Budgeting and Scheduling Projects

Welcome to Budgeting and Scheduling Projects!

In this course, you will learn to create a project budget and schedule that delivers results under costs and time constraints. A good project schedule helps all team members’ work together to meet project objectives. A project budget with realistic cost constraints is also an essential bedrock of any project. In this course you’ll learn to plan and stick to time and cost constraints in order to ensure the success of your projects.

Course Learning Objectives

• Identify the resource needs of the project

• Decompose work packages into activities

• Define what is needed to estimate activity durations

• Define milestones and create a milestone schedule

• Determine the critical path and calculate float

• Describe the purpose of using leads and lags in a project schedule

• Estimate the quantities and costs of resources required to perform project activities

• Select one of three common cost estimating techniques to determine a project budget

• Use a responsibility assignment matrix to assign responsibilities

• Recognize the components of a project’s quality management plan

Course Structure

This is a cohorted and self-paced course, meaning that you can move through the content as quickly or slowly as you want. Therefore there are no deadlines or a structured weekly format to follow. Instead, move through the modules at your own pace. When you complete this course, we invite you to take the third course in the series, Managing Project Risks and Changes.

Prerequisites

There are no prerequisites for this course. We recommend the courses in the Introduction to Project Management Specialization are taken in sequence.

1. Initiating and Planning Projects

2. Budgeting and Scheduling Projects

3. Managing Project Risks and Changes