Managing the Triple Constraints for Successful Project Results
Scope, schedule and cost are key issues that cause many conflicts throughout the project life cycle. In this course, you will learn industry best practices and control techniques for planning, managing, and balancing these and other key project constraints. The objective is to help you develop workable plans and processes that meet stakeholder needs, while keeping scope, time and budget on track.
This course is aligned to the Project Management Institute’s (PMI®) standards.
For optimum learning, we highly recommend that you complete Project Management Essentials (or equivalent) before attending this course.
- Learn how to resolve core causes of poor requirements and scope gathering
- Become familiar with tools for shortening and compressing schedules
- Use network diagrams to analyze and determine where the risks are in schedules
- Acquire the skills to increase accuracy of time and cost estimates
- Understand the most accurate performance measurement method for progress reporting
- Learn change control to avoid schedule and cost overruns
- Balance project scope, time and costs to increase customer satisfaction
- Scope, time and cost management framework: key concepts in monitoring and controlling, core controlling considerations, eight controlling tips and warning signs
- Controlling scope: scope control tools and techniques, tips for nailing down the requirements and scope, validating and controlling scope changes
- Controlling time: time control tools and techniques, determining key schedule components, variance analysis and setting tolerances for monitoring and controlling schedule
- Controlling cost: cost control tools and techniques, identifying risks that may lead to cost overruns, taking corrective actions, using earned value analysis to measure performance
Working in small groups, you will apply the tools and techniques you are learning to find suitable scope, time and cost management solutions. You will also gain experience in using a team approach to win buy-in from stakeholders throughout the project life cycle.
As part of the workshop, you will receive 13 PMI® Professional Development Units (PDUs).
Denise is the founder and Managing Partner of Collaborators In Knowledge Inc. She brings more than 35 years of practical experience in managing, auditing and rescuing multi-million dollar projects. She has also trained thousands of students from the private and public sectors in the best practices of portfolio and project management. She is the past President of the Society of PMPs of Greater Vancouver.
This workshop is intended for project and program managers and team members, or others who are involved in projects of any size and type. It is also for experienced project managers who want a refresher on key project management issues.
"The course content ties into the other core and elective courses very well. Denise does a great job using the material in real life examples, and I enjoyed learning in the active group methods."
Black Tie Properties
"I found the course material very applicable to my projects, and learned many valuable tools for reducing costs and compressing schedules."