Budgeting and Scheduling Projects

Objectives

• Understand the fundamentals of project budgeting and scheduling.
• Learn to develop realistic project budgets and schedules.
• Master tools and techniques for effective resource allocation.
• Gain skills to monitor, control, and adjust budgets and schedules during project execution.

Content

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).

DATE:
1ST BATCH: 25th – 28th Feb, 2025
2ND BATCH: 1st – 4th July, 2025
3RD BATCH: 11th – 14th Nov, 2025