Project Scheduling and Cost Planning Skills: A Complete Guide
Course Overview
The **Project Scheduling and Cost Planning Skills** course provides a comprehensive foundation for professionals involved in project execution, planning, and control.
This practical program focuses on integrating **scheduling techniques with cost planning and budgeting**, ensuring that projects are delivered **on time, within budget, and to the desired quality**.
Participants will learn how to use **critical path analysis (CPA), Gantt charts, and earned value management (EVM)** to track project progress and forecast performance. The course also emphasizes the strategic connection between **time management, cost estimation, and resource allocation**, enabling effective decision-making throughout the project lifecycle.
Course Duration
**5 Days (35 Guided Learning Hours)**
Available in: **London | Dubai | Singapore | Kuala Lumpur | Riyadh | Istanbul**
Delivery Mode: **In-Person / Virtual / In-Company**
Target Audience
This course is ideal for:
* Project Managers and Coordinators
* Planning and Scheduling Engineers
* Cost Engineers and Estimators
* Project Controllers and Financial Analysts
* Construction and Engineering Professionals
* Anyone responsible for project delivery and performance
Course Objectives
By the end of this course, participants will be able to:
1. Apply structured approaches to project scheduling and cost planning.
2. Develop integrated project schedules using professional planning tools.
3. Establish cost baselines and monitor progress through Earned Value Management (EVM).
4. Identify schedule and cost risks to improve forecast accuracy.
5. Align resource allocation with time and cost performance indicators.
6. Communicate schedule and cost information effectively to project stakeholders.
Learning Outcomes
Upon successful completion, participants will be able to:
* Prepare and manage integrated project schedules and cost plans.
* Apply scheduling logic, dependencies, and resource leveling.
* Estimate and control project budgets using proven analytical tools.
* Forecast completion dates and costs with greater precision.
* Identify variances and initiate corrective actions proactively.
* Ensure project alignment with strategic and financial objectives.
Course Outline (5 Days)
Day 1 – Introduction to Project Scheduling and Cost Planning
* The relationship between scope, time, and cost
* Importance of integrated planning and control
* Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) alignment
* Overview of scheduling tools (MS Project, Primavera P6)
* Exercise: Building a WBS and project logic diagram
Day 2 – Scheduling Techniques and Network Analysis
* Critical Path Method (CPM) fundamentals
* Gantt charts, milestones, and dependencies
* Float analysis and schedule compression (crashing, fast-tracking)
* Resource scheduling and leveling strategies
* Workshop: Developing a detailed network schedule
Day 3 – Cost Estimation and Budget Planning
* Estimating techniques: analogous, parametric, bottom-up
* Establishing cost baselines and control budgets
* Integrating time and cost plans
* Forecasting cash flow and expenditure curves
* Case Study: Preparing a project cost and time baseline
Day 4 – Performance Measurement and Control
* Earned Value Management (EVM) concepts and applications
* Schedule and cost performance indices (SPI, CPI)
* Variance analysis and trend forecasting
* Risk-based schedule and cost control
* Practical Session: Monitoring and reporting project performance
Day 5 – Advanced Planning and Continuous Improvement
* Linking scheduling with procurement and contract management
* Managing project changes and re-baselining
* Lessons learned and post-project analysis
* Continuous improvement in cost and schedule management
* Final Exercise: Integrated project planning simulation
Certification
Participants who successfully complete the course and assessments will be awarded the
🎓 **KE Leaders Certificate in Project Scheduling and Cost Planning Skills**,
recognizing their ability to plan, monitor, and control project time and cost effectively.
Key Benefits
* Develop end-to-end planning and scheduling expertise.
* Strengthen cost forecasting and control capabilities.
* Gain confidence in analyzing performance using EVM and forecasting tools.
* Improve coordination across project, finance, and procurement teams.
* Align time and cost objectives for successful project delivery.
Contact Info:
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
