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Ben Howard

This is an advanced project course, aimed at users who need to take their knowledge to the next level. Throughout the course, multiple features are combined to allow you to plan, track, analyse and report on your project like a seasoned professional.

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This is an advanced project course, aimed at users who need to take their knowledge to the next level. Throughout the course, multiple features are combined to allow you to plan, track, analyse and report on your project like a seasoned professional.

The aim of this course is to teach you the things that only the seasoned professionals know about Microsoft Project, but without incurring the battle scars! In this course, Advanced Resource, Budget, and Cost Management in Microsoft Project, you'll learn advanced skills required to track, analyze, and report on your project like a pro. First, you’ll learn how to analyze tasks to see what’s actually driving your schedule. Next, you’ll deal with money, looking at different resource rates and creating and tracking budgets. Finally, you’ll look at advanced project tracking, where you’ll combine several techniques to help you minimize the number of updates you need to perform and minimize the disruption to the rest of the schedule. When you’ve finished the course, you'll have the skills and knowledge to use Microsoft Project just like a seasoned professional.

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What's inside

Syllabus

Course Overview
Creating and Analyzing Task Dependencies
Leveling Resources to Ensure They Are Not Overallocated
Understanding Different Resource Rates
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Understanding and Using Budgets
Keeping the Plan up to Date
Managing Stakeholders - Advanced Communication Techniques
Creating a Custom Formula and Copying It to Other Projects
Sharing Resources between Multiple Plans and Master Projects
Exploring Other Learning Opportunities

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Teaches advanced skills to track, analyze, and report on projects
Instructed by Ben Howard, who is recognized for their expertise in Microsoft Project
Covers topics highly relevant to project management professionals
Provides a comprehensive study of advanced project management techniques
Suitable for seasoned professionals looking to enhance their Microsoft Project 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 Advanced Resource, Budget, and Cost Management in Microsoft Project with these activities:
Review Prerequisite: Task Dependency and Resource Management
Review the basics of task dependency and resource management in Microsoft Project to enhance your understanding of advanced concepts.
Browse courses on Resource Management
Show steps
  • Reread the relevant sections of your textbook or course materials on task dependency and resource management.
  • Complete practice exercises or quizzes to test your understanding of these concepts.
Analyze Resource Utilization and Leveling
Engage in hands-on practice to analyze resource utilization and apply leveling techniques to optimize project resource allocation.
Show steps
  • Use Microsoft Project to create a sample project with multiple tasks and resources.
  • Simulate different resource allocation scenarios and observe the impact on the project schedule.
  • Apply leveling techniques to balance resource workload and minimize resource conflicts.
Project Budget Plan Development
Create a comprehensive project budget plan that incorporates resource rates, cost estimates, and budget tracking mechanisms.
Show steps
  • Gather data on resource rates, material costs, and other expenses associated with the project.
  • Develop a detailed budget plan that includes cost estimates for each task and project phase.
  • Establish mechanisms for tracking and monitoring project costs against the budget.
Four other activities
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Show all seven activities
Explore Advanced Project Tracking Techniques
Follow guided tutorials or online resources to learn advanced project tracking techniques, such as earned value management and risk analysis.
Show steps
  • Identify reputable online tutorials or resources on advanced project tracking techniques.
  • Follow the instructions and complete the exercises provided in these tutorials.
  • Apply the techniques you learn to enhance project tracking and decision-making.
Contribute to Microsoft Project User Groups
Engage with the Microsoft Project user community by participating in online forums or contributing to open-source projects related to Microsoft Project.
Show steps
  • Join online forums or user groups dedicated to Microsoft Project.
  • Participate in discussions and share your knowledge and experience with other users.
  • Identify opportunities to contribute to open-source projects that enhance Microsoft Project capabilities.
Attend a Microsoft Project Advanced Workshop
Enroll in an in-person or virtual workshop specifically designed to enhance advanced skills in Microsoft Project.
Show steps
  • Research and identify reputable Microsoft Project advanced workshops.
  • Register and participate in the workshop, actively engaging in discussions and hands-on exercises.
  • Apply the knowledge and techniques learned in the workshop to your project management practice.
Seek Guidance from Experienced Microsoft Project Professionals
Connect with experienced professionals in the field and seek their guidance on advanced Microsoft Project concepts and best practices.
Show steps
  • Identify potential mentors through professional networking platforms or industry events.
  • Reach out to these individuals and express your interest in seeking their mentorship.
  • Schedule regular meetings to discuss project management challenges, receive feedback, and gain insights.

Career center

Learners who complete Advanced Resource, Budget, and Cost Management in Microsoft Project will develop knowledge and skills that may be useful to these careers:
Project Manager
In the field of project management, your daily tasks involve planning, executing, and closing out projects. To execute projects successfully, you need to manage budgets, schedules, and resources. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop your project management skills, particularly in managing resources and budgets. It focuses on teaching you how to perform resource leveling, understand different resource rates, create budgets, and track and analyze costs. This course can help you become a more effective and efficient Project Manager and increase your chances of project success.
Cost Estimator
As a Cost Estimator, your responsibilities include calculating the costs of projects and services. You need to consider various factors such as materials, labor, and overhead costs. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can enhance your cost estimating skills by teaching you how to create and manage budgets, analyze costs, and track project expenses. This course can help you improve the accuracy of your cost estimates and become a more valuable asset to your organization.
Construction Manager
As a Construction Manager, you oversee the planning, execution, and completion of construction projects. Managing resources, budgets, and costs is critical to the success of your projects. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop the skills you need to manage construction projects effectively. It will teach you how to create and manage project schedules, allocate resources, and track costs. This course can help you become a more successful Construction Manager and increase your chances of project success.
Budget Analyst
As a Budget Analyst, you analyze, develop, and implement budgets for organizations. You need to understand how to manage budgets, track expenses, and analyze financial data. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can provide you with valuable skills in budget management. It will teach you how to create and manage budgets, track and analyze costs, and create reports. This course can help you become a more effective Budget Analyst and contribute to the financial success of your organization.
Financial Analyst
As a Financial Analyst, you analyze financial data to make recommendations on investments and business decisions. You need to have a strong understanding of financial principles and be able to analyze complex financial data. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you build a foundation in financial analysis by teaching you how to create and manage budgets, track and analyze costs, and create reports. This course can help you become a more well-rounded Financial Analyst and increase your chances of success in the field.
Program Manager
As a Program Manager, you oversee the planning, execution, and completion of multiple projects. You need to be able to manage resources, budgets, and costs across multiple projects. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop the skills you need to manage programs effectively. It will teach you how to create and manage project schedules, allocate resources, and track costs. This course can help you become a more successful Program Manager and increase your chances of project success.
Operations Manager
As an Operations Manager, you oversee the day-to-day operations of an organization. You need to be able to manage budgets, resources, and costs to ensure the smooth operation of your organization. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can provide you with valuable skills in operations management. It will teach you how to create and manage budgets, track and analyze costs, and create reports. This course can help you become a more effective Operations Manager and contribute to the success of your organization.
Resource Manager
As a Resource Manager, you are responsible for managing the resources of an organization. You need to be able to allocate resources to projects, track resource usage, and manage resource costs. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop the skills you need to manage resources effectively. It will teach you how to create and manage resource pools, allocate resources to projects, and track resource usage. This course can help you become a more successful Resource Manager and contribute to the success of your organization.
Business Analyst
As a Business Analyst, you analyze business processes and make recommendations on how to improve them. You need to be able to understand business needs, analyze data, and create solutions. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop your analytical skills by teaching you how to analyze tasks, identify dependencies, and create project schedules. This course can help you become a more effective Business Analyst and contribute to the success of your organization.
Project Accountant
As a Project Accountant, you are responsible for managing the financial aspects of projects. You need to be able to track project costs, create financial reports, and analyze project profitability. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop the skills you need to manage project finances effectively. It will teach you how to create and manage budgets, track and analyze costs, and create financial reports. This course can help you become a more successful Project Accountant and contribute to the success of your organization.
Cost Engineer
As a Cost Engineer, you analyze and manage the costs of projects. You need to be able to estimate costs, track project expenses, and identify cost-saving opportunities. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop the skills you need to manage project costs effectively. It will teach you how to create and manage budgets, track and analyze costs, and create cost reports. This course can help you become a more successful Cost Engineer and contribute to the success of your organization.
Risk Manager
As a Risk Manager, you identify, assess, and manage risks to an organization. You need to be able to analyze risks, develop mitigation strategies, and monitor risks. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop your risk management skills by teaching you how to analyze tasks, identify dependencies, and create project schedules. This course can help you become a more effective Risk Manager and contribute to the success of your organization.
Procurement Manager
As a Procurement Manager, you are responsible for managing the procurement of goods and services for an organization. You need to be able to negotiate contracts, manage suppliers, and track procurement costs. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop the skills you need to manage procurement effectively. It will teach you how to create and manage budgets, track and analyze costs, and create procurement reports. This course can help you become a more successful Procurement Manager and contribute to the success of your organization.
Supply Chain Manager
As a Supply Chain Manager, you are responsible for managing the flow of goods and services from suppliers to customers. You need to be able to plan, execute, and control supply chain activities. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop the skills you need to manage supply chains effectively. It will teach you how to create and manage project schedules, allocate resources, and track costs. This course can help you become a more successful Supply Chain Manager and contribute to the success of your organization.
Operations Research Analyst
As an Operations Research Analyst, you use mathematical and statistical techniques to solve business problems. You need to be able to analyze data, develop models, and make recommendations. The Advanced Resource, Budget, and Cost Management in Microsoft Project course can help you develop your analytical skills by teaching you how to analyze tasks, identify dependencies, and create project schedules. This course can help you become a more effective Operations Research Analyst and contribute to the success of your organization.

Reading list

We've selected nine 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 Advanced Resource, Budget, and Cost Management in Microsoft Project.
Provides a comprehensive overview of project management, covering both traditional and agile approaches. It valuable resource for anyone who wants to learn more about the different approaches to project management.
Is the definitive guide to project management. It provides a comprehensive overview of the project management profession and covers all the key concepts and processes.
Provides a unique and insightful perspective on project management. It great read for anyone who wants to learn more about the art and science of project management.
Provides a comprehensive and in-depth overview of project management. It valuable resource for anyone who wants to learn more about the theory and practice of project management.
Provides a comprehensive overview of Microsoft Project 2016, covering all the essential features and functions you need to know to manage projects effectively.
Provides a comprehensive overview of earned value management (EVM), a project management technique that helps you track progress and identify potential problems.
Provides a comprehensive overview of project management with PRINCE2, a project management methodology that is widely used in the UK and other countries.
Provides a comprehensive overview of project management. It covers all the essential concepts and processes you need to know to manage projects effectively.
Provides step-by-step instructions for using Microsoft Project 2019. It great resource for beginners who want to learn the basics of the software.

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