Overview
This seminar is based on, but explores beyond, the core processes of the
Project Management Institute: Scope, Time, Cost and Integration
Management. It is appropriate for students being introduced to project
management methods, as well as for those who know the fundamentals but
want to expand their toolkit with new techniques and metrics for
justifying needed resources, budgeting a project, and tracking and
controlling work, schedule, cost, and value performance.
Performing projects requires resources, and resources always cost money and are of
limited availability. Since the project is an investment, the project
manager must strive to utilize the resources with which they are
entrusted to maximum efficiency, generating the maximum value based on
the terms of the project investment. This may often mean learning how to
justify additional resources, based on the precise targeting of their
use to generate greater value. Using standard PMBOK® Guide techniques, enhanced by the techniques and metrics of Total
Project Control, this seminar explores all the main tools for both
planning and tracking resource usage, as measured in both labor hours
and dollars.
Content
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Activity-based resource assignments and costing
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Resource scheduling and leveling
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Developing a project budget
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Developing a cost accrual schedule
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Earned value planning and analysis, including all standard PMBOK
Guide and DoD metrics
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The new project tracking metrics of the TPC methodology
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