23 - 27 Dec 2024
Kuala Lumpur (Malaysia)
Hotel : Royale Chulan Kuala Lumpur
Cost : 5250 € Euro
Project Planning and Scheduling is one of the most important activities for a Project Manager when starting and managing any type of project. Many mistakes are made during the first few weeks shaping the project scope, leading up to a plan and a schedule. During my career as Project Manager and Manager of Project Management Offices, I have come across many emerging and junior Project Managers who were lacking the initial understanding of what was important for the lead up to building a schedule.
Additionally, the seminar does not assume prior knowledge of the topics covered in the course. New concepts and tools are introduced gradually to enable delegates to progress from the fundamental to the advanced concepts of project risk management.
The Benefits
This Fundamental Program takes the practice of project planning, scheduling to a new level to ensure maximum results
The most recent developments in the field are included to provide fresh inputs to your project management efforts
The course takes a practical rather than a theoretical approach by introducing a case study so that new skills can be applied with immediate effect
High-quality videos of substantial projects of different kinds are screened and discussed during the seminar
Group activities and exercises will ensure mastery of the practical application of new skills learned
The use of software programs to facilitate the incorporation of many advanced techniques are introduced
Related project management fields such as risk are continuously incorporated to provide an integrated view of the total project management process
Delegates will have excellent opportunities for interaction and discussion of best practices at their respective organizations
This course will equip delegates with the skills and knowledge to significantly improve all levels
The program will be an important stepping stone in terms of personal career development in that it prepares delegates for the internationally recognized Project Management Professional (PMP) exam
The Results
This intensive seminar will provide delegates with a proven set of critical skills and techniques for the development of a systematic and dynamic project plan and schedule, as well as the ability and skills to develop accurate and reliable conceptual and detailed estimates used for project proposals and final estimates. This will enable delegates to:
Maintain continuous project performance and delivery control
Accurately estimate and allocate project costs and resources
Measure, forecast, and control project performance by employing earned value techniques
Compressor accelerate the schedule when required by adverse circumstances
Manage and mitigate schedule, cost, scope, and resource risks associated with the project
Develop a line of balance schedules and velocity diagrams for repetitive or recurring work
Benefit from the financial effects of the learning curve on recurring work
Develop a project recovery plan for budget and schedule overruns
Produce clear and concise project progress reports
Prepare budget estimates that will enable the owner-organization to make informed decisions as to the feasibility of a potential project
Compare the costs of alternative strategies or technical approaches to ensure the most economical project at the desired level of quality
Structure of the contract compensation arrangement to provide the highest level of incentives to complete the project on schedule and within the determined budget
Keep accurate control of the progressive budgeting process based on the various stages of design
Prepare accurate budget estimates through the programming phase, the schematic design phase, and finally the design development phase
Understanding the most appropriate contracting structure to ensure the desired project results
Apply proper risk analysis to effectively mitigate risks at minimal costs, and to determine appropriate contingencies for residual risks
Obtain the skills required to prepare and manage the bidding process
This course is designed for project planning engineers, project cost estimators, project designers, project planners and schedulers, contract professionals, project procurement and purchasing staff, and project control and business services professionals who have the responsibility for project proposals in client and contracting companies.
Ability to deliver projects on time and within budget.
Understanding of what it takes to be a successful project manager.
Skill and confidence to plan and control projects successfully and the ability to sidestep the most common project management pitfalls and problems.
Appreciation of the philosophy, framework, standards and approaches to the delivery of the projects.
Understanding and practicing effective project management techniques in successfully completing and handing over projects.
Developing an initial project budget for the owner
Determining project feasibility
Designing the project within the owner's budget
Evaluating alternative design concepts and project components
Preparing bids
Establishing project budgets
Substantiating claims and resolving disputes
Preparing a Schedule of Values
Day (1) Project Scope Planning and Definition (Fundamentals)
Scope Planning
Work Breakdown Structures (WBS)
Work Packages
Statement of Work (SOW) - Technical Baseline
Scope Execution Plan
Triple Constraints - Time, Cost, Scope
Project Quality Issues
Project Risk Analysis
Project Deliverables
Resource Requirements
Day (2) Project Schedule Planning and Critical Path Method
Precedence Network Diagramming
Job Logic Relationship Chart
Critical Path Analysis
Project Float Analysis
Lead and Lag Scheduling
Activity Duration Estimation
Milestone Charts
Gantt Chart - Schedule Baseline
Project Estimating Processes
Resource Allocation and Resource Levelling
Management of Resources
Planning and Scheduling Limited Resources
Resource Allocation Algorithms for Resource Prioritisation
Solving Resource Contention
Resource Levelling when Project Duration is Fixed
The Brooks Method of Resource Allocation
Increasing the Workforce
Solving Interruptions to the Schedule
Scheduling Overtime
Day (3) Accelerating the Project Schedule
Circumstances Requiring Project Acceleration
Time-Cost-Scope Trade-off
Project Time Reduction
Direct Project Costs
Indirect Project Costs
Options for Accelerating the Schedule
Crashing the Schedule - How?
Pre-Accelerated Schedule
Developing a Crash Cost Table
Acceleration in Practice
The Optimal Acceleration Point
Gantt Chart for Accelerated Schedule
Network Activity Risk Profiles
Additional Considerations
Multiple Critical Paths
Project Cost Reduction
Project Contingency Planning
Program Evaluation and Review Technique (PERT)
Path Convergence Analysis
Solving the Path Convergence Problem
Network Risk Profile Types
Normal Distribution
PERT, Probability and Standard Deviation Formulae
Calculating the Standard Deviation
Standard Deviation for Critical Path
Z-Values: The Probability of Project Completion at a Required Date
True Critical Path
Network Activity Risk Profiles
Day (4) Line of Balance Scheduling - The Planning of Recurring Activities
Preparing a Line of Balance Schedule
Velocity Diagrams and Linear Scheduling
Velocity Diagram Production Rate Calculations
Linear Sequence of Activities as a Series of Velocity Diagrams
Balancing the Schedule
Calculations for a Line of Balance Schedule
Line of Balance Formulae
Target Units per Week
Determining Crew Size
Actual Rate of Output
Time to Complete One Activity
Elapsed Time for Recurring Activity
The slope of Line from Activity Start to Activity Finish
Balanced Project Schedule without Buffers (Finish-Start)
Inserting Buffers
Comparison of Unbalanced with Balanced Schedules
Measuring Planned Progress on Schedule
Velocity Diagram Reflecting Expected Conditions
Actual Progress and Work Conditions
Variable Conditions
Day (5) Project Execution Management, Control, and Reporting
Progress Tracking and Monitoring
Project Cost Management
Earned Value Control Process
Schedule Variances
Cost Variances
Progress Control Charts - Trend Analysis
Schedule and Cost Variance Forecasting
Labour Management and Cost Control
Materials Management and Cost Control
Earned Value Analysis
Earned Value Reporting
Project Recovery Plan Development
Schedule Performance Index (SPI)
Cost Performance Index (CPI)
Setting Schedule and Cost Control Limits
Project Recovery Data Assessment
Schedule and Cost Recovery Analysis
Schedule and Cost Recovery Plan
Project Recovery Baselines and Controls