5. Considerations in establishing a monitoring system
    6. Earned value
    7. Advanced earned-value forecasting tools
  7. The Exit Strategy
    1. Steps in completing the project
    2. Scope verification
    3. Contract close-out
    4. Administrative closure

Available as customised in-house training

Let us bring our classes to you! Our in-house training are ideal for groups of 10 or more people. We can provide Off-the-shelf training in the form of our classic courses, or we can provide bespoke training, tailored to your organisational goals and objectives. Find out more here.

Why choose us?

What sets us apart from many other training companies is that we guide you through your entire learning journey.  We work together with you to assess your skills gap, map out your individual learning path and offer you the resources to then help you reinforce and adopt new tools and techniques learnt from your training and apply them to your daily work. Find out more.