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Margaret Meloni, MBA, PMP
A good project schedule helps all team members’ work together to meet project objectives. A project budget with realistic cost constraints is also an essential bedrock of any project. In this course you’ll learn to plan and stick to time and cost constraints in order to ensure the success of your projects.
Read more
A good project schedule helps all team members’ work together to meet project objectives. A project budget with realistic cost constraints is also an essential bedrock of any project. In this course you’ll learn to plan and stick to time and cost constraints in order to ensure the success of your projects.
Read more
A good project schedule helps all team members’ work together to meet project objectives. A project budget with realistic cost constraints is also an essential bedrock of any project. In this course you’ll learn to plan and stick to time and cost constraints in order to ensure the success of your projects.
Upon completing this course, you will be able to:
1. Identify the resource needs of the project
2. Decompose work packages into activities
3. Define what is needed to estimate activity durations
4. Define milestones and create a milestone schedule
5. Determine the critical path and calculate float
6. Describe the purpose of using leads and lags in a project schedule
7. Estimate the quantities and costs of resources required to perform project activities
8. Select one of three common cost estimating techniques to determine a project budget
9. Use a responsibility assignment matrix to assign responsibilities
10. Recognize the components of a project’s quality management plan
Register for this course and see more details by visiting:
OpenCourser.com/course/k4jd99/budgeting
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What's inside
Syllabus
Get Started!
Get started in this module by reviewing the course overview and participating in the course survey.
Resource Needs & Quality Management
Read more
Syllabus
Get Started!
Get started in this module by reviewing the course overview and participating in the course survey.
Resource Needs & Quality Management
Read more
In this module, we will decompose work packages into activities, identify the resource needs of the project, and use a responsibility assignment matrix (RAM) to assign responsibilities. In addition, you will have a lesson on Quality Management.
Estimating
In this module, we will define what is needed to estimate activity durations, estimate the quantities and costs of resources required to perform project activities, and discover three common cost estimating techniques to determine a project budget.
Scheduling
In this module, we will create a network diagram, determine the critical path and calculate float, define milestones and a create a milestone schedule, describe the purpose of using leads and lags in a project schedule, and recognize the components of a project’s quality management plan.
Wrap Up
Wrap up this course by meeting our industry expert panelists, taking the final exam, and participating in our post course survey.
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Useful for learners with no background in project management
Develops skills that are core for project managers in any industry
Taught by instructors who are experienced project management professionals
Facilitates strong understanding of project planning and budgeting
Save this course
Save Budgeting and Scheduling Projects to your list so you can find it easily later:
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Reviews summary
Well-received project management course
Learners say this project management course provides a practical approach to the PMBOK methodology. Students appreciate the clear communication and well-designed slides. The course offers good quality reading materials and quizzes to help learners test their knowledge. Overall, students have largely positive opinions about this course.
Many quizzes are included to test knowledge.
"Quizzes will help you to test your knowledge as you progress."
Slides and reading materials are high-quality.
"Slides are well designed."
"You will encounter lots of good quality reading materials."
Instructor is well-organized and makes learning easy.
"Prof Margaret Meloni is a great teacher."
"Students will enjoy her crisp and clear communication of ideas."
Course material is taught in an accessible manner.
"Doing this course 'Budgeting and Scheduling projects' gives learners, a practical approach to Project management based on PMBOK methodology."
Does not fully prepare for PMP certification.
"But if you're looking for a set of classes that are rigorous enough to give you a shot at passing the PMP exam, look elsewhere."
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 Budgeting and Scheduling Projects with these
activities:
Create a Project Charter
Show steps
This will help you to define the project's scope, objectives, and success criteria.
Browse courses on
Project Charter
Show steps
-
Define the project scope.
-
Establish the project objectives.
-
Identify the stakeholders.
-
Document the project charter.
Read “Project Management Body of Knowledge (PMBOK) Guide”
Show steps
The PMBOK Guide is widely recognized as the global standard for project management best practices. It will provide you with a comprehensive foundation in the field.
View
Risk Management in Portfolios, Programs, and...
on Amazon
Show steps
-
Review the key concepts of project management.
-
Understand the different project management processes.
-
Apply the PMBOK Guide to your own projects.
Practice Creating a Work Breakdown Structure (WBS)
Show steps
Completing this tutorial will provide you with hands-on experience in creating a WBS, which is an essential project management tool.
Browse courses on
Resource Management
Show steps
-
Identify the project deliverables.
-
Decompose the deliverables into smaller, manageable tasks.
-
Organize the tasks into a hierarchical structure.
Three other activities
Expand to see all activities and additional details
Show all six activities
Estimate Activity Durations
Show steps
By practicing duration estimation, you will improve your ability to accurately predict how long tasks will take, leading to more effective project scheduling.
Browse courses on
Project Estimation
Show steps
-
Identify the factors that can affect the duration of an activity.
-
Use appropriate estimation techniques.
-
Refine your estimates based on feedback.
Calculate Project Float
Show steps
Calculating float will help you identify which activities have flexibility in their schedules and which ones are critical to the project's success.
Browse courses on
Project Scheduling
Show steps
-
Understand the concept of float.
-
Calculate the float for each activity in a project.
-
Analyze the float to identify critical and non-critical activities.
Develop a Project Cost Management Plan
Show steps
A solid cost management plan is essential for keeping your project within budget. This tutorial will guide you through the process of creating one.
Browse courses on
Project Cost Management
Show steps
-
Identify the cost categories for your project.
-
Estimate the costs for each category.
-
Develop a budget for your project.
Create a Project Charter
Show steps
This will help you to define the project's scope, objectives, and success criteria.
Browse courses on
Project Charter
Show steps
Show steps
Show steps
- Define the project scope.
- Establish the project objectives.
- Identify the stakeholders.
- Document the project charter.
Read “Project Management Body of Knowledge (PMBOK) Guide”
Show steps
The PMBOK Guide is widely recognized as the global standard for project management best practices. It will provide you with a comprehensive foundation in the field.
View
Risk Management in Portfolios, Programs, and...
on Amazon
Show steps
Show steps
Show steps
- Review the key concepts of project management.
- Understand the different project management processes.
- Apply the PMBOK Guide to your own projects.
Practice Creating a Work Breakdown Structure (WBS)
Show steps
Completing this tutorial will provide you with hands-on experience in creating a WBS, which is an essential project management tool.
Browse courses on
Resource Management
Show steps
Show steps
Show steps
- Identify the project deliverables.
- Decompose the deliverables into smaller, manageable tasks.
- Organize the tasks into a hierarchical structure.
Three other activities
Expand to see all activities and additional details
Show all six activities
Estimate Activity Durations
Show steps
By practicing duration estimation, you will improve your ability to accurately predict how long tasks will take, leading to more effective project scheduling.
Browse courses on
Project Estimation
Show steps
Show steps
Show steps
- Identify the factors that can affect the duration of an activity.
- Use appropriate estimation techniques.
- Refine your estimates based on feedback.
Calculate Project Float
Show steps
Calculating float will help you identify which activities have flexibility in their schedules and which ones are critical to the project's success.
Browse courses on
Project Scheduling
Show steps
Show steps
Show steps
- Understand the concept of float.
- Calculate the float for each activity in a project.
- Analyze the float to identify critical and non-critical activities.
Develop a Project Cost Management Plan
Show steps
A solid cost management plan is essential for keeping your project within budget. This tutorial will guide you through the process of creating one.
Browse courses on
Project Cost Management
Show steps
Show steps
Show steps
- Identify the cost categories for your project.
- Estimate the costs for each category.
- Develop a budget for your project.
Career center
Learners who complete Budgeting and Scheduling Projects will develop knowledge and skills
that may be useful to these careers:
Project Manager
Project Manager
Project Managers utilize scheduling techniques to organize teams of engineers, architects, and other staff members who contribute to building projects. They use budgeting skills to manage their teams' resources. The course Budgeting and Scheduling Projects from the University of California, Irvine can help aspiring Project Managers with developing the expertise they need. This course will help you learn to create a project budget with realistic cost constraints, decompose work packages into activities, define what is needed to estimate activity durations, and create a network diagram. The course will also teach you how to determine the critical path and calculate float, define milestones and a create a milestone schedule, describe the purpose of using leads and lags in a project schedule, and recognize the components of a project’s quality management plan. These skills are all essential for Project Managers working to lead teams in planning, executing, and controlling any project.
Construction Manager
Construction Manager
Construction Managers need to plan and stick to time and cost constraints in order to avoid delays and cost overruns. The Budgeting and Scheduling Projects course can help aspiring Construction Managers with developing the expertise they need. The course teaches students how to create a project budget with realistic cost constraints, decompose work packages into activities, and define what is needed to estimate activity durations. Students will also learn to create a network diagram, determine the critical path and calculate float, and define milestones and create a milestone schedule. These skills are all essential for Construction Managers working to plan, execute, and control any construction project.
Civil Engineer
Civil Engineer
Civil Engineers oversee projects from start to finish, including planning, budgeting, and scheduling. The Budgeting and Scheduling Projects course from the University of California, Irvine can help aspiring Civil Engineers with developing the expertise they need. The course teaches students how to create a project budget with realistic cost constraints, decompose work packages into activities, and define what is needed to estimate activity durations. Students will also learn to create a network diagram, determine the critical path and calculate float, and define milestones and create a milestone schedule. These skills are all essential for Civil Engineers working to ensure that their projects are completed on time and within budget.
Estimator
Estimator
Estimators need to be able to estimate the quantities and costs of resources required to perform project activities. The Budgeting and Scheduling Projects course from the University of California, Irvine can help aspiring Estimators with developing the expertise they need. The course teaches students how to estimate the quantities and costs of resources required to perform project activities. This is a key skill for Estimators who need to be able to provide accurate estimates to clients.
Scheduler
Scheduler
Schedulers play a vital role in planning and executing projects. They use scheduling techniques to create a project schedule that outlines the tasks that need to be completed, the order in which they need to be completed, and the resources that will be needed. The Budgeting and Scheduling Projects course from the University of California, Irvine can help aspiring Schedulers with developing the expertise they need. The course teaches students how to create a network diagram, determine the critical path and calculate float, and define milestones and create a milestone schedule. These skills are all essential for Schedulers who need to be able to create realistic and achievable project schedules.
Financial Analyst
Financial Analyst
Financial Analysts may be involved in the budgeting process for projects. The Budgeting and Scheduling Projects course from the University of California, Irvine may be useful for aspiring Financial Analysts who will work with project teams to develop project budgets.
Cost Engineer
Cost Engineer
Cost Engineers estimate and control costs for projects. The Budgeting and Scheduling Projects course may be useful for aspiring Cost Engineers who want to learn more about project budgeting.
Project Controller
Project Controller
Project Controllers monitor and control project costs. The Budgeting and Scheduling Projects course may be useful for aspiring Project Controllers who want to learn more about project budgeting.
Quantity Surveyor
Quantity Surveyor
Quantity Surveyors estimate and control costs for construction projects. The Budgeting and Scheduling Projects course may be useful for aspiring Quantity Surveyors who want to learn more about project budgeting.
Construction Estimator
Construction Estimator
Construction Estimators estimate the costs of construction projects. The Budgeting and Scheduling Projects course may be useful for aspiring Construction Estimators who want to learn more about project budgeting.
Budget Analyst
Budget Analyst
Budget Analysts develop and manage budgets for organizations. The Budgeting and Scheduling Projects course may be useful for aspiring Budget Analysts who want to learn more about project budgeting.
Accountant
Accountant
Accountants may be involved in the budgeting process for projects. The Budgeting and Scheduling Projects course may be useful for aspiring Accountants who want to learn more about project budgeting.
Financial Manager
Financial Manager
Financial Managers oversee the financial operations of organizations. The Budgeting and Scheduling Projects course may be useful for aspiring Financial Managers who want to learn more about project budgeting.
Operations Manager
Operations Manager
Operations Managers oversee the operations of organizations. The Budgeting and Scheduling Projects course may be useful for aspiring Operations Managers who want to learn more about project budgeting.
Business Analyst
Business Analyst
Business Analysts analyze and improve business processes. The Budgeting and Scheduling Projects course may be useful for aspiring Business Analysts who want to learn more about project budgeting.
For more career information including salaries, visit:
OpenCourser.com/course/k4jd99/budgeting
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
Budgeting and Scheduling Projects.
Widely respected and authoritative guide to project management, providing a comprehensive overview of the field and emphasizing practical applications.
Comprehensive and detailed guide to project management, providing in-depth knowledge and techniques for experienced project managers and professionals.
Comprehensive textbook that covers all aspects of project management in construction. It follows the PMBOK guide and provides practical guidance on how to apply project management principles to design and construction projects.
Save
Comprehensive guide to agile project management using the Scrum framework, providing practical insights and techniques for effective project execution.
Provides in-depth coverage of cost management techniques for capital projects, including budgeting, cost estimating, cost control, and cost reporting.
Focuses on project management in the context of information technology projects, covering topics such as agile methodologies and software development.
Provides a comprehensive overview of construction scheduling, covering the planning, control, and execution of construction projects.
Focuses on quality management in projects, covering topics such as quality planning, quality control, and quality assurance.
Save
Provides a step-by-step guide to cost estimating for construction projects. It covers all aspects of cost estimating, from data collection to cost analysis.
Offers a beginner-friendly introduction to project management, covering essential concepts and providing practical guidance for managing small-scale projects.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/k4jd99/budgeting
Share
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Effort
4 weeks of study, 2-3 hours/week
Via
Coursera
Institution
University of California, Irvine
Instructor
Margaret Meloni, MBA, PMP
Language
English
Transcripts
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آذربایجان دیلی
This course belongs to a
collection
called
Project Management Principles and Practices. It's comprised of four courses:
- Budgeting and Scheduling Projects (viewing)
- Managing Project Risks and Changes
- Initiating and Planning Projects
- Project Management Project
Good to know
Useful for learners with no background in project management
Develops skills that are core for project managers in any industry
Taught by instructors who are experienced project management professionals
Facilitates strong understanding of project planning and budgeting
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