Schedule and Cost Control

OVERVIEW Schedule and cost are the focus of this post, and the terms activity and work elements are synonymous. Schedule and cost (budget) are two of the major legs of the project constraint polygon. Without the schedule and budget baselines plans, one does not know where the project stands relative to planned schedule progress or planned budget performance. This course will explain about the project control cycle, how to prepare cost & schedule baseline, measurement and analyze cost/schedule performance, managing influencing factors impacting final completion and cost of the project, and how to take preventive actions prior to occurrence of unnecessary costs. OUTLINE

• Procedures for Establishment of Cost & Schedule Baseline Plan
• Monitoring, Tracking of Cost and Schedule Progress
• Change Control System
• Cost and Schedule Reporting and Analysis
• Schedule Control Measures
• Cost Control Measures (related to Direct Material Cost – Direct Labor – Indirect – Subcontract – and Overheads)

TRAINING METHOD Presentation Discussion Case Study Post Test Evaluation FACILITY Training Kit Handout Certificate Lunch + 2x Coffee Break Souvenir Pick Up Participants