Advanced Project Scheduling and Risk Management
Project scheduling is a key function of the project controls. Getting this right means that our projects are more likely to deliver on time. This course will take you to the next level in your scheduling skills, enabling you to produce more reliable schedules and be confident that they can be delivered.
Too often, we see a project that overruns its schedule. However, it doesn’t have to be this way. Staring with the design of the schedule, we can use tried and tested methods that not only produce more reliable estimates but also enable us to keep the project on track once underway. Using these, we can produce a credible schedule that contains realistic and proportionate contingency for risk. These methods include the use of Quantitative Schedule Risk Analysis (QRSA) techniques, which allow us to identify, prioritise and estimate our schedule risks, and also plan appropriate responses once we are in the execution phase. We can also control the change that inevitably occurs in projects, ensuring that it is appropriately recognised, and then covered in re-estimates and baseline changes. Risk management and earned value management are two powerful tools used in managing projects, and we can integrate them for even greater effect.
Should the need arise, we can accelerate project progress, and know the upsides and downsides of doing so. And should we need to recover a failing project, we can develop reliable schedules to ensure we don’t fail twice over. Finally, schedule information is often misunderstood because it is not well communicated. We will learn how to get our information across so that it can be used effectively by all project stakeholders. Finally, we can all learn lessons from our projects, passing on both the good and the bad experiences so that future projects can deliver better results. This workshop will deal with all of these aspects and more, giving participants insights and tools to deal with them all.
Salvo’s online course will build upon delegates’ existing knowledge and experience to provide the tools and techniques to deal with all aspects of scheduling a wide range of projects, whilst taking proper account of project risk. In doing so, not will our projects be more likely to deliver on time, but the business benefits resulting from the project are more likely to be realised in full, to the benefit of all stakeholders.
Top Learning Objectives
- Select the best scheduling methods for your project
- Optimise schedule design
- Produce more reliable estimates
- Analyse variances and trends
- Optimise communication, reporting, and forecasting
- Improve baseline setting, maintenance and change management
- Learn how to accelerate or “crash” a schedule
- Control schedule progress effectively
- Develop robust schedules to recover failing projects
- Understand schedule quality control, assurance, and audit
- Learn lessons from project experiences and improve future projects’ controls
- Identify, analyse and quantify schedule risks, including use of QSRA
- Select the best schedule risk responses
- Identify schedule contingency needs
- Interface risk management with earned value methods
- Learn about critical chain, agile and other alternatives to traditional scheduling methods
Who Should Attend?
- Project Managers
- Project Controls Managers
- Project Controls Team Members
- Project Planners & Schedulers
- Risk Management Staff
- Project Management Office Staff
- Project Team Members
- Cost Controllers & Engineers
- Project Sponsors
- Project Consultants
- Project Specialists
- More than 30 years’ experience of managing projects in a variety of sectors, including oil and gas, IT, power delivery, water and broadcast industries
- Experienced course instructor, delivering a variety of project management-related courses
- A reviewer of national project management apprenticeship scheme
- Founding member and past chair, Association for Project Management (APM) Aberdeen
- Member Offshore Project Management Steering Group (UK North Sea)
- Leader UK ECITB Project Management Mentoring Scheme
- Conducts and commissions active research in the project management field
It is an interactive mix of lectures, case studies, group discussions, and activities. Together, they are used to illustrate and apply the methods, tools, and techniques that will help you to produce more reliable and robust schedules that can be consistently delivered as planned.
The practical techniques and examples covered in the course are designed to help delegates turn knowledge into a tangible benefit that can be applied upon return to the workplace.