2010-08-23Project Management Certificate Programs Overview SUKAD FZ-LLC (SUKAD) and School of Knowledge Economy & Management – or SKEMA Business School (SKEMA), two leading organizations each in the...

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Project Control Workshop

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WHEN:
offered upon request
Duration:
5 days
Contact Hours /PDU/ CEU:
35
Target Audience:

All personnel, project team members, managers, cost and schedule engineers, contract engineers or specialists, and project managers involved in projects in the engineering construction industries.

Course Code:
EC21
Course Fees:
11200.00 Dhms

Course Objectives

Participants will:

  • Interact between the components of project control (scope, cost, and schedule) 
  • Practice basic Earned Value Management and performance management 
  • Explain the importance of establishing a proper PM Plan and performance baselines  
  • Apply basic estimating, budgeting and control concepts including contingency management 
  • Demonstrate project value from the perspective of Clients, PM Consultants, and Consultants/Contractors 
  • Distinguish between fixed price and cost reimbursable contract types and their respective control mechanisms; 
  • Perform a basic root cause analysis in order to determine corrective actions

DESCRIPTION

This course is a practical workshop that covers project control topics, including Earned Value Management. The course knowledge foundation is in line with international standards, including the Project Management Institute (PMI), the Association for Advancement of Cost Engineers International (AAECI), and other professional entities. However, the strength of this course is the experience foundation of the SUKAD consultants who brings to life in the workshop practical steps, cases from real projects, handy tools, and extensive global expertise form small and mega projects.

Project Control and Earned Value Management help us monitor, assess, and analyze performance on the project and determine root causes of any significant variances in order for the team to establish the necessary and appropriate actions. Therefore, this course will covers the essentials of establishing a proper baseline (plan) and then move into the steps of project control, including project performance data, performance analysis, and forecasting. The workshop also covers the essentials of project change management and will touch on the specific differences between managing fixed price contracts vs. reimbursable cost contracts.
 

Course Outline

The course is practical workshop with a mix of presentations, discussions (Q&A), and extended group exercises. The group exercises will be a realistic and related to real projects. In addition, the workshop will allocate time at the end to facilitate the development of action plans to apply the learning that the participants can take back to work with them.

 


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