Scheduling & Cost Control

Successful project delivery requires more than developing an initial plan and budget. Project teams must be able to translate scope into realistic schedules, establish reliable cost baselines, monitor actual performance, anticipate deviations, and take corrective action before delays and cost overruns become critical.

The Scheduling & Cost Control course from BOOST provides participants with a practical understanding of the integrated processes used to plan, schedule, monitor and control project time and cost.

With particular relevance to construction and operational project environments, the program covers work breakdown structures, activity planning, scheduling techniques, critical path analysis, resource considerations, cost estimating and budgeting, project baselines, progress measurement, Earned Value Management, forecasting, variance analysis and corrective action.

Throughout the course, participants will work with practical exercises and project scenarios to develop their ability to interpret project information, identify schedule and cost risks, communicate performance effectively, and support timely management decision-making.

• Understand the principles of integrated project scheduling and cost control.
• Translate project scope into a structured and measurable project plan.
• Develop effective Work Breakdown Structures (WBS).
• Define activities, milestones, dependencies and sequencing.
• Develop realistic project schedules.
• Apply Critical Path Method (CPM) techniques.
• Identify schedule constraints, float and critical activities.
• Understand resource requirements and their impact on project schedules.
• Develop project cost estimates and budgets.
• Establish schedule and cost baselines.
• Monitor actual progress against approved baselines.
• Measure project schedule and cost performance.
• Apply Earned Value Management (EVM) techniques.
• Calculate and interpret schedule and cost variances.
• Forecast project completion dates and final costs.
• Identify potential schedule delays and cost overruns at an early stage.
• Develop corrective and recovery actions.
• Understand the impact of project changes on schedule and budget.
• Prepare meaningful project control reports and dashboards.
• Communicate project performance effectively to stakeholders and management.