Project Planning, Scheduling and Cost Estimating Skills

Optimum Plan Development & Cost Management Principles

5 Found
Date Duration Venue Fees
13-17 May 2024 5 Days Dubai - UAE US$4,450 Register
05-09 Aug 2024 5 Days Dubai - UAE US$4,450 Register
11-15 Nov 2024 5 Days London - UK US$5,450 Register

Course Overview

The Project Planning, Scheduling, and Cost Estimating Skills training course will provide the participants with a deep background in the concepts of planning and scheduling in engineering and construction projects; it addresses how to identify, monitor, and balance information crucial for the successful management of projects, also will discuss the development of the cost performance baseline through describing the main concepts of cost estimating that will allow the efficient compilation and the timely generation of quantitative performance comparisons, using different techniques for cost estimation such as parametric, analogous and Program Evaluation and Review Technique (PERT) to create accurate estimates.

Likewise, it will focus on comparisons that highlight significant performance departures (Actual vs Plan), which allow for preventive and early remedial and corrective actions, and how to create the periodically requested reports from different managerial levels. An additional valuable part will be discussed: understanding several approaches to adjust and optimise the schedule to overcome the potential of a delayed project.

Course Objectives

After the training course, the participant will learn to:

  • Define the scope of work and establish a project work breakdown structure
  • Develop the project detailed activity list and create the project network diagram
  • Understand the concept of the critical path method
  • Identify different techniques to estimate the project cost
  • Use the earned value management to measure the project performance

Target Audience

This training course is designed to increase the planning awareness level and benefit all project management positions and managerial levels.

It is suitable for a wide range of working professionals, including (but not limited to) the following:

  • Project Managers
  • Construction Managers
  • Planning Managers
  • Senior Project Control
  • Project Engineers
  • Senior and Junior Planning Engineers
  • Cost Estimators
  • Cost Controllers
  • Resource Managers

Training Methodology

This training course uses a combination of interactive presentations and live discussions. It will be supported with case study workshops, videos, models, tables, and charts to consolidate learning and discussion of the findings. A summary recap will be done by the end of each day, linking the topics to formulate a complete training programme. Upon request, it can include a final multiple-choice test on the material as a learning evaluation method.

Course Outline

Day One


  • Understand Project Definitions and Characteristics
  • Project Constraints
  • Project Success and Delivery Pains
  • The Science of Project Management
  • Project Main Stakeholders
Day Two

Develop a Baseline Plan

  • Initiating a New Project
  • Project Start-up Details
  • Define and Decompose the Project Scope
  • Work Breakdown Structure (WBS)
  • Scheduling the Work
  • Define Activities
Day Three

Critical Path Method

  • Scheduling Main Factors
  • Relationship Types
  • Network Diagram
  • Calendar Types Design and Selection
  • Critical Path Calculations
  • Total Float vs Free Float
Day Four

Cost Management

  • Cost Estimation vs Pricing
  • Estimation Level of Accuracy
  • Tools and Techniques of Cost Estimation
  • Types of Cost
  • Feasibility Study and Cost Estimation
  • Life-cycle Costing
Day Five

Performance Measurement

  • Earned Value Concept
  • Variance Analysis
  • Cost Performance Index
  • Schedule Performance Index
  • Cost & Schedule Combination
  • Technique for Computing Performance
  • Project Forecasting


Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.

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