Time and Money are two of the most precious commodities in organisational life and are often two of the key success criteria for projects. Both are often subject to strict and/or tight limits. Neither of them do you get back once they’re gone. This Project Management training Workshop focuses on how to deliver comprehensive reliable plans with time and cost estimates that gives the owner or sponsor of projects, high levels of confidence for project delivery. In addition, the plans need to be realistic with a full view of any risks faced during and after the project lifecycle.

The decision to proceed with a project is based on early, high level conceptual estimates. However, these can be wide ranging and therefore more detailed estimates need to provide the basis for the cash flow projections and schedule forecasts.
You will learn how to deal with the uncertainty of estimates, both proactively and reactively, through risk and issue management techniques respectively.

This training will include:

  • Estimating timescales, costs and resources for project work, 
  • Understanding the different types of estimates used to give confidence and progressively estimate project costs and schedule
  • Determining the overall project schedule and cost plan
  • Applying risk management techniques and Identifying risk sources and minimize their impact and learn how to sustain project momentum
  • Monitoring and analyzing project timescale and cost performance
  • Derive corrective actions to maintain the integrity of project limits
  • Gaining knowledge of techniques used in project estimating, from the conceptual stage to the final detailed estimate
  • Developing effective performance monitoring and control systems
  • An integrated approach to scope, time, resources and cost management into a dynamic and manageable model 

Impact to you and your Organization:

  • Confidently estimate project timescales and costs with appropriate resource management plans
  • Identify, assess and manage schedule, cost, scope, and resource risks
  • Understand project performance and control
  • Measure, forecast and control project performance by employing earned value techniques
  • Develop a project recovery plan for budget and schedule overruns

Who should Attend
This training Seminar is suitable for a wide range of professionals but will greatly benefit:

  • Existing Project Managers
  • New Project Managers
  • Project Management Team Members
  • Project Team Members
  • Project Estimators
  • Project Finance Professionals

Compressed  Key Topic, (Please contact us for a full Program Outline)

Project Estimating Basics
Developing Project Budget & Schedule Control
Managing the Risk
Measuring Project Performance
Managing and Recovering Project Estimates

Amongst a wide range of valuable topics, the following will be prioritized:

  • The basics of project estimating
  • Estimating methods at different stages of the project
  • Deriving the project time-limited schedule
  • Deriving the project cost-limited plan
  • Identifying and analysing risks
  • Establishing proactive methods to manage uncertainty
  • Measuring project schedule and cost performance
  • Analyzing schedule and cost variances and their impact
  • The issue management process
  • Deriving reactive methods to manage schedule and cost impacts

Project Scheduling & Cost Planning Skills​​
 Project Estimation & Planning for Your Organisation 

also available for 10 day training courses and 2 to 3 days In-House 

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Out of Safety for all our Clients, All our Courses are available for Live Online Training 


Pioneers in Global Leadership and Quality Management 

Also available for 2 to 3 day durations as well as 10 to 30-day training durations In-House and Live online

Reach us today via email, ​WhatsApp, our website Chat system below or ​Simply leave us a Message on the Chat system and we'll get back to you

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