Budgeting and Scheduling Projects

Introduction to Project Budgeting and Scheduling

• Importance of budgeting and scheduling in project success.
• Key components of project budgets and schedules.
• Overview of cost estimation methods.

Developing Project Budgets

• Steps in creating a project budget.
• Identifying and estimating costs: fixed, variable, and contingency.
• Allocating resources effectively within budget constraints.

Project Scheduling Techniques

• Basics of creating project timelines.
• Tools for scheduling: Gantt charts, critical path method (CPM), and PERT.
• Identifying dependencies and managing timelines.

Monitoring and Adjusting Budgets and Schedules

• Techniques for tracking progress and spending.
• Managing changes to scope, cost, and schedule.
• Tools for budget and schedule control: Earned Value Management (EVM).

1ST BATCH: Tuesday, February 17, 2026 — Friday, February 20, 2026.

2ND BATCH: Tuesday, June 9, 2026 — Friday, June 12, 2026.

3RD BATCH: Tuesday, October 6, 2026 — Friday, October 9, 2026.

The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.