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Stone River eLearning

This instructor-led course provides participants with real world tools to manage the complex problems surrounding schedule and cost management. Students will learn a variety of tools and techniques to see what works and what does not in the real world of project management.  

The courses discusses the details of the processes required to manage timely completion of the project. It also includes the processes involved in estimating, budgeting and controlling costs so that the project can be completed within the approved budget.

Available PDUs for this Course Series: 7

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This instructor-led course provides participants with real world tools to manage the complex problems surrounding schedule and cost management. Students will learn a variety of tools and techniques to see what works and what does not in the real world of project management.  

The courses discusses the details of the processes required to manage timely completion of the project. It also includes the processes involved in estimating, budgeting and controlling costs so that the project can be completed within the approved budget.

Available PDUs for this Course Series: 7

By completing this course series, you will earn 7 PDUs.

Course Code

Please note: Candidates do not require to have the certification to complete this course, however the certificate is required in case the candidates are looking forward to sit in the exam or earn PDUs.

 PMI, Project Management Institute, Project Management Professional (PMP), PMP, Certified Associate in Project Management (CAPM) 

  

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What's inside

Learning objectives

  • Understanding schedule and cost management
  • Tools and techniques for schedule and cost management

Syllabus

Chapter 1 - Monitoring and Controlling Fundamentals
Instructor Introduction
Schedule and Cost Control Introduction (1 of 6)
Schedule and Cost Control Introduction (2 of 6)
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Schedule and Cost Control Introduction (3 of 6)
Schedule and Cost Control Introduction (4 of 6)
Schedule and Cost Control Introduction (5 of 6)
Schedule and Cost Control Introduction (6 of 6)
Monitoring and Controlling Fundamentals
Objectives
Topic A: Monitoring Fundamentals
Concept: Data, Information, Knowledge, Wisdom Model
Definition: Monitor
Monitor: Collect Project Performance Data
Concept: Performance Data
Monitor: Produce Performance Measures
Concept: Performance Information
Monitor: Generate Project Information
Concept: Performance Reports
Self-Reflection – Disseminate Project Reports
Monitor: Disseminate Project Reports (1 of 2)
Disseminate Project Reports (2 of 2)
Concept: Wisdom
Topic B: Controlling Fundamentals
Definition: Control
Control: Comparing Actuals to Planned
Control: Analyzing Variances
Control: Assessing Trends
Control: Evaluating Possible Alternatives
Self-Reflection – Recommend Appropriate Actions
Recommending Appropriate Actions (1 of 2)
Recommending Appropriate Actions (2 of 2)
Topic C: Pairing Monitoring and Controlling
Monitoring and Controlling (1 of 2)
Monitoring and Controlling (2 of 2)
Monitoring and Controlling Focus (1 of 2)
Monitoring and Controlling Focus (2 of 2)
Concept: Baselines
Exercise 1.1 Distinguish Monitoring from Controlling
Exercise 1.1 Distinguish Monitoring from Controlling Worksheet
Exercise 1.1 Distinguish Monitoring from Controlling Debrief (1 of 2)
Exercise 1.1 Distinguish Monitoring from Controlling Debrief (2 of 2)
Chapter 1 Review
Quiz 1
Chapter 2 - Schedule Control
Schedule Control
Topic A: The Basics of Project Metrics
Concept: Project Metrics
Concept: Metric Characteristics (1 of 2)
Concept: Metric Characteristics (2 of 2)
Concept: Types of Metrics
Exercise 2.1 Differentiate Between CSFs and KPIs
Exercise 2.1 Differentiate Between CSFs and KPIs Worksheet
Exercise 2.1 Differentiate Between CSFs and KPIs Debrief (1 of 2)
Exercise 2.1 Differentiate Between CSFs and KPIs Debrief (2 of 2)
Topic B: Schedule-related KPIs
Concept: Key Performance Indicator (1 of 2)
Concept: Key Performance Indicator (2 of 2)
Self-Reflection – Schedule-related KPIs
Concept: Schedule-related KPIs
Schedule-related KPIs: Percent of Work Packages Adhering to Schedule (1 of 2)
Schedule-related KPIs: Percent of Work Packages Adhering to Schedule (2 of 2)
Schedule-related KPIs: Time to Achieve Outcome Value
Schedule-related KPIs: Number of Schedule Baseline Changes
Schedule-related KPIs: Schedule Variance (SV)
Schedule-related KPIs: Schedule Variance Percentage (SV%)
Schedule-related KPIs: Schedule Performance Index (SPI)
Self-Reflection – Schedule-related KPIs Debrief
Topic C: Schedule Control via Key Performance Indicators (KPIs)
Schedule Control - A Case Study (1 of 2)
Schedule Control - A Case Study (2 of 2)
Definition: Control Schedule
Concept: Project Management Methodology (1 of 4)
Concept: Project Management Methodology (2 of 4)
Concept: Project Management Methodology (3 of 4)
Concept: Project Management Methodology (4 of 4)
Project Management Performance Baseline Project Schedule KPIs
Exercise 2.2 Determining Schedule KPIs Using EVM
Exercise 2.2 Determining Schedule KPIs Using EVM Data Sheet (1 of 2)
Exercise 2.2 Determining Schedule KPIs Using EVM Data Sheet (2 of 2)
Exercise 2.2 Determining Schedule KPIs Using EVM Worksheet
Exercise 2.2 Determining Schedule KPIs Using EVM Debrief (1 of 3)
Exercise 2.2 Determining Schedule KPIs Using EVM Debrief (2 of 3)
Exercise 2.2 Determining Schedule KPIs Using EVM Debrief (3 of 3)
Exercise 2.3 Determining Schedule KPIs Using EVM
Exercise 2.3 Determining Schedule KPIs Using EVM Data Sheet
Exercise 2.3 Determining Schedule KPIs Using EVM Debrief (1 of 3)
Exercise 2.3 Determining Schedule KPIs Using EVM Debrief (2 of 3)
Exercise 2.3 Determining Schedule KPIs Using EVM Debrief (3 of 3)
Exercise 2.4 Determining Schedule KPIs Using EVM
Exercise 2.4 Determining Schedule KPIs Using EVM Data Sheet
Exercise 2.4 Determining Schedule KPIs Using EVM Worksheet
Exercise 2.4 Determining Schedule KPIs Using EVM Debrief (1 of 3)
Exercise 2.4 Determining Schedule KPIs Using EVM Debrief (2 of 3)
Exercise 2.4 Determining Schedule KPIs Using EVM Debrief (3 of 3)
Chapter 2 Review
Quiz 2
Chapter 3 - Cost Control

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Ideal for project managers with at least some experience who wish to expand their abilities
Develops essential skills in managing complex project schedules and budgets, which are crucial for project success
Techniques and tools in this course are practical and industry-relevant

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Cost Control and Project Scheduling with these activities:
Refresh Schedule Management Terminology
Review the terminology and definitions used throughout the schedule management process to ensure a common understanding.
Browse courses on Schedule Management
Show steps
  • Review course syllabus and materials
  • Identify key schedule management terms
  • Create a glossary of terms
Show all one activities

Career center

Learners who complete Cost Control and Project Scheduling will develop knowledge and skills that may be useful to these careers:
Construction Manager
Construction managers are responsible for overseeing the construction of a project. They work closely with architects, engineers, and other contractors to ensure that the project is completed on time and within budget. This course may enhance your journey in this field as it provides tools and techniques for project scheduling and cost management.
Budget Analyst
Budget analysts work closely with other project team members to ensure that the project is completed within budget. The course you are inquiring about may be helpful for a career as a budget analyst because it includes processes involved in estimating, budgeting, and controlling costs so that the project can be completed within the approved budget.
Cost Estimator
Cost estimators are the people responsible for determining the cost of a project. They work closely with other project team members to ensure that the project is completed within budget. The course you are inquiring about may contribute to your career path as a cost estimator because it includes processes involved in estimating, budgeting, and controlling costs so that the project can be completed within the approved budget.
Project Manager
Project management is a well-known career path for those with a background in project scheduling and control. In this role, you will plan a project, execute the plan, and close the project. You are in charge of matching resources with requirements and managing stakeholder expectations. This course may be helpful because it gives an overview of the monitoring, controlling, and planning processes involved in project management. It discusses industry techniques and provides tools to help you expertly manage budgets and timetables.
Project Coordinator
Project coordinators work with project managers to ensure that projects are completed on time and within budget. They are responsible for managing project schedules, budgets, and communications. This course may be helpful because it provides an overview of the monitoring, controlling, and planning processes involved in project management.
Program Manager
Program managers are responsible for leading and managing projects of all sizes and complexities. They work with project managers and project teams to ensure that the project is completed successfully. This course may contribute to your role as a program manager because it includes industry techniques and provides tools to help you expertly manage budgets and timetables.
Portfolio Manager
Portfolio managers are responsible for managing a portfolio of projects. They work with project managers and project teams to ensure that the portfolio is completed successfully. This course may contribute to your role as a portfolio manager because it includes industry techniques and provides tools to help you expertly manage budgets and timetables.
Business Analyst
Business analysts work closely with project teams to understand the business needs of the project. They are responsible for eliciting and documenting requirements and developing project specifications. This course may be helpful because it provides an overview of the planning processes involved in project management.
Risk Manager
Risk managers are responsible for assessing and managing risks that may affect a project. They work closely with project managers and project teams to identify and mitigate risks. This course may be helpful because it provides tools and techniques for identifying, assessing, and controlling risks.
Change Manager
Change managers are responsible for managing changes to the project. They work closely with project managers and project teams to identify, assess, and implement changes. This course may be helpful because it provides tools and techniques for managing change.
Quality Manager
Quality managers are responsible for ensuring that the project meets the quality standards. They work closely with project managers and project teams to develop and implement quality control procedures. This course may be helpful because it provides tools and techniques for measuring and controlling quality.
Operations Analyst
Operations analysts work closely with other project team members to better workflow. This course may contribute to your development as an operations analyst because it includes the monitoring and controlling fundamentals for planning, budgeting, and project schedules.
Financial Manager
Financial managers are responsible for managing the financial resources of an organization. They work closely with other financial professionals to ensure that the organization's financial goals are met.
Information Technology Manager
Information technology managers are responsible for managing the information technology resources of an organization. They work closely with other IT professionals to ensure that the organization's IT systems are running smoothly.
Operations Manager
Operations managers are responsible for managing the operations of an organization. They work closely with other operations professionals to ensure that the organization's operations are running smoothly.

Reading list

We've selected ten books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Cost Control and Project Scheduling.
The PMBOK® Guide is the primary reference standard used in project management. It provides comprehensive guidance on all aspects of project management, including scope, time, cost, quality, risk, human resources, communications, stakeholder management, and procurement.
The PMBOK® Guide is the primary reference standard used in project management. It provides comprehensive guidance on all aspects of project management, including scope, time, cost, quality, risk, human resources, communications, stakeholder management, and procurement.
Project Management: A Systems Approach to Planning, Scheduling, and Controlling classic textbook on project management that has been used by generations of project managers. It provides a comprehensive overview of the project management process, with a focus on planning, scheduling, and controlling.
Construction Cost Management comprehensive guide to cost management for construction projects. It provides step-by-step instructions on how to develop and implement a cost management system, and it includes a wealth of case studies and examples.
Project Control: A Practical Guide to Project Management comprehensive guide to project control for project managers. It provides step-by-step instructions on how to develop and implement a project control system, and it includes a wealth of case studies and examples.
Project Management for Dummies comprehensive guide to project management that is written in a clear and concise style. It covers all the basics of project management, including planning, scheduling, budgeting, and risk management.
Head First PMP unique and innovative guide to passing the PMP exam. It uses a visual and interactive approach to teaching project management concepts, making it a great choice for learners who prefer a more engaging and hands-on learning experience.
Managing Projects with Microsoft Project 2016 comprehensive guide to using Microsoft Project 2016 for project management. It provides step-by-step instructions on how to use Microsoft Project 2016 to create and manage project schedules, and it includes a wealth of tips and techniques for effective project management.
The PMP Exam: How to Pass on Your First Try comprehensive guide to preparing for and passing the PMP exam. It includes practice questions, study tips, and a wealth of information on the exam content.
The Art of Project Management unique and insightful guide to project management. It shares practical advice and insights from Scott Berkun's years of experience as a project manager.

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