Planning, Design and Follow-up Technical and Engineering Projects – Certified Program
Course Code: EM15
Course Objective
- Project Evaluation
- Project Estimating and budgeting
- Appropriate knowledge of the concepts of project planning
- Elements of Successful Control Systems
- Techniques for Project Control
- Project Reporting
Target Audience
- Business Managers
- Commercial Staff
- Project Managers
- Project Engineers
- Procurement Staff
- Legal Staff
- All involved in disputes and their resolution
- All staff involved in selecting contracting strategies
- Staff new to engineering or construction contracting
Course Outline
DAY 1: Overview of Project Management
- Projects in Contemporary Organisations
- The Nature and Context of Project Management
- Benefits of Project Management
- Possible Sources of Variance
- The Project Control Cycle
- Project Delivery Systems
DAY 2: Project Estimating
- Developing a Work Breakdown Structure
- Risk Terminology
- Objective and Subjective Risk Assessment
- Basic Techniques for Handling risk
- Cost Fundamentals
- Cost Estimation: Approximate and Detailed Estimates
- Direct and Indirect Costs
DAY 3: Project Planning
- Fundamentals of Project Planning
- Network Analysis Techniques
- Critical Path Scheduling
- Resource Allocation
- Resource Leveling
- Compressing Schedules
- Monitoring and Control using Networks
DAY 4: Project Control
- What is a Control System?
- The Concept of Variance
- Time-cost Trade Off
- Cash Flow Analysis
- Earned Value Management
DAY 5: Project Reporting & Advanced Topics
- Economic Evaluation of Projects
- Interest & Bid Unbalancing
- Integration of Estimating, Planning & Control
- Lean Project Management: Concept and Applications
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