One of the primary responsibilities of a project manager is to manage a project’s budget and schedule. Success is often measured based on meeting deadlines and delivering the project within financial and schedule constraints.
The PM role today is much more complex, requiring a deeper understanding of stakeholders’ goals, needs, expectations, requirements, and risk tolerance. A project manager must have a holistic perspective and a nuanced understanding of project elements and their interaction with budgets and schedules.
This course will review roles and responsibilities, estimating, how to be a good steward of project resources and how to adapt project scheduling and budgeting efforts to uncertainty with concepts such as rolling-wave planning and agile delivery.
This course is also sometimes known as “Tracking and Forecasting Progress: Budgets, Baselines and Timelines”, “Managing Variances: Cost and Schedule Management Best Practices” and "Project Schedule and Cost Control".
Participants will gain the practical skills to:
This course is designed for project managers, project coordinators and senior members of the project team who are responsible for the successful outcome of a project.
This course has no prerequisite.
You will receive a course workbook containing a copy of the presentation slides and supplemental materials.
Course ID: 1003
Course Level: Intermediate
Duration: 1 Day
The following table provides the breakdown of the professional development units (PDUs) for this course aligned with the PMI Talent TriangleTM.
WoW | PS | BA | |
PMP | 7 | 0 | 0 |
PgMP | 7 | 0 | 0 |
PfMP | 3.5 | 0 | 0 |
PMI-ACP | 7 | 0 | 0 |
PMI-SP | 7 | 0 | 0 |
PMI-RMP | 0 | 0 | 0 |
PMI-PBA | 7 | 0 | 0 |
The three columns in the above table are Ways of Working, Power Skills & Business Acumen.
Other professional (re)certification credits are available, including: