+65 6508 2401
Agenda
Project Scope and Financial Management
- How finance and accounting can impact your projects
- Basic Accounting Principles
- Basic financial analysis tools and concepts
- Key Financial Ratioís to master and monitor
- Key financial aspects for consideration at each project phase
- Financial Models for Selection of Projects
- Understand how changes in requests impact the planned financial returns of the project
Estimating & Budgeting
- Determine why proper cost and scheduling techniques are needed
- The project life cycle and cost and scheduling control
~ Life cycle costing - Performing a stakeholder analysis
~ Guidelines
~ Identifying key stakeholders - Documentation techniques for requirements
~ Guidelines for requirements deliverables - Developing a detailed WBS
~ Tools, techniques, and types of WBS in projects
~ Exercise: Structuring a WBS for your project - Accounting for all costs on a project:
~ Direct Costs
~ Indirect Costs
~ Dealing with Cost Escalation during the lifecycle of the project
~ Contingency Funding - Resource Cost and Time Estimating Techniques
~ Resource estimating costs
~ Project cost management
~ Estimating Recommendations - Estimating Tools and Techniques
~ Gantts, PERTS and other techniques
~ Using PERT For Statistical Estimating
~ Performing Analogous Estimates
~ Performing Parametric Estimates - Working with Vendors & Vendors Estimates
Scheduling
- Developing the Schedule: Network Diagram Method
- Determine the Critical Path
- Resource Management
~ Resource Loading ñ Early Schedule vs. Late Schedule
~ Resource Levelling - Crashing a schedule
~ Best practice methodology for Crashing the Schedule
~ Keeping the Financial Impact to a minimum
~ Assessing the impact on your schedule and cost
~ Managing the Change of Crashing Your Schedule
Tracking, Control and Forecasting
- Controlling the project schedule – Baseline Management, Tracking, Reporting and Forecasting
~ Developing Your Cost Baseline
~ Developing a Cash Flow Statement
~ Developing an S-Curve (Cumulative Cash Flow Curve) - The need for monitoring and control
- Earned Value Management Fundamentals
~ What is Earned Value?
~ Calculating Schedule Variance, Cost Variance
~ Calculating and Working with your SPI and CPI - Forecasting and Predictions
~ Predicting your variance at completion
~ Predicting your Estimate at Completion - Managing Cost & Schedule Variances
~ Change Management Process
~ Recovering a Project in Trouble
~ Guidelines for Terminating a Project
