Upcoming Sessions

24-28 Feb 2025Online$3,950
04-08 Aug 2025Online$3,950

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Online Training Course Overview

The Project Scheduling & Cost Planning Skills online training course is designed to teach you how to create comprehensive and reliable plans with accurate time and cost estimates that inspire high levels of confidence in project delivery from owners or sponsors.

The COVID-19 pandemic has exposed many vulnerabilities in project scheduling and cost management, highlighting the importance of creating realistic plans that account for risks throughout the project lifecycle.

While initial project decisions are often based on high-level conceptual estimates, more detailed planning is now crucial for developing precise cash flow projections and schedule forecasts. This course will emphasize the importance of considering how project tasks will be executed, whether remotely or on-site, and how teams can work safely while adhering to distancing rules.

This Anderson online training course will feature:

  • Gaining knowledge of techniques used in project estimating, from the conceptual stage to the final detailed estimate
  • Understanding the different types of estimates used to give confidence and progressively estimate project costs and schedule
  • Identifying risk sources and minimize their impact and learn how to sustain project momentum
  • Developing effective performance monitoring and control systems
  • An integrated approach to scope, time, resources and cost management into a dynamic and manageable model

Online Training Course Objectives

By the end of this online training course, participants will be able to:

  •  Confidently estimate project timescales and costs with appropriate resource management plans
  • Identify, assess and manage schedule, cost, scope and resource risks
  • Understand project performance and control
  •  Measure, forecast and control project performance by employing earned value techniques
  • Develop a project recovery plan for budget and schedule overruns

Designed for

This Anderson online training course is suitable to a wide range of professionals but will greatly benefit:

  • Those who have a project role such as project managers, cost estimators, project schedulers, project designers, project planner, contract professionals, project procurement and purchasing staff, and project control and business services professionals who have the responsibility for preparing cost / schedule estimates and project proposals in client and contracting companies
  • Senior managers who want to understand best practice in project management
  • Those who are interested in knowing more about estimation and control in a project environment

Learning Methods

This Anderson online training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.

This training course is highly interactive and presents knowledge through formal and interactive learning methods. This training course includes individual exercises, team projects, applicable case studies, video and group discussions. The material has been designed to enable delegates to apply all of the material with immediate effect at the office.

Additionally, this training course does not assume prior knowledge of the topics covered in the course. New concepts and tools are introduced gradually to enable delegates to progress from the fundamental to the advanced concepts of project risk management.

Download Course Brochure in Pdf format
Download Course Brochure

Online Training Course Overview

The Project Scheduling & Cost Planning Skills online training course is designed to teach you how to create comprehensive and reliable plans with accurate time and cost estimates that inspire high levels of confidence in project delivery from owners or sponsors.

The COVID-19 pandemic has exposed many vulnerabilities in project scheduling and cost management, highlighting the importance of creating realistic plans that account for risks throughout the project lifecycle.

While initial project decisions are often based on high-level conceptual estimates, more detailed planning is now crucial for developing precise cash flow projections and schedule forecasts. This course will emphasize the importance of considering how project tasks will be executed, whether remotely or on-site, and how teams can work safely while adhering to distancing rules.

This Anderson online training course will feature:

  • Gaining knowledge of techniques used in project estimating, from the conceptual stage to the final detailed estimate
  • Understanding the different types of estimates used to give confidence and progressively estimate project costs and schedule
  • Identifying risk sources and minimize their impact and learn how to sustain project momentum
  • Developing effective performance monitoring and control systems
  • An integrated approach to scope, time, resources and cost management into a dynamic and manageable model

Online Training Course Objectives

By the end of this online training course, participants will be able to:

  •  Confidently estimate project timescales and costs with appropriate resource management plans
  • Identify, assess and manage schedule, cost, scope and resource risks
  • Understand project performance and control
  •  Measure, forecast and control project performance by employing earned value techniques
  • Develop a project recovery plan for budget and schedule overruns

Designed for

This Anderson online training course is suitable to a wide range of professionals but will greatly benefit:

  • Those who have a project role such as project managers, cost estimators, project schedulers, project designers, project planner, contract professionals, project procurement and purchasing staff, and project control and business services professionals who have the responsibility for preparing cost / schedule estimates and project proposals in client and contracting companies
  • Senior managers who want to understand best practice in project management
  • Those who are interested in knowing more about estimation and control in a project environment

Learning Methods

This Anderson online training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.

This training course is highly interactive and presents knowledge through formal and interactive learning methods. This training course includes individual exercises, team projects, applicable case studies, video and group discussions. The material has been designed to enable delegates to apply all of the material with immediate effect at the office.

Additionally, this training course does not assume prior knowledge of the topics covered in the course. New concepts and tools are introduced gradually to enable delegates to progress from the fundamental to the advanced concepts of project risk management.

Day One: Project Estimating Basics

  • Basic project management definitions
  • Triple constraints – Time, Cost, Scope
  • Project selection methods
  • Defining project scope
  • Cost & schedule estimation, Cost budgeting & control
  • Project schedule management using the Critical Path Method

Day Two: Developing Project Budget & Schedule Control

  • Resource requirements
  • Direct & indirect project costs
  • Planning and scheduling limited resources
  • Options for accelerating the schedule
  • Crashing the schedule - How?

Day Three: Managing the Risk

  • Risk identification, analysis & management
  • Contingency reserve
  • PERT, probability and standard deviation formulae
  • Network activity risk profiles
  • Application: Estimating project duration
  • Project risk strategies

Day Four: Measuring Project Performance

  • Critical chain analysis and use of buffers
  • Comparison of unbalanced with balanced schedules
  • Measuring planned progress on schedule
  • Risk distribution in contracting
  • Actual progress and work conditions
  • Managing variable conditions

Day Five: Managing and Recovering Project Estimates

  • Schedule variances & cost variances
  • Progress control charts -trend analysis
  • Schedule and cost variance forecasting
  • Schedule and cost recovery analysis
  • Schedule and cost recovery plan
  • Project recovery baselines and controls

The Certificate

Anderson e-Certificate of Completion will be provided to delegates who attend and complete the online course

Info & In-house Solution

For more information about this course, call or email us at:

Call us: +971 4 365 8363

Email: info@anderson.ae

Request for a Tailor-made training and educational experience for your organization now:

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