APPLIED PROJECT CONTROL AND COST MANAGEMENT

Module 1: Fundamentals of Project Controls

• Introduction to Project Controls
• Importance of Project Scheduling and Cost Management
• Key Principles of Effective Project Control
• Project Life Cycle and Control Integration

Module 2: Cost Estimation and Budgeting

• Techniques for Accurate Cost Estimation
• Developing and Managing Project Budgets
• Budget Baselines and Cost Allocation
• Managing Contingencies and Reserves

Module 3: Scheduling and Time Management

• Creating Effective Project Schedules
• Critical Path Method (CPM) and Gantt Charts
• Monitoring and Updating Project Schedules
• Tools and Software for Scheduling

Module 4: Monitoring and Controlling Costs

• Tracking and Reporting Project Costs
• Earned Value Management (EVM) Techniques
• Identifying and Addressing Cost Variances
• Controlling Cost Overruns

Module 5: Risk Management in Project Control

• Identifying Project Risks
• Impact of Risks on Costs and Schedules
• Developing Risk Mitigation Strategies
• Incorporating Risk Management into Project Controls

Module 6: Tools and Techniques for Effective Project Control

• Project Control Systems and Tools Overview
• Integrated Project Control Processes
• Performance Metrics and Key Performance Indicators (KPIs)
• Use of Dashboards for Project Monitoring

Module 7: Advanced Techniques in Cost and Schedule Forecasting

• Forecasting Techniques for Project Success
• Predictive Analytics in Project Management
• Scenario Analysis and What-If Planning

Module 8: Communication and Reporting in Project Controls

• Developing Effective Project Reports
• Communicating Progress to Stakeholders
• Managing Expectations Through Accurate Reporting

Module 9: Case Studies and Practical Applications

• Real-Life Scenarios of Successful Project Control
• Lessons Learned from Challenged Projects