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Project Scheduling and Cost Control H/C : Planning, Monitoring & Controlling the Baseline - James Taylor

Project Scheduling and Cost Control H/C

Planning, Monitoring & Controlling the Baseline

Hardcover Published: 11th December 2007
ISBN: 9781932159110
Number Of Pages: 288

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Schedule and cost control are the key elements of successful project management. Yet, over 80% of all projects start with underestimated schedules and costs and are doomed to exceed projections before they begin. This clear and concise book demonstrates how to establish realistic estimates for successful project completion. It illustrates how to control a project's schedule and costs, but more importantly, it shows the reader how to develop the project's plans and processes so that controlling the schedule and costs are achievable goals.

"With this book, Jim Taylor has captured the essence of project scheduling and cost control as a process versus just an activity, teaching the reader the true art and science of this vital process." -Bob McGannon, Director, Mindavation; "Finally, there is a book that describes the theoretical and practical applications of project schedule and cost planning and control covering the how and what it means for two difficult practical problems in all projects. This book explains, simply and practically, how to produce a schedule, create an estimate, and then execute the project. It is definitely an important resource for the new or experienced PM." -Joe R. "Chip" Stilwell, Stilwell and Associates of the USA, Inc.

Introductionp. 1
The Nature of Schedule and Cost Controlp. 1
What Is Schedule and Cost Control?p. 2
Why Do We Need Schedule and Cost Control?p. 3
The Project Life Cyclep. 5
Requirements Reviewp. 8
Schedule and Cost Control Documentationp. 9
Identifying and Developing Customer Requirementsp. 17
Who Defines Requirements?p. 18
What Are Requirements and Why Do We Need Them?p. 18
Types of Requirementsp. 19
Writing Requirementsp. 21
The Statement of Workp. 23
Types of Statements of Workp. 24
Benefits of a Well-Written Statement of Workp. 26
The Statement of Work Formatp. 27
Identifying Project Requirementsp. 29
Determining Whether to Pursue a Projectp. 30
Special Customer Conditionsp. 32
Capturing All the Project Requirementsp. 34
Cross-Referencing Requirements Matrixp. 35
Work Breakdown Structure and Baseline Developmentp. 39
Benefits and Uses of a Work Breakdown Structurep. 40
Assigning Task Responsibilityp. 40
Project Costingp. 40
Work Breakdown Structure Modelsp. 43
Building a Work Breakdown Structurep. 46
Where Does the Work Breakdown Structure Originate?p. 48
Translating the Work Breakdown Structure into the Planp. 51
The Baselinep. 52
Schedulingp. 57
Key Steps in Developing Schedulesp. 58
Input to Activity Definition for Developing Schedulesp. 58
Network Analysisp. 59
Interpreting and Using Network Diagramsp. 60
Network Diagram Developmentp. 62
Network Diagram Rules of Thumbp. 62
Network Diagram Typesp. 63
Using Precedence Diagramming for Project Schedule Developmentp. 66
Techniques for Compressing the Schedule and Leveling Resourcesp. 71
Methods for Compressing the Schedulep. 71
Leveling Resourcesp. 75
Gantt and Milestone Chartsp. 78
Cost Categoriesp. 83
Mistakes and Inadequacies of Project-Costing Processesp. 84
Cost Estimating Definedp. 89
Types of Costs and Cost Categoriesp. 92
Developing a Cost-Estimating Processp. 96
Estimating and Budget Determinationp. 99
Resource Planning Fundamentalsp. 99
Resource Management Considerationsp. 101
Durationp. 103
Estimatingp. 107
Types of Estimatesp. 108
Estimating Recommendationsp. 109
Estimating Tools and Techniquesp. 109
Project Reservesp. 111
Program Evaluation and Review Techniquep. 112
Standard Deviation in PERT Estimatesp. 114
Finalizing the Estimatesp. 115
Collecting Cost Data with the Integrated Work Breakdown Structurep. 116
Planning the Projectp. 119
Why Plan?p. 120
Scope Planningp. 120
Schedule Planningp. 121
Calculating Productivity and Labor Availabilityp. 122
Gantt Chartp. 123
Milestone Chartsp. 124
Estimatingp. 124
Cost Estimatingp. 126
Resource Planningp. 129
Risk Planningp. 132
Subsidiary Management Plansp. 133
The Project Planp. 137
Project Management Planning Softwarep. 137
The Implementation Phasep. 141
Implementing the Projectp. 142
Monitoring the Projectp. 147
Data Collectingp. 147
Data Analysisp. 147
Information Reportingp. 148
Controlling the Projectp. 151
Cost Variancesp. 151
Schedule Variancesp. 151
Scope Changesp. 152
Riskp. 153
Monitoring and Controlp. 161
Understanding Evaluation and Control in Project Managementp. 162
Controlling Schedule and Costp. 163
What Is Earned Value Management?p. 165
Key Earned Value Terminologyp. 165
Applying Earned Value: An Examplep. 169
Earned Value Analysis: Formulas and Their Interpretationp. 171
Variance Indicatorsp. 171
Performance Indexesp. 172
Percent Complete and Percent Spentp. 173
Completion Estimatesp. 174
Data Presentationp. 176
Estimating Percent Completep. 178
Analyzing Variancep. 180
Status Reportingp. 182
Understanding the Project Change Processp. 187
What Is a Project Change Process?p. 188
Configuration Managementp. 189
Critical Steps in Creating a Change Management Processp. 190
Manage Changep. 191
Understanding Project Change Control and Change Control Managementp. 201
Basis of Control and Managementp. 201
Why a Change Management Process Is Requiredp. 204
The Change Management Processp. 205
Successfully Closing the Projectp. 215
How to Determine Project Completionp. 216
Evaluate the Project Plan to Determine Project Completionp. 216
Provide Concrete Measurements for Project Completionp. 216
Other Project Completion Activitiesp. 217
Exit Strategy Processp. 218
Celebrate Successp. 223
Administer Closeoutp. 223
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9781932159110
ISBN-10: 1932159118
Series: J ROSS PUBLISHING
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 288
Published: 11th December 2007
Publisher: J Ross Publishing
Country of Publication: US
Dimensions (cm): 22.86 x 15.24  x 1.91
Weight (kg): 0.52