Managing Variances: Project Scheduling and Cost Management | UNB

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College of Extended Learning

Managing Variances: Project Scheduling and Cost Management

Professional working on finances

One of the primary responsibilities of a project manager is to manage a project’s budget and schedule. Success is often measured based on meeting deadlines and delivering the project within financial and schedule constraints.

The PM role today is much more complex, requiring a deeper understanding of stakeholders’ goals, needs, expectations, requirements, and risk tolerance. A project manager must have a holistic perspective and a nuanced understanding of project elements and their interaction with budgets and schedules.

This course will review roles and responsibilities, estimating, how to be a good steward of project resources and how to adapt project scheduling and budgeting efforts to uncertainty with concepts such as rolling-wave planning and agile delivery.

Learning objectives

You will gain the practical skills to:

  • Understand the roles and responsibilities of the project manager and other subject matter experts such as schedulers, financial experts, and others
  • Prepare a project budget and schedule
  • Use fundamental scheduling techniques such as calculating critical path and float
  • Use cost-benefit analysis, earned value and velocity for project decisions and to understand project health
  • Appreciate the importance of a sophisticated and nuanced understanding of project objectives

Who should participate?

This course is designed for project managers, project coordinators and senior members of the project team who are responsible for the successful outcome of a project.

Program details

Dates: TBD
Time: 9 a.m. - 12 p.m. (Atlantic)
Location: Virtual
Price: $595 (+HST)
Instructor: Darya Duma

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Group Discount: Send 3 or more participants from your company and receive a 10% discount. Contact an account manager for more information.

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Darya Duma is a Senior Trainer and Consultant and member of Procept's Management Advisory Board. She has been designing and leading training courses in Project Management theory and application for 20 years and providing consulting services in project management for 15 years. She creates Project Management training for delivery by herself and others, designs PM frameworks and methodologies for clients, coaches and facilitates schedule development, Microsoft Project deployment, and scheduling template development, and facilitates the implementation of PM practices. Darya teaches at Queens University, and has designed courses for Bruce Power LP, Public Works and Government Services Canada, Ontario Power Generation, National Energy Board, Vale and University of Toronto. She is one of our Microsoft Project instructor/consultants. She is Program Director for our 10-day Mechanical Contracting Project Management course for the Mechanical Contractors Association of Canada. Darya is active in ISO/TC 258 on projects, programmes and portfolio management, specifically as the Canadian delegate to Working Group 2 on governance of projects, programmes and portfolios, and is the Vice-Chair of the ISO/TC 258 Canadian Mirror Committee.

Darya was a practicing Project Manager for over 10 years, first in “hard” projects managing industrial elevator installations with a mechanical contractor, and then in “soft” projects developing national and international standards with CSA International. A few of the projects that she has managed include providing elevators for Hibernia GBS, Sudbury Neutrino Observatory, Ontario Hydro, Alberta Power, and Vancouver Port. More recently, with the Canadian Standards Association, she managed the development of codes and standards for subsequent implementation in provincial regulations, as well as the development of ISO standards for the elevator industry. She has extensive international experience with clients in Europe, Asia, Africa and North America. Darya has been a member of PMI’s Registered Education Provider Advisory Group, and is the Vice-Chair of the Canadian Advisory Council for ISO/TC258.

Darya holds a degree in Engineering Science from University of Western Ontario, as well as additional credentials in adult education design and facilitation. She is designated as a Professional Engineer, as a Project Management Professional by PMI, as a Planning and Scheduling Professional by the AACEI, and a Microsoft Certified Professional.

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