Topic

Content

Contact Periods

Project Formulation & Planning

Introduction to PM, Project Life Cycle, Feasibility Study and Detailed Project Report, Project Plan, Work Breakdown Structure, Task Responsibility Matrix, Project Schedule.

4

Network Analysis

Evolution of Network, CPM & PERT, drawing of AON and AON networks, precedence relationships, analysis of networks, Forward Pass, Backward Pass, Critical Path & Activities, Floats.

4

Time Estimation

Single & Three Time Estimates, Determination of Project Duration in PERT using MS Excel.

2

Resource Optimisation and Schedule Compression Techniques

Concept of Resource Levelling and Smoothing, fast tracking, cost vs time conflict, concept of crashing a network with specified Normal and Crash Cost, analysis of project duration vis-à-vis cost

2

PM Software

Utilization of MS Project software including initialization, calendar setting, generation of Gantt Chart, resource definition and allocation, resource optimisation, resource sharing, crashing and overtime using MS Project, creation of PM reports and dashboards.

10

Project Monitoring and Control

Financial management of project using Earned Value Management System (EVMS) utilizing, Earned Value, Cost Variance and Schedule Variance and indices.

4

Project Risk Management and Competencies

Risk Identification, Prioritisation and Contingency Plans. Concept of PM competencies as per IPMA Individual Competence Baseline (ICB) global standard.

4