Project Scheduling and Cost Control: Planning, Monitoring and Controlling the Baseline
Read the Reviews“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.
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.
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Identifying and Developing Customer Requirements
The Statement of Work
Identifying Project Requirements
Building a Work Breakdown Structure
Key Steps in Developing Schedules
Subsidiary Management Plans
The Implementation Phase
Monitoring the Project
Monitoring and Control
Estimating Percent Complete
Using Precedence Diagramming for Project Schedule Development
Gantt and Milestone Charts
Mistakes and Inadequacies of ProjectCosting Processes
Types of Costs and Cost Categories
Finalizing the Estimates
activities Added Value approved assess baseline Breakdown Structure Change Control Board change management process change request Closeout complete components Contact Phone contract control account cost control cost estimate Customer Contact database Date Prepared defined deliverables detail determine developed direct costs document duration earned value management ensure evaluation example Figure format functional Gantt chart Hardware identified impact implementation important lessons learned matrix ment monitoring network analysis network diagram organization packages performance phase PMBOK Preparer Signature problem progress project charter project costs Project Management Institute project management software project manager project manager's Project Name project plan project requirements project scope project team risk event risk management plan risk response schedule and cost scope creep scope statement senior management specific stakeholders status reports team members technical techniques Test TOOLS FOR CHAPTER track usually variance