Project Scheduling, Cost Planning & Value Engineering Skills

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1 An ISO 9001:2015 & ISO 29990:2010 Certified Company This course is registered with the Project Management Institute (PMI) R.E.P. Program* Project Scheduling, Cost Planning & Value Engineering Skills Nov 2018, London 22 Apr - 03 May 2019, London Jul 201, Amsterdam Nov 2019, London 12-JUL-18 PM

2 Project Scheduling, Cost Planning & Value Engineering Skills This course is registered with the Project Management Institute (PMI) R.E.P. Program* The Structure This comprehensive course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day courses. Module 1 - Project Scheduling & Cost Planning Skills Module 2 - Value Engineering Skills: Improving Performance & Profitability Who is this Training Course for? This AZTech training course is suitable to a wide range of professionals but will greatly benefit: Those who have a role in various projects such as cost estimators, project schedulers, project designers, project planner, contracts 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. Those who are interested in knowing more about estimation and control in a project environment. Anyone involved in project initiation, engineering design, and critical assessment of projects All those responsible for making significant decisions concerning plans and budgets for large and complex projects Project or Program Sponsors, Project Managers, Cost Estimators, Cost Controllers, Engineers, Designers and Project Staff All those aspiring to deliver better value in all sectors of the economy from major projects in construction, manufacturing, petro-chemical, healthcare, education legal and public services What are the Goals? By the end of this AZTech training course, participants will be able to: Manage and mitigate schedule, cost, scope, and resource risks associated with the project Develop a project recovery plan for budget and schedule overruns Identify value mismatches through the ratio of whole life costing Capture & incorporate stakeholders input in the development of the project charter & plan. Know the fundamental concepts of Value Engineering and Analysis How will this Training Course be Presented? This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The training course is highly interactive and presents knowledge through formal and interactive learning methods. The training course includes individual exercises, team projects, applicable case studies and group discussions. The material has been designed to enable delegates to apply all of the material with immediate effect at the office. In addition, the training course will take delegates through the systematic step-by-step VE methodology through interactive speaker input, case studies and practice exercises. The exercises will provide participants with hands on experience of applying the techniques to a simple project and will facilitate group discussion. AZTech Training and Consultancy

3 Module 1: Project Scheduling & Cost Planning Skills DAY ONE: Project Estimating Basics Basic Project Management definitions Triple Constraints Time, Cost, Scope Project Selection Methods Defining the Project Scope Cost & Schedule Estimation, cost Budgeting & Control Project Schedule Planning and Critical Path Method DAY FOUR: Measuring Project Performance Balanced Project Schedule without Buffers (Finish-Start) and Inserting 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 TWO: Developing Project Budget & Schedule Control Project management inputs to cost budgeting 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 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 AZTech Certificate of Completion for delegates who attend and complete the course The applicable PMI Professional Development Units/ Contact Hours will be reflected in the Certificate of Completion Project Scheduling, Cost Planning & Value Engineering Skills

4 The Course Content Module 2: Value Engineering Skills: Improving Performance & Profitability DAY SIX: Framework for Applying Value Engineering in Projects DAY NINE: The Evaluation Phase -Making Informed Project Decisions Defining Value and Value Engineering concepts and principles How and when is Value Engineering applied? Project definition through stakeholder analysis and management Team player styles Identifying relationships between Value, Cost and Worth Overview of Different Value Engineering Phases DAY SEVEN: The Function Analysis Phase - Expressing Project Functional Needs and Constraints The Information Phase steps and procedures Developing Value Engineering Job Plan Defining project constraints What is function analysis and Function-Cost-Worth Analysis Developing FAST Diagrams to identify critical project components Cross-Functional Project Team Approach DAY EIGHT: The Creative Phase - Inspiring Creativity in Your Project Team Creativity and Creative thinking within the project environment Creative thinking techniques Reaching consensus and leveraging the power of project team collaboration Project risk perception and identification Identifying priorities through paired comparison Output of the Creative Phase Project evaluation methods Performing project risk and scenario analyses Life-cycle costing techniques Incremental benefit-cost analysis for project evaluation Effective Decision-making in project environment Output of the Evaluation Phase DAY TEN: The Planning and Reporting Phases -Getting Results through Effective Communication Develop and assess VE proposals to optimize project value Action planning roles and responsibilities Reporting VE findings to Senior Management and project stakeholders Incorporating VE into the early project phases Integrating VE with Continuous Improvement Techniques Professional Recognition and Accreditation AZTech as an R.E.P. has been approved by PMI to issue applicable Professional Development Units (PDUs) for its Project Management training courses. PMI allows credential holders to apply PDUs to the maintenance of their credentials where one contact hour of training is equivalent to one PDU. The PMI Registered Education Provider logo and PMI are registered marks of the Project Management Institute, Inc. visit our website:

5 Project Scheduling, Cost Planning & Value Engineering Skills This fee is inclusive of Documentation, Lunch and Refreshments Date Venue Fees(USD) Book your seat Nov 2018 London - UK $9,900 Register Now 22 Apr - 03 May 2019 London - UK $11,900 Register Now Jul 2019 Amsterdam - The Netherlands $11,900 Register Now Nov 2019 London - UK $11,900 Register Now REGISTRATION DETAILS Family Name: First Name: Position: Company: Mailing Address: Telephone: Mobile: Fax: AUTHORISATION Authorised by: Position: Telephone: Fax: Postal Address: MODE OF PAYMENT Please invoice my company Please invoice me Please find enclosed a cheque payable to AZTECH HOTEL ACCOMMODATION Hotel accommodation is not included in the Registration Fee. A reduced corporate rate and a limited number of rooms are available for attendees wishing to stay at the hotel venue. Please make your request for accommodation at least 3 weeks prior to the commencement of the course. CANCELLATIONS & SUBSTITUTIONS You must notify the Registrar of cancellations at least 2 weeks before a scheduled seminar in order to be eligible for a credit. If you cannot attend, you may send a replacement from your organisation at no charge. There is a $250 handling charge for all cancellations or rescheduling. We reserve the right to cancel a seminar due to low enrollment. All registrants will be notified in advance and a full refund will be provided upon request. EVENT DISCLAIMER We reserve the right to cancel or postpone a seminar or related event, change venue, substitution of the Instructor at our sole discretion. If this occurs, our responsibility is limited to a refund of any registration fee(s) already paid. We are not responsible for airline tickets, hotels costs, other tickets or payments, or any similar fee penalties or related or unrelated losses, costs and/or expenses registrant may incur or have incurred as a result of any trip cancellations or changes. 4 WAYS TO REGISTER Toll Free: AZTECH Telephone: Fax Number: Address:... info@aztechtraining.com Visit our website:... CERTIFICATION AZTech Certificate of Completion for delegates who attend and complete the course The applicable PMI Professional Development Units/Contact Hours will be reflected in the Certificate of Completion

6 The Structure This comprehensive course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day courses. Module 1 - Project Scheduling & Cost Planning Skills Module 2 - Value Engineering Skills: Improving Performance & Profitability DOWNLOAD TRAINING PLAN 2018 Scan this code with your smart phone to download Training Plan Our training portfolio will provide you a number of seminars and courses to choose from depending on your organisational goals and personal development objectives. Contact Us: Toll Free: 800-AZTECH Telephone: Fax Number: info@aztechtraining.com Website: P.O. Box: Dubai, UAE Connect with us: aztechtraining +AztechOrgUkTraining aztechorguk