Schedule and Cost Control

Category
Project Management
Level
Beginner
Lessons
158
Duration
4h 10m 39s
Last Updated: 2018-12-10
This course will begin with a brief project management review, focusing on the basics of PM, the five process groups, and the ten knowledge areas.  

We will then dive into time management and the steps involved to ensure productivity, such as defining activities, sequencing activities, estimating activity durations, developing a schedule, and controlling a schedule. This section also discusses decomposition, dependencies, diagramming, estimations, and Program Evaluation and Review Technique (PERT).

We will then discuss the Critical Path Method (CPM), which is an essential technique in ensuring a timely schedule.

Next, we will learn basic cost management, which helps us in cost estimations and budget making. This will lead us into an introduction to earned value by providing information on terms, formulas, analysis, forecasting, cumulative cost curves, and EV performance.

The following section will describe critical chain management, educating on project schedules, a new paradigm, the theory of constraints, viable schedules, buffers, and more.

Lastly, we will talk about the activities we often use in projects and how we define them. We will go over other cost calculations, including Present Value (PV), Net Present Value (NPV), Internal Rate of Return (IRR), Return on Investment (ROI), Payback Period, Opportunity Costs (OC), depreciation, and more.
This course is brought to you by Experts Exchange, in partnership with Career Academy, who is a PMI® Registered Education Provider (#4058).
PMI, Project Management Institute, Project Management Professional (PMP), PMP, Certified Associate in Project Management (CAPM), CAPM, PMI Agile Certified Practitioner (PMI-ACP), PMI-ACP, PMI Risk Management Professional (PMI-RMP), PMI-RMP, PMBOK, PgMP, PULSE OF THE PROFESSION, THE PMI TALENT TRIANGLE and The PMI REP Logo are registered marks of the Project Management Institute, Inc.
Category
Project Management
Level
Beginner
Lessons
158
Duration
4h 10m 39s
Martin VanDerSchouw
As a Project Management Professional (PMP)®, I currently serve as president & CEO of LookingGlass Development, LLC., a provider of project management tools, training, and consulting. For 3 years I served on Project Management Institute's International Board of Directors as well as PMI®'s Chair of Performance Oversight, Chair of External Relations and Involvement Committee, and Secretary Treasurer. I was included in the “Top 40 under 40” list by the Denver Business Journal and was named PMI®'s 2004 International Business Leader of the Year. Additionally, each year I make 50+ presentations on the topics of leadership, performance management, and program/project management. I’m currently the Colorado State Commissioner for Information Management, governing all IT projects over $500,000.
Martin VanDerSchouwPresident and CEO
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