
Master schedule management by building a realistic schedule using WBS, network diagrams, and critical path methods, balancing scope, time, and resources, and applying tools like Microsoft Project.
Learn to determine and manage a project schedule by evaluating effort, resources, time, and cost, and monitor deviations from estimates through measurement, evaluation, and course correction.
Estimate effort by mapping project size to productivity data and factors like method and team skills. Convert total effort into a realistic schedule with a strategic resource mix and reuse.
Schedule estimates hinge on resource availability, customer acceptability dates, and revised scope, map efforts to the organization baseline, then allocate elapsed time by project phase and assess manpower loading.
Assign resources to each project phase, convert effort to weeks, and build a parallel, week-by-week SDLC schedule. Track progress against estimates to refine the organization baseline through lessons learned.
Decompose the project into a hierarchical work breakdown structure, defining deliverables and work packages to accurately estimate costs and schedules and support progress tracking.
Align cost accounts with the organization breakdown structure and WBS to allocate budgets, roll up costs to departments and sub deliverables, and track actual versus estimated costs.
Learn how to structure a WBS with phases, deliverables, and work packages, using a clear naming convention and roll-up to the final deliverable, plus two-week duration guidelines.
Tie cost accounts to the work breakdown structure to allocate department budgets and roll up sub-deliverables to total project cost; track actuals to reveal cost performance and scope creep risk.
Explore work breakdown structure concepts, including process-centered and deliverables-oriented WBS, SDLC phases, milestones, and the data dictionary that defines work packages with effort, resources, inputs, and risks.
Learn how the work breakdown structure forces detailed task steps, clarifies scope and dependencies, improves schedule and budget accuracy, and builds accountability and ownership for mid to large projects.
In this course, students will explore the critical aspects of project schedule management, learning how to accurately estimate effort, schedule, and costs. The course also delves into the importance of Work Breakdown Structures (WBS) and their practical applications, providing learners with the tools to plan, track, and manage project schedules effectively.
Section 1: Introduction
This section provides a comprehensive introduction to the course, where students will get an overview of project schedule management. The importance of managing schedules effectively for the success of projects will be introduced, along with an outline of the concepts covered in the course.
Section 2: Need for Project Schedule Management
In this section, students will learn why project schedule management is essential for the smooth execution of any project. Lectures will focus on the fundamental steps involved in determining a project schedule, including how schedule management can impact overall project performance and success.
Section 3: Effort / Schedule / Cost Estimation
This section covers the core principles of estimating effort, time, and costs associated with project schedules. Students will gain insights into various estimation techniques, with a focus on how to calculate and balance the effort required, the time needed for project tasks, and the costs that will be incurred throughout the project lifecycle. Additionally, this section will explore resource allocation and the impact of these estimations on project planning.
Section 4: Work Breakdown Structure (WBS)
The WBS is a key tool for project managers in organizing tasks and managing projects. This section will guide students through the concepts of Work Breakdown Structure, including the creation and application of WBS to organize a project into manageable sections. Lectures will cover types of WBS, characteristics, and their benefits, providing practical examples, including a banquet project scenario, to illustrate its application. Students will also learn about process-centered WBS and understand how to create and use WBS effectively in real-world projects.
Conclusion
By the end of this course, students will have a solid understanding of how to manage and estimate project schedules. They will be equipped with the tools to create effective Work Breakdown Structures, ensuring their projects are well-planned, organized, and executed on time and within budget. This course will provide the foundational knowledge needed to manage complex projects and lead teams to success in a variety of industries.