• Learn how to use deliverables to develop a graph (network, diagram) of tasks.
  • Evaluate the duration of the project using the PERT and background approaches.
  • Identify, evaluate and rank required resources.
  • Learn how to estimate costs and time using different estimation techniques.
  • Develop a cost (budget) and deadline (schedule) framework that respects the constraints.
  • Plan a budget for risks, hazards and changes.
  • Use project history to forecast actual project costs.
  • Control modifications and close the project.

Target audience

This training is intended for project managers or managers, team members and any person in the company concerned with mastering both dimensions of the business world and having a few years of experience.


Having followed the training “The Basics of Project Management (level 1)”


Essential theoretical knowledge

  • Project Life Cycle reminders
  • Reminder of the triple constraint costs - time - content
  • Planning tools
  • Review of project needs
  • Deliverables - project breakdown structure (SDP - WBS)
  • The challenges of cost and time control

Estimating the needs

  • Use estimates to manage costs and deadlines
  • The basic rules for a good estimate
  • Precision levels and types of estimates: global, top-down, bottom-up, order of magnitude, reference budget, ex-post
  • Six estimation methods
  • Identify the costs that can be controlled by the project team and those that are less so
  • Plan and dimension correctly one (or more) envelope(s) for risks and hazards
  • The advantages of using a project office
  • When time is of essence
  • When costs are paramount

Time limitations

  • Network diagram (graph) with sequencing
  • Validation of deadlines and calendar
  • Sequencing methods: arrow diagram, history method
  • Determine mandatory, optional, external dependencies and offsets
  • Choice of sequencing and planning
  • The critical path(s)
  • Gantt chart and milestone table

The project's basic repositories

  • Establish the reference plan
  • Calculate, budget and use "envelopes" for risks and hazards
  • Cost trade-offs, delays, cuts
  • Use the least cost method
  • Adjust resource levels
  • Levelling resources to better control the project

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Next session(s)

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