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Project Management Project Management: Schedule & Cost Control

Project Management: Schedule & Cost Control

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This Package Contains Courses - See More
  • Course Delivery: On Demand
  • Duration: 2 
  • Language: English
  • Difficulty: Beginner
  • Audience: Intermediate/Advanced Project Managers

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  • Video Lectures and Expert Instruction
  • Demonstrations
  • PowerPoint Slides and Visuals
  • Student Workbooks


Schedule & Cost Control 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.

Students can claim 14 PDU/Contact Hours upon completion of this course. This course also qualifies for continuing PDU credit in Category 3 or Category A.


This course is best suited for intermediate and advanced project managers.

This course features:

Video Lectures and Expert Instruction:

Our unique delivery simulates a one-on-one classroom environment, creating a more personal learning experience. Our highly certified expert instructors possess a superior understanding of the subject matter in their fields and have the ability to convey this knowledge in an effective, engaging, and professional manner to a wide audience. Practical knowledge is essential for success in a real world environment and we have chosen our instructors with this in mind - many of our instructors are business owners and have been employed in their respective fields for decades!


The hands-on demonstrations in our training allow the student to view practical application of concepts in real-world environments. Demonstrations are a way for the instructor to present how to perform a task on-screen in front of the student. This feature gives the student the power to see tasks performed by a professional in the intended environment as many times as they would like, without purchasing expensive software.

PowerPoint Slides and Visuals:

Our courses feature PowerPoint slides to illustrate concepts and complement the expert instruction. Many of the in-depth theories and processes discussed in our courses can be learned most efficiently through the detailed PowerPoint slides we provide. These slides are accompanied by an instructor voiceover to provide our students with a clear, efficient, and complete presentation of concepts.

Student Workbooks:

Our courses feature printable Student Workbooks for every chapter. Our printable Student Workbooks are a study tool that allows students to take notes and bring the course material with them when they may not have access to a computer. Workbooks can also be used electronically to quickly review PowerPoint slides and training topics.


Topics Covered

Schedule & Cost Control has always been a complex problem for Project Managers, this course will teach the learners about time management and various important topics that will enable the learners to answer the complex question of schedule and cost management.


This package comprises of the following modules:

  • Project Management: Schedule And Cost Control Module 01 - Quick PM Review
  • Project Management: Schedule And Cost Control Module 02 - Time Management
  • Project Management: Schedule And Cost Control Module 03 - Critical Path Method
  • Project Management: Schedule And Cost Control Module 04 - Basic Cost Management
  • Project Management: Schedule And Cost Control Module 05 - Introduction to Earned Value
  • Project Management: Schedule And Cost Control Module 06 - Critical Chain Management
  • Project Management: Schedule And Cost Control Module 07 - Other Cost Calculations

Section 01 - Quick PM Review

  • The PMI-SP Process
  • The PMI-SP Exam
  • The Basics of PM
  • The Five Process Groups
  • The Basics of PM: The Process
  • The Ten Knowledge Areas

Section 02 - Time Management

  • 6.1 Plan Schedule Management
  • 6.2 Define Activities
  • 6.3 Sequence Activities
  • 6.4 Estimate Activity Resources
  • 6.5 Estimate Activity Durations
  • 6.6 Develop Schedule
  • 6.7 Control Schedule Decomposition Dependencies

Types of Dependencies

  • Precedence Diagramming: Finish to Start
  • Precedence Diagramming: Start to Start
  • Precedence Diagramming: Finish to Finish
  • Precedence Diagramming: Start to Finish
  • Conditional Diagramming
  • Leads and Lags
  • Duration Estimating Methods Bottom-Up Estimating Analogous Estimating
  • Expert Judgment for Estimating Parametric Modeling Estimating
  • Program Evaluation & Review Technique (PERT) Resource Considerations
  • Schedule Creation

Section 03 - Critical Path Method

  • CPM Basics
  • Critical Paths in Network
  • Each Task
  • Critical Path Model
  • Constraints
  • Resource Leveling
  • Simulation
  • Simulation Advantages & Disadvantages
  • Duration Compression

Section 04 - Basic Cost Management

  • 7.1 Plan Cost Management
  • 7.2 Estimate Cost
  • 7.3 Determine Budget
  • 7.4 Control Costs
  • Types of Cost Estimating
  • Bottom-Up Cost Estimating
  • Analogous / Top Down Estimating
  • Parametric Cost Estimating
  • Types of Project Costs
  • Accuracy of Estimates
  • The Cost Baseline
  • Total Project Budget

Section 05 - Introduction to Earned Value

  • Intro to Earned Value Graphs
  • Basic Terms
  • Variances and Performance Indexes
  • Basic Formulas
  • Analysis
  • Forecasting - ETC
  • Forecasting - EAC
  • Forecasting - TCPI
  • Forecasting - ETTC
  • Forecasting – Other Calculations
  • Cumulative Cost Curve
  • EV Performance

Section 06 - Critical Chain Management

  • Section Objectives
  • The Current Management Paradigm
  • Current Project Schedules
  • Project Schedules
  • The Results
  • What Else Can You Do?
  • Overestimate AKA Pad the Schedule
  • Management’s Response
  • Resources
  • A New Paradigm
  • The Theory of Constraints
  • Theory of Constraints Meets Project Management
  • Critical Chain Step 1
  • Critical Chain Step 2
  • Viable Schedules
  • Dependencies
  • Possible Paths
  • People on the Critical Chain
  • Resource Buffers
  • Project Buffers
  • Feeding Buffers
  • Critical Chain Project Management
  • Original Duration Estimate
  • Measures
  • Some Key Ideas

Section 07 - Other Cost Calculations

  • Present Value (PV)
  • Net Present Value Calculation
  • Net Present Value (NPV)
  • Future Value Calculation
  • Internal Rate of Return (IRR)
  • Return On Investment (ROI)
  • Payback Period
  • Benefit Cost Ratio (BCR)
  • Opportunity Costs (OC)
  • Depreciation
  • Common Depreciation Conventions
  • Straight Line Depreciation
  • Depreciation Examples
  • Depreciation Examples UP/O
  • Double Declining Balance (DDB)
  • Sum of the Years Digits (SYD)
  • Course Closure

Quiz Information

Once a topic is completed, our built-in review quiz allows you to assess your progress and identify areas where additional study may be required. After this assessment the student can go back give some extra attention to different subject areas within a topic if necessary.

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Users Price Discount
1 - 10 $228.00 N/A
11 - 25 $193.80 15%
26 - 50 $145.35 36%
51 - 100 $91.57 60%

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Price (each) $228.00
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