course overview
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Overview
This two day event consolidates and expands on effective project planning and control taught in the Foundation Course. Effective planning and control requires an understanding of a clear project definition, supported by a robust approach to planning the project. This, in turn requires the selection and use of appropriate scheduling techniques which are supported by rigorous monitoring for effective proactive control. A sound basis for effective record keeping will facilitate the understanding of lessons learned which supports continuous improvement, thus adding value to organisational aspirations and objectives.
Audience
Skills Gained
Prerequisites
Delegates attending this course will need to have attended and successfully passed the Foundation examination. Delegates are required to provide proof of passing the Foundation examination. Delegates are also required to bring a form of photographic identification to show the invigilator. Failure to bring either proof of passing Foundation or photographic identification may result in not being able to sit the examination.
Pre-Course Reading
Delegates are required to have a copy of the APM Planning, Scheduling, Monitoring and Control Manual. This would have been provided on the Foundation course - otherwise, the ISBN is: 978-1-903494-44-8. Delegates must bring this book with them to the course. This 353 page document is the basis for the course as well as the Practitioner Exam. Ideally delegates will have read this document but they must be familiar with the entire book.
Outline
The course uses a unique multimedia case-studies and accelerated-learning techniques to ensure that theory is embedded and delegates feel confident in the practical application of learning points. Additional evening work will be required in the form of consolidation reading and mock examination questions. The evening work is an integral part of the course and delegates should expect to spend approximately two hours on these activities each evening. The evening work is aimed at helping effective preparation for the examination.
The course will cover the following syllabus areas:
DEFINITION (DE)
Delegates are introduced to the world of projects and capital expenditure. The following key areas are covered:
PLANNING (PL)
The following areas will be discussed:
SCHEDULING (SC)
The following areas will be discussed:
1. Identification
2. Coding
3. Integration and impact analysis (incl. internal and external integration)
4. Impact resolution
MONITOR AND CONTROL (MC)
The following areas will be discussed:
1. Its reliance on Monte Carlo analysis
2. The two elements of QSRA
3. Process – stages and their characteristics
4. Outputs (Probability Charts and Tornado Charts)
1. Process – stages and their characteristics
2. Outputs (Cumulative Normal Distributions (S-curves) for cost impacts, Sensitivity (Tornado) Charts and QSRA Percentiles)
3. Use of Sensitivity Analysis
1. As-Planned vs. As-Built Method (AP v AB)
2. Impacted As-Planned Method (IAP)
3. Collapsed As-built Method (CAB) or AS-built But For (ABBF)
4. Time Impact Analysis Method (TIA)
1. Drop line method
2. Activity Weeks method
3. Milestone monitoring
4. Cash Flow monitoring
5. Resource monitoring
6. Network Analysis and measurement of float usage
1. Curves showing Planned Value, Actual Cost and Earned Value, Cost and Schedule Variance
2. Cost and Schedule Variance Charts
3. Bulls Eye Performance Charts
In order to determine the status of the project and identify the likely causes of the reported performance
1. Cost Variance (CV)
2. Schedule Variance (SV)
3. Schedule Performance Index (SPI) Cost Performance Index (CPI)
1. Estimate At Completion (EAC)
2. Estimate To Complete (ETC) Estimate Time To Complete (ETTC)
1. Change Request
2. Change Log
3. Monthly Change Report
1. Probability Charts
2. Tornado Chart
3. Quantitative Schedule Risk Analysis (QSRA) Chart Duration Uncertainty Tornado Chart
1. Whether specific activities undertaken to establish and maintain a Project Baseline are appropriate, with reasons
2. Whether Performance Reports are fit for purpose, with reasons
1. Drop line method
2. Activity Weeks method
3. Milestone monitoring
4. Cash Flow monitoring
5. Resource monitoring
6. Network Analysis and measurement of float usage
1. Change Request
2. Change Log
3. Monthly Change Report
1. Probability Charts
2. Tornado Chart
3. Quantitative Schedule Risk Analysis (QSRA) Chart
4. Duration Uncertainty Tornado Chart are appropriate and accurate.
Project Planning & Control Practitioner Examination
Key exam information:
Throughout the Project Planning & Control Practitioner Course, delegates will be exposed to numerous examples of examination questions. A number of exercises and ‘question-and-answer’ sessions that will help to consolidate the learning are undertaken, thereby ensuring that delegates are more than adequately prepared for the exam.
Certification
Please note: Due to the current situation with Covid 19 the APMG are enabling your exam to be taken virtually. Your exam will therefore be scheduled for the same day and time as it would for a classroom event. CM’s exam administration team will place the booking with APMG. APMG will then email delegates directly confirming the details of the exam session and provide the relevant information the delegates will require in order to access their exam on the day.
If you need training for 3 or more people, you should ask us about onsite training. Putting aside the obvious location benefit, content can be customised to better meet your business objectives and more can be covered than in a public classroom. Its a cost effective option. One on one training can be delivered too, at reasonable rates.
Submit an enquiry from any page on this site and let us know you are interested in the requirements box, or simply mention it when we contact you.
All $ prices are in USD unless it’s a NZ or AU date
SPVC = Self Paced Virtual Class
LVC = Live Virtual Class
Our clients have included prestigious national organisations such as Oxford University Press, multi-national private corporations such as JP Morgan and HSBC, as well as public sector institutions such as the Department of Defence and the Department of Health.