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Project Schedule and Cost Management
MGMT X 444.2
Mastering the art of scheduling and cost management is paramount for project success. This course equips you with the essential skills to meticulously craft project timelines and budgets, while providing insights into tracking project performance for optimal outcomes.
Explore project scheduling methodologies, encompassing traditional practices like critical path analysis and emerging approaches such as agile methodologies
Master the development of project schedules, including defining activities, estimating durations, and identifying interdependencies to ensure project success
Apply advanced scheduling optimization techniques, including crashing, fast-tracking, and managing leads and lags, to ensure projects are delivered on time
Utilize various cost estimation techniques, such as bottom-up, top-down, and parametric calculations, to formulate comprehensive project budgets
Implement Earned Value Management principles to effectively monitor project budget performance, forecast future spending, and mitigate the risk of cost overruns
About this course:
Navigate the intricate balance between scope, time, and cost to ensure timely and cost-effective project delivery. This comprehensive course delves into essential concepts like earned value management, empowering you to effectively track schedule and cost performance, and optimize project outcomes. Learn practical strategies for schedule management by exploring Agile, Adaptive, and Predictive development approaches to enhance project scheduling tactics. The course includes discussions on the use of established project schedule tracking tools such as Smartsheet®, MS Project® and Primavera® across various industries. Enhance your ability to create, manage, and adjust project schedules with precision and efficiency beginning with the precedence diagram method and progressing to critical path analysis. Guided by seasoned instructors with extensive expertise in the field, gain valuable insights and study real-world examples that illuminate best practices in schedule and cost management. Moreover, this course is designed to align with the PMP® Exam curriculum outlined by PMI®, providing you with the necessary 35 Education Credits required to pursue or maintain your PMP® certification, ensuring you are well-equipped to excel in project management.
UCLA Extension is a Premier Authorized Training Partner (ATP®) and is approved by PMI to issue professional development units (PDUs).
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