Project Monitoring, Reporting and Control

Every year large numbers of projects significantly overrun their budgets and schedules, often with sizable increases in costs, or substantial financial losses to the organization. This is due mainly to the failure of many project managers to successfully apply the tools and techniques of modern project management to their projects.

This course will provide you with a proven set of methods, processes, tools and techniques to:

• Develop an integrated scope, schedule and cost management plan
• Measure, forecast and control project performance
• Estimate and allocate costs and resources
• Manage and mitigate risks associated with the project
• Develop a recovery plan for budget and schedule overruns
• Produce clear and concise project reports

Course Objectives

Upon successful completion of this course, the delegates will be able to:

• Monitor schedule, cost and quality performance during project execution.
• Use earned value to measure schedule and cost performance.
• Learn the principles of scope management and change control.
• Communicate project progress effectively.
• Become familiar with the project control function of project software such as Microsoft Project.

Who Should Attend?

This course will benefit Project managers and others responsible for the planning and implementation of projects.

This is designed for project team leaders, project planning engineers and heads, and senior project control and business services professionals who have the responsibility for planning and controlling project schedules and costs in client and contracting companies.

Course Outline

Day 1

• Project integration management (review)
• Project baseline development (review)
• Team dynamics of project execution

Day 2

• Role of the project manager during project execution
• Project change management
• Contents of project progress report

Day 3

• Principles of earned value management
• Cost performance index and variance
• Schedule performance index and variance

Day 4

• Interpretation of earned value computation results
• Cost estimation to project completion
• Risk monitoring log and other essential logs

Day 5

• Project dashboard
• Progress reporting charts

Course Methodology

A variety of methodologies will be used during the course that includes:

• (30%) Based on Case Studies
• (30%) Techniques
• (30%) Role Play
• (10%) Concepts
• Pre-test and Post-test
• Variety of Learning Methods
• Lectures
• Case Studies and Self Questionaires
• Group Work
• Discussion
• Presentation

Course Fees

This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.

Course Timings

Daily Course Timings
08:00 - 08:20       Morning Coffee / Tea
08:20 - 10:00       First Session
10:00 - 10:20       Coffee / Tea / Snacks
10:20 - 12:20       Second Session
12:20 - 13:30       Lunch Break & Prayer Break
13:30 - 15:00       Last Session