Introduction

• General
  • What is a project?
  • What is project management?
  • What does a project management system consist of?
  • Project visualisation
  • Why breakdown a project?

Topics

• Simple process parts
  • Concept or idea
  • Feasibility study
  • Initiation
  • Specification
  • Design
  • Build
  • Implementation
  • Operation and review
• Basics
  • Project Notebook
  • Assumptions
  • Assumptions and constraints
• Problem statement
• Mission statement
  • Mission statement
  • Mission statement Simple approach
  • Mission statement Formal approach
• Strategy
  • Strategy
  • Selecting a strategy
  • Recording the strategy
• Scope
  • Scope
  • Scope areas affected
• Objectives
  • Objectives reasons for setting
  • Objectives should be
  • Customer analysis
• Deliverables
  • Deliverables
  • Exit criteria
  • Product specification
• Schedules
  • Work breakdown structure part 1
  • Work breakdown structure part 2
  • Work breakdown structure part 3
  • Types of plans
  • Schedules
  • Resources cost
  • Control system
  • The Gantt chart
  • Authority roles responsibilities
  • Authority
  • Risk areas
  • Benefits What are they
  • Terms of Reference
• Planning
  • Planning part 1
  • Planning need to answer
  • Introduction schedule overview
  • Task characteristics Work package
  • Task information
  • Milestones General
  • Milestones Deliverables
• Control
  • Why - what can go wrong?
  • Monitoring
  • General
  • What scope?
  • Time
  • Cost
  • Cost - common terms
  • Cost overspend
  • Cost cash flow
  • Progress reporting general
  • Progress reporting Project Board
  • Progress reporting what data?
  • Taking action what does this entail?
  • Assessing the situation
  • Resolving issues and problems
  • Contingency
  • Areas of review
  • Controlling change part 1
  • Controlling change part 2
  • Document control procedures
  • Project completion
  • Quality management plan overview
  • Plan - areas to define
• Quality
  • Quality management plan overview
  • Plan - areas to define
  • Statistical control
• Risk management
  • Overview
  • General approach
  • Health and safety
• Project review
  • The benefits
  • The report
• Project manager
  • Overview
  • Choosing the project team
  • People recruitment
  • Communication
  • Managing user expectations
  • Systematic approach
  • Empowerment
  • Appointment
  • Project organisation The Project Office
• Construction
  • Construction projects part 1
  • Construction projects part 2
  • Construction projects part 3
  • Construction projects part 4
  • Construction projects part 5
  • Construction projects part 6
  • Construction projects part 7
  • Construction projects part 8
  • Construction projects part 9
  • Construction projects part 10
• Reports
  • Writing reports part 1
  • Writing reports part 2
  • Writing reports part 3
  • Writing reports part 4
  • Writing reports part 5
• Manual methods
  • Time and duration
  • Precedence grid
  • Task flow charts
  • Task flow charts Activity-on-Node networks bubble diagrams
  • Task flow charts Activity-on-Node networks bubble diagrams
  • Task flow charts Activity-on-Arrow networks
  • Task flow charts Activity-on-Arrow networks arrow diagrams
  • Task flow charts Activity-on-Arrow networks arrow diagrams float v slack
  • Contingency 1 General
  • Contingency 2 The weather
• Resource
  • Resource procurement part 1
  • The schedule
  • Resource levelling part 1 summary
  • Resource levelling part 2 techniques
  • Reducing project durations
• Project management systems
  • Six sigma part 1
  • Six_sigma part 2
  • Six_sigma part 3
  • SCRUM part 1
  • SCRUM part 2
  • SCRUM part 3
  • Earned value management part 1
  • Earned value management part 2
  • Earned value management part 3
  • Earned value management part 4
  • Earned value management part 5
  • Earned value management part 6
  • Sensitivity analysis
  • PMBOK part 1
  • The Project Management Knowledge Areas part 2
  • The Project Management Knowledge Areas part 3
  • The Project Management Knowledge Areas part 4
  • The Project Management Knowledge Areas part 5

Detailed planning

• Overview
• Initial estimation simple cost plan
• Initial estimation high level plan first review
• Initial estimation high level plan second review
• Initial estimation budget cost plan
• Estimating overview
• Estimating why are estimates too long
• Estimating why are estimates too short
• Estimating data usage
• Dependencies 4 basic types
• Dependencies (schedule)
• PERT and slack (float)
• PERT part 1
• PERT part 2
• PERT part 3 Cumulative Probability graph
• Elapsed time example for a task
• Roles and responsibilities
• Responsibilities and resources
• The Gantt chart
• Constraints resource
• Critical path part 1
• Critical path part 2 choosing one
• Criticalpath part 3 eliminating one
• Critical path part 4 reducing durations

Initial estimation

Simple cost plan

Obviously, until a detailed plan is available covering the initial stage of the project it is very hard to estimate costs.
As part of project approval the Project Board must be presented with an overall estimate of the project costs.

The first stage plan is required in more detail for the project approval process.

Initial cost estimation will be less accurate and the extra effort involved for a more detailed costing may be too high for the majority of the project early on.

Hence, the initial cost estimate may be rather simplistic as shown below.
The summary shows the costs for a variety of resources for different periods of the project.
These can be totalled for each period to represent a simple cash flow.

Any estimation of costs should be done in liaison with the financial department for their expert input.