Managers and customers expect to get value for money. A significant number of projects have been canceled or are seen as a failure because they ran too far over budget. This five-day program will present the participants with straightforward approaches to developing a cost baseline and setting up a cost tracking system so that the budget is well managed during the project’s life cycle
At the end of this conference the participants will be able to:
Understand the benefits of good project cost control for successful project outcomes
Use best practice to minimize costs and negative impacts
Describe a typical project cost management lifecycle
Explain the action required at each phase of the project cost management lifecycle and understand the significance of each phase
List the key attributes of the cost necessary to understand and manage cost-effectively
Explain the key steps required to improve project estimates, budget and cost baselining, performance measurement and analysis, cost monitoring and control during project execution, and interpreting and reporting project performance throughout a technical project lifecycle
Specify key quantitative measures for determining the project performance using Earned Value Management (EVM)
Provide meaningful project progress reports using EVM together with forecasts of likely outcomes and management options to correct where necessary
Estimate cost techniques, including the Work Breakdown Structure, Work Packages, and risk management considerations
Learn about the S-curves for risk and cost estimates
Project Managers
Members of Project Offices
Project Sponsors
Individuals interested in project management
Basic Project Management definitions
The project management processes
Project phases and life cycles
Typical project terminology
Setting up for success
The project cost management processes – estimate costs, determine a budget, and control costs
Understanding project management inputs to estimating the cost
Creating the work breakdown structure (WBS)
Work Packages as building blocks
Estimation techniques
Optimizing the schedule
Estimating the overall project cost
Understanding project management inputs to determining the budget
Estimating personnel, materials, and equipment costing including overheads Cost aggregation
Considering the risk management process, risk response planning, and risk reserves
Estimating Risk Response costs, and Reserve or Contingency cost
The S-Curve for risk and cost
Control Accounts and the Control Account Plan (CAP)
Understanding what measures are required
Change Control processes and re-baselining the cost performance baseline
Understanding project management inputs to controlling costs
Identifying and managing hours worked
Tracking costs
What is Earned Value Management (EVM)?
What are the main measures used for EVM?
Analyzing results – variances, performance indices, and forecasting
Interpreting results and considering options to redress unacceptable variances
Forecasting and developing response plans
Reporting EVM to senior management and customers11
This course is designed to familiarize students with access control hardware, basic system wiring, software installation, and basic system programming. The purpose of this course is to guide students through the step-by-step process required to ensure the basic functionality of a Lenel access control system. The fundamentals course is the first course in the technical certification curriculum that supports the basic knowledge required for all Professional, Expert, and Design Architect certification tracks.
All businesses in the current environment need a competitive edge. This can be gained through innovative and exciting products and services, or effective and efficient world-class employees. Top performing organizations are passionate about their most valuable resource - their staff. To maintain their high standards a large proportion of their time and energy is spent on continuous professional development, not only of their employees but of their business. This course investigates the tried and trusted management processes, procedures, and methodology used by many blue-chip companies. They use the tools to develop high levels of performance from their staff. This in turn ensures the future and reputation of their companies through innovative development, service, and evaluation. This course offers participants practical solutions to work-related issues.
Get ready to recharge yourself with new energy to propel your career, increase job satisfaction, and add greater value to your organization. This course will show you how. You will learn the combination of attributes and skills you need to accelerate your career positively and successfully along your professional path, now and into the future. Become a positive force for your organization, your customers, and your colleagues.
In this training course, you'll go from beginner to extremely high-level and your instructor will build each algorithm with you step by step on screen. By the end of the course, you will have trained machine learning algorithms to classify flowers, predicting house prices, identify handwritings or digits, identify staff that is most likely to leave prematurely, detect cancer cells, and much more!
The knowledge and skills acquired via this Compliance Regulatory Professionals training course are intended to help participants better understand and support regulatory compliance and enterprise-wide risk management. Additionally, to promote best practices and international standards that match with corporate and regulatory needs, and to deal with the rules, markets, products, and transactions.