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Developing Project Schedules and Budgets

Casey Ayers

Effective project leaders bring their initiatives in on time and on budget, but that starts by creating a schedule and budget in the first place. Learn the fundamentals of project budgeting and scheduling and how they relate with one another.

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Effective project leaders bring their initiatives in on time and on budget, but that starts by creating a schedule and budget in the first place. Learn the fundamentals of project budgeting and scheduling and how they relate with one another.

Effective project leaders bring their initiatives in on time and on budget, but that starts by creating a schedule and budget in the first place. In this course, Developing Project Schedules and Budgets, you’ll learn the fundamentals of project scheduling and budgeting, and how you can put in motion the actions necessary to create new value. First, you’ll learn how scheduling and budgeting relate to one another, and how they are managed concurrently. Then, you’ll learn how to sketch out the big-picture outlook for your project’s work, using milestones and roadmaps. After that, you’ll explore the options available for acquiring and deploying resources to accomplish project objectives, and how they impact our scheduling and budgeting efforts. Then, you’ll learn about the interdependencies that exist between project activities, and how you can effectively sequence efforts in order to maximize value creation. Finally, you’ll learn what goes into assembling a project schedule and budget, and how to assess team performance against these benchmarks, bringing together the fundamental techniques you’ve learned along the way. By the end of this course, you’ll understand how project schedules and budgets are developed, and be ready to more effectively lead your project team.

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What's inside

Syllabus

Course Overview
Balancing Project Scheduling and Budgeting
Drafting a Project Roadmap
Selecting Project Resources
Read more
Sequencing Project Activities
Building Schedules and Budgets

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Provides a solid grasp of project scheduling and budgeting fundamentals for effective project leadership
Emphasizes the practical application of skills through its focus on creating real-world schedules and budgets
Covers essential topics such as roadmap creation, resource allocation, and activity sequencing for comprehensive project planning
Instructors Casey Ayers have expertise in project management, bringing valuable industry insights
Provides a strong foundation for those seeking to enhance their project scheduling and budgeting skills

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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 Developing Project Schedules and Budgets with these activities:
Review Project Management Fundamentals
Brush up on the basic concepts and principles covered in the course to ensure you have a solid understanding before diving into the details.
Show steps
  • Review project management books or articles to refresh your knowledge of the core concepts.
  • Summarize the key concepts in your own words to reinforce your understanding.
Create a Sample Project Schedule
Solidify your understanding of project scheduling by creating a sample schedule for a project of your choice.
Browse courses on Work Breakdown Structure
Show steps
  • Define the project scope and objectives.
  • Break down the project into smaller tasks.
  • Estimate the time and resources required for each task.
  • Create a timeline or Gantt chart to visualize the project schedule.
  • Review and adjust the schedule to optimize efficiency.
Attend Industry Events on Project Management
Expand your professional network and stay updated on industry best practices by attending industry events focused on project management.
Show steps
  • Identify relevant industry conferences, workshops, or meetups.
  • Attend events and engage with professionals in the field.
  • Share your knowledge and experiences with others.
Show all three activities

Career center

Learners who complete Developing Project Schedules and Budgets will develop knowledge and skills that may be useful to these careers:
Project Manager
Project Managers perform a variety of tasks to ensure a project’s successful completion. These tasks include planning, organizing, and directing a project's resources, ensuring that it's completed within budget and on time. Developing Project Schedules and Budgets can help you succeed in this role because it provides a foundational understanding of budgeting, project management strategies, and the proper sequencing of project activities.
Program Manager
Program Managers are responsible for supervising and managing an entire program and the multiple projects within it. They develop budgets, allocate resources, and establish timelines for successful program completion. The principles you will learn in Developing Project Schedules and Budgets are directly applicable to the work of Program Managers.
Product Manager
Product Managers are responsible for defining and managing a product throughout its lifecycle. This often involves setting a product vision and strategy, as well as planning and executing the product roadmap. Developing Project Schedules and Budgets is an excellent resource for those seeking a career in product management as it helps establish time and resource constraints to successful product development.
Construction Manager
Construction Managers oversee all aspects of a construction project. Developing Project Schedules and Budgets can be particularly helpful for those working in construction management as it provides grounding in scheduling and budgeting—integral to ensuring a project's success.
Marketing Manager
Marketing Managers develop and execute marketing campaigns to promote products and services. Developing Project Schedules and Budgets can be helpful for aspiring Marketing Managers, as it provides a solid understanding of budgeting and planning for successful campaigns and initiatives.
Business Analyst
Business Analysts are responsible for analyzing business processes and systems to identify areas for improvement. They often work with project teams to implement new systems and processes. Developing Project Schedules and Budgets can provide Business Analysts with a deeper understanding of project scheduling and budgeting, enabling them to effectively collaborate with project teams.
Financial Analyst
Financial Analysts help businesses make informed financial decisions. Developing Project Schedules and Budgets may be helpful for those pursuing a career in Financial Analysis as it provides a foundation in budgeting concepts and practices.
Operations Manager
Operations Managers oversee the day-to-day operations of a business, including planning, executing, and controlling processes and activities. Developing Project Schedules and Budgets can provide Operations Managers with a better understanding of planning, scheduling, and budgeting—all of which are essential to effective operations management.
Quality Assurance Manager
Quality Assurance Managers are responsible for ensuring that products and services meet quality standards. Developing Project Schedules and Budgets may be useful for those working in this field by providing a framework for planning and executing quality assurance processes.
Sales Manager
Sales Managers oversee sales teams and are responsible for achieving sales goals. Developing Project Schedules and Budgets may be helpful for Sales Managers as it provides insights into planning and managing sales activities and resources.
Human Resources Manager
Human Resources Managers are responsible for overseeing all aspects of human resources for an organization. Developing Project Schedules and Budgets may be helpful for those working in human resources, as it provides a foundation in planning and budgeting for human resource initiatives.
Consultant
Consultants provide expert advice and guidance to businesses on a variety of topics. Developing Project Schedules and Budgets may be helpful for aspiring Consultants as it provides a solid understanding of project management principles that can be applied to consulting engagements.
Entrepreneur
Entrepreneurs start and run their own businesses. Developing Project Schedules and Budgets may be beneficial to aspiring entrepreneurs, as it can help them develop the skills necessary to plan, schedule, and budget for their own ventures.
Executive Assistant
Executive Assistants provide administrative and managerial support to executives. Developing Project Schedules and Budgets may be of some help to those seeking a career as an Executive Assistant, as it provides a basic understanding of project management principles and practices.
Administrative Assistant
Administrative Assistants provide administrative and clerical support to organizations and individuals. Developing Project Schedules and Budgets may be marginally helpful for Administrative Assistants, as it can provide some insights into project planning and scheduling.

Reading list

We've selected 13 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 Developing Project Schedules and Budgets.
Is the official guide to the Project Management Body of Knowledge (PMBOK®). It valuable resource for those who want to learn more about project management best practices.
Is the official guide to the sixth edition of the Project Management Body of Knowledge (PMBOK®). It valuable resource for those who want to learn more about project management best practices.
Provides a comprehensive overview of project management, including scheduling and budgeting. It valuable resource for those who want to learn more about project management in general.
Provides a comprehensive overview of project management, including scheduling and budgeting. It valuable resource for those who want to learn more about project management in general.
Provides a unique perspective on project management, focusing on the human side of the equation. It valuable resource for those who want to learn more about the soft skills of project management.
Provides a framework for personal and professional development. It valuable resource for those who want to improve their leadership skills.
Provides a framework for building and launching successful businesses. It valuable resource for those who want to learn more about entrepreneurship and innovation.
Provides a basic overview of project management concepts and principles, including scheduling and budgeting. It good starting point for those new to project management.
Provides a framework for developing and executing good strategy. It valuable resource for those who want to learn more about strategic planning.
Fable about a team that is struggling to function effectively. It provides insights into the importance of team dynamics and communication.
Provides a framework for negotiating agreements. It valuable resource for those who want to improve their negotiation skills.
Save
Provides insights into what motivates people. It valuable resource for those who want to learn more about motivation and leadership.

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