Project Control for Managers
The course covers project control and earned value management. The focus is on the essential concepts and general techniques.
The initial emphasis is on the essentials of developing accurate project management and project detailed plans. The plans are critical to assess performance during the project delivery. Concerning plans, the course includes discussion on project approvals and the concept of moving baselines.
In addition, the course covers the steps of project control, what do we control against (moving baselines), and project change management. We will also address the different types of project changes. Finally, we will discuss the various control actions and the necessity to have timely and accurate forecasts.
The course is in-line with international standards, such as the Project Management Institute® (PMI®) and the Association for Advancement of Cost Engineers International (AAECI).
- Learn about the essential of project control and project constraints
- Understand the concepts of Earn Value Management and the importance of EVM
- Learn the essential of a proper project management plan and moving baselines
- Learn about the difference in stakeholders’ perspective; such as clients, consultants, and contractors
- Understand the differences between fixed price and cost plus contract and how that would impact project control
- Learn how to manage change on projects
Who should Attend
- All senior professionals and project managers.
- The target industries are all those that include the construction of a facility and this include: oil & gas, petrochemicals, utilities, transportation, real estate development, infrastructure, and industrial.
- Introduction & project management overview
- Project Life Span and SUKAD model for managing projects
- Overview of Project Control
- Monitor & control versus change control
- EVM concepts and systematic project control
- Performance management baseline(s)
- Proper scope of work and WBS
- Scheduling, estimating, and budgeting
- Current performance & performance analysis
- Progress management system
- Calculations of PV, EV & AC
- Calculations of variance and indices; identify root causes
- Change management
- Types of change: scope (objective), project, contract
- Internal & external change management system
- Forecast cost & time
- Contingency & change
- Corrective and preventive actions
- Rework and repairs
- Recovery planning