Cost Control and Project Scheduling

Name: Cost Control and Project Scheduling
Rating: 4.2 (233 reviews)

Two major aspects for project success

Created byStone River eLearning

Last updated 4/2022

English

What you'll learn

Understanding schedule and cost management
Tools and techniques for schedule and cost management

Course content

4 sections • 163 lectures • 2h 41m total length

Instructor Introduction2:43
Schedule and Cost Control Introduction (1 of 6)0:33
Schedule and Cost Control Introduction (2 of 6)1:26
Schedule and Cost Control Introduction (3 of 6)0:23
Schedule and Cost Control Introduction (4 of 6)0:46
Schedule and Cost Control Introduction (5 of 6)0:56
Schedule and Cost Control Introduction (6 of 6)0:25
Monitoring and Controlling Fundamentals0:18
Objectives0:59
Topic A: Monitoring Fundamentals0:07
Concept: Data, Information, Knowledge, Wisdom Model0:34
Definition: Monitor0:41
Monitor: Collect Project Performance Data0:44
Concept: Performance Data0:56
Monitor: Produce Performance Measures0:43
Concept: Performance Information0:27
Monitor: Generate Project Information0:18
Concept: Performance Reports1:00
Self-Reflection – Disseminate Project Reports0:42
Monitor: Disseminate Project Reports (1 of 2)0:13
Disseminate Project Reports (2 of 2)1:28
Concept: Wisdom0:25
Topic B: Controlling Fundamentals0:41
Definition: Control0:31
Control: Comparing Actuals to Planned1:16
Control: Analyzing Variances1:30
Control: Assessing Trends1:41
Control: Evaluating Possible Alternatives2:35
Self-Reflection – Recommend Appropriate Actions0:59
Recommending Appropriate Actions (1 of 2)0:59
Recommending Appropriate Actions (2 of 2)1:48
Topic C: Pairing Monitoring and Controlling1:15
Monitoring and Controlling (1 of 2)1:29
Monitoring and Controlling (2 of 2)0:30
Monitoring and Controlling Focus (1 of 2)0:25
Monitoring and Controlling Focus (2 of 2)0:47
Concept: Baselines2:02
Exercise 1.1 Distinguish Monitoring from Controlling1:05
Exercise 1.1 Distinguish Monitoring from Controlling Worksheet0:28
Exercise 1.1 Distinguish Monitoring from Controlling Debrief (1 of 2)1:15
Exercise 1.1 Distinguish Monitoring from Controlling Debrief (2 of 2)1:16
Chapter 1 Review1:47
Quiz 1

Schedule Control0:27
Objectives1:00
Topic A: The Basics of Project Metrics0:05
Concept: Project Metrics0:16
Concept: Metric Characteristics (1 of 2)0:31
Concept: Metric Characteristics (2 of 2)0:37
Concept: Types of Metrics2:35
Exercise 2.1 Differentiate Between CSFs and KPIs1:05
Exercise 2.1 Differentiate Between CSFs and KPIs Worksheet0:27
Exercise 2.1 Differentiate Between CSFs and KPIs Debrief (1 of 2)1:28
Exercise 2.1 Differentiate Between CSFs and KPIs Debrief (2 of 2)0:30
Topic B: Schedule-related KPIs0:06
Concept: Key Performance Indicator (1 of 2)0:41
Concept: Key Performance Indicator (2 of 2)0:28
Self-Reflection – Schedule-related KPIs0:33
Concept: Schedule-related KPIs0:38
Schedule-related KPIs: Percent of Work Packages Adhering to Schedule (1 of 2)0:43
Schedule-related KPIs: Percent of Work Packages Adhering to Schedule (2 of 2)0:35
Schedule-related KPIs: Time to Achieve Outcome Value0:38
Schedule-related KPIs: Number of Schedule Baseline Changes2:08
Schedule-related KPIs: Schedule Variance (SV)0:50
Schedule-related KPIs: Schedule Variance Percentage (SV%)1:28
Schedule-related KPIs: Schedule Performance Index (SPI)1:13
Self-Reflection – Schedule-related KPIs Debrief1:15
Topic C: Schedule Control via Key Performance Indicators (KPIs)0:11
Schedule Control - A Case Study (1 of 2)0:42
Schedule Control - A Case Study (2 of 2)1:16
Definition: Control Schedule0:40
Concept: Project Management Methodology (1 of 4)1:48
Concept: Project Management Methodology (2 of 4)2:14
Concept: Project Management Methodology (3 of 4)0:39
Concept: Project Management Methodology (4 of 4)3:03
Project Management Performance Baseline Project Schedule KPIs0:37
Exercise 2.2 Determining Schedule KPIs Using EVM1:22
Exercise 2.2 Determining Schedule KPIs Using EVM Data Sheet (1 of 2)1:01
Exercise 2.2 Determining Schedule KPIs Using EVM Data Sheet (2 of 2)0:22
Exercise 2.2 Determining Schedule KPIs Using EVM Worksheet0:29
Exercise 2.2 Determining Schedule KPIs Using EVM Debrief (1 of 3)2:40
Exercise 2.2 Determining Schedule KPIs Using EVM Debrief (2 of 3)0:55
Exercise 2.2 Determining Schedule KPIs Using EVM Debrief (3 of 3)6:14
Exercise 2.3 Determining Schedule KPIs Using EVM0:58
Exercise 2.3 Determining Schedule KPIs Using EVM Data Sheet0:27
Exercise 2.3 Determining Schedule KPIs Using EVM Data Sheet0:15
Exercise 2.3 Determining Schedule KPIs Using EVM Debrief (1 of 3)1:13
Exercise 2.3 Determining Schedule KPIs Using EVM Debrief (2 of 3)0:32
Exercise 2.3 Determining Schedule KPIs Using EVM Debrief (3 of 3)0:41
Exercise 2.4 Determining Schedule KPIs Using EVM0:45
Exercise 2.4 Determining Schedule KPIs Using EVM Data Sheet0:12
Exercise 2.4 Determining Schedule KPIs Using EVM Worksheet0:18
Exercise 2.4 Determining Schedule KPIs Using EVM Debrief (1 of 3)1:15
Exercise 2.4 Determining Schedule KPIs Using EVM Debrief (2 of 3)0:29
Exercise 2.4 Determining Schedule KPIs Using EVM Debrief (3 of 3)1:42
Chapter 2 Review1:22
Quiz 2

Cost Control0:22
Objectives1:24
Topic A: Cost, Cost Account Codes, and Cost Centers0:11
Self-Reflection – Cost0:30
Definition: Cost0:17
Concept: Cost Accounting0:52
Concept: Cost Account Codes (1 of 2)0:42
Concept: Cost Account Codes (2 of 2)0:34
Concept: Cost Centers (1 of 3)2:00
Concept: Cost Centers (2 of 3)0:40
Concept: Cost Centers (3 of 3)1:02
Concept: Cost Data0:50
Self-Reflection – Cost Debrief0:30
Topic B: Cost-related KPIs0:07
Key Performance Indicator Revisited (1 of 2)0:52
Key Performance Indicator Revisited (2 of 2)0:38
Self-Reflection – Cost-related KPIs0:46
Concept: Cost-related KPIs0:29
Cost-related KPIs: Percent of Work Packages Adhering to Budget (1 of 2)0:25
Cost-related KPIs: Percent of Work Packages Adhering to Budget (2 of 2)0:50
Cost-related KPIs: Cost to Achieve Outcome Value0:54
Cost-related KPIs: Number of Cost Baseline Changes0:42
Cost-related KPIs: Cost Variance (CV)0:35
Cost-related KPIs: Cost Variance Percentage (CV%)1:07
Cost-related KPIs: Cost Performance Index (CPI)0:53
Self-Reflection – Cost-related KPIs Debrief0:42
Topic C: Cost Control via Key Performance Indicators (KPIs)0:13
Cost Control - A Case Study Update 21:19
Definition: Control Costs0:21
Project Management Methodology Revisited (1 of 2)0:52
Project Management Methodology Revisited (2 of 2)1:05
Project Management Methodology Update2:27
Project Management Performance Baseline Project Cost KPIs0:27
Exercise 3.1 Determining Cost KPIs Using EVM1:14
Exercise 3.1 Determining Cost KPIs Using EVM Data Sheet (1 of 2)0:32
Exercise 3.1 Determining Cost KPIs Using EVM Data Sheet (2 of 2)0:23
Exercise 3.1 Determining Cost KPIs Using EVM Worksheet0:12
Exercise 3.1 Determining Cost KPIs Using EVM Debrief (1 of 3)3:08
Exercise 3.1 Determining Cost KPIs Using EVM Debrief (2 of 3)0:40
Exercise 3.1 Determining Cost KPIs Using EVM Debrief (3 of 3)4:03
Exercise 3.2 Determining Cost KPIs Using EVM0:49
Exercise 3.2 Determining Cost KPIs Using EVM Data Sheet0:27
Exercise 3.2 Determining Cost KPIs Using EVM Data Sheet0:24
Exercise 3.2 Determining Cost KPIs Using EVM Debrief (1 of 3)4:35
Exercise 3.2 Determining Cost KPIs Using EVM Debrief (2of 3)0:24
Exercise 3.2 Determining Cost KPIs Using EVM Debrief (3 of 3)1:54
Exercise 3.3 Determining Cost KPIs Using EVM0:46
Exercise 3.3 Determining Cost KPIs Using EVM Data Sheet0:34
Exercise 3.3 Determining Cost KPIs Using EVM Data Sheet0:37
Exercise 3.3 Determining Cost KPIs Using EVM Debrief (1 of 3)1:35
Exercise 3.3 Determining Cost KPIs Using EVM Debrief (2 of 3)1:26
Exercise 3.3 Determining Cost KPIs Using EVM Debrief (3 of 3)0:39
Chapter 3 Review2:13
Quiz 3

Schedule and Cost Control Summary0:33
Course Overview3:02
Concept: Data, Information, Knowledge, Wisdom Model0:34
Definition: Monitor0:28
Definition: Control0:53
Monitoring and Controlling0:38
Concept: Project Management Methodology1:32
Example: Schedule-related Earned Value Management Formulas0:46
Example: Cost-related Earned Value Management Formulas0:22
Concept: Metric Characteristics1:30
Concept: Project Metrics0:41
Concept: Types of Metrics0:37
Concept: Schedule-related KPIs0:27
Concept: Cost-related KPIs0:25
Monitoring and Controlling Focus1:08

Requirements

Some experience in project management.
Familiarity working together with a small or medium sized group or team.

Description

This instructor-led course provides participants with real world tools to manage the complex problems surrounding schedule and cost management. Students will learn a variety of tools and techniques to see what works and what does not in the real world of project management.

The courses discusses the details of the processes required to manage timely completion of the project. It also includes the processes involved in estimating, budgeting and controlling costs so that the project can be completed within the approved budget.

Available PDUs for this Course Series: 7

By completing this course series, you will earn 7 PDUs.

Course Code 4058Z4J0RU; Technical = 7, Strategic = 0, Leadership = 0

To get the certificate, visit our site and provide your details.

Please note: Candidates do not require to have the certification to complete this course, however the certificate is required in case the candidates are looking forward to sit in the exam or earn PDUs.

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.

Who this course is for:

Anyone interested in learning about project schedule and cost
Anyone interested in Project Management

Cost Control and Project Scheduling

What you'll learn

Explore related topics

Course content

Chapter 1 - Monitoring and Controlling Fundamentals42 lectures • 41min

Chapter 2 - Schedule Control53 lectures • 55min

Chapter 3 - Cost Control53 lectures • 52min

Schedule and Cost Control Summary15 lectures • 14min

Requirements

Description

Who this course is for: