Project Scheduling and Cost Management
Projects attempt to achieve maximum value for minimum cost, and they often compete with other projects and operations within the organization for resources and financing. This course covers recently developed methods and value based metrics that, properly applied, can significantly impact project and portfolio value and revenue. By quantifying each side of the classic Triple Constraint Triangle, the value returned by the project and its contribution to the organizational portfolio can be accurately assessed and optimized. The course focuses on the project as an investment, and addresses both the theoretical and practical skills necessary to successfully manage that investment. Techniques covered include Estimated Monetary Value of the project scope; critical path and precedence diagramming methods of scheduling; resource optimization; and decision-making processes that optimize both project performance and return on investment.