Mastering the fundamentals of project management – tools and methodology

• Knowing the methods and tools to manage a project – Fundamentals.
• Mastering the stages of building the project reference framework (WBS, OBS and CBS).
• Knowing planning methods and tools (PERT method, GANTT method).
• Knowing cost control methods (analysis of project curves: CRTE - Estimated Work Progress Curve, CBTE - Estimated Total Budget Curve, CBTP - Forecasted Total Budget Curve) / estimation and calculation of cost at completion).
• Mastering project monitoring techniques (schedule, technical, costs and associated indicators).
• Managing project risks.

DAY 1

PROJECT MANAGEMENT CHALLENGES AND KEY
PARTICIPANTS
• General principles and definitions,
• Overview of the key participants and their relationships,
• Roles and authority of each participant.

PROJECT FRAMEWORK DEVELOPMENT
• Definition of the project scope,
• Creation of the work breakdown structure,
• Preparation of work package sheets,
• Management of task / responsibility intersections,
• Development of the cost-to-completion,
• CBS and progress billing plan.

PLANNING METHODS
• GANTT and PERT representations,
• Determination of the critical path,
• Logical links between tasks,
• Planning methods,
• Equation duration = workload / resources,
• Rescheduling techniques,
• Variance analysis.

Practical workshops
• Development of a WBS,
• Creation of a schedule with critical path calculation,
• Free float,
• Forward and backward pass technique.

DAY 2

COST CONTROL
• Implementation of progress indicators (S-curve),
• Development and use of S-curves (CRTE - Estimated Work Progress Curve, CBTE - Estimated Total Budget Curve, CBTP - Forecasted Total Budget Curve),
• Re-estimation of cost-to-completion,
• Variance analysis and corrective actions,
• Reporting activities.

RISK MANAGEMENT
• Definition of a project risk,
• Characterisation, identification and estimation of risks,
• Risk rating and prioritisation methods,
• Risk reduction techniques,
• Steering of risk management.

Practical workshops
• Development of S-curves, analysis of the project status (delay / advance – cost overrun / savings), calculation of remaining work and project cost-to-completion – creation of a project risk matrix,
• Case study in the form of a role-playing exercise covering the development of a management plan for tracking of initial scheduling, cost monitoring and creation of a risk portfolio.

Project Manager, Business Manager, Project Controller, Management Controller.

None.