Seminar

Being a project manager in today's climate is harder than ever. But it gets worse. Studies show only 20% of projects are a success, 30% are cancelled, and 50% are failures! Think about it: Doesn't your own experience confirm this? The truth is, with today's limited manpower resources, rising commodity prices, and pressures to bring projects on stream sooner, you require project cost control skills to stave off failure. However, don't take my word for it. Look at what is going on in BC with the Olympic Games projects, TransLink projects, and projects in the oil patch. There are continual scope, budget, schedule, and quality issues requiring knowledge of project cost control to overcome the obstacles.

Using case studies, exercises and discussion, this seminar will address the fundamentals of project cost control including project life cycle, project development, planning, scoping, controlling, risk analysis, earned value analysis, and tracking. Project control is a lot of work and is a team effort if success is to be achieved. In theory project cost control sounds easy, but it is a lot more difficult to put into practice as the above noted success rate indicates.

Note: Participants are required to bring a calculator to the session.

Objectives:

To provide participants with the practical, fundamental knowledge of project planning and cost control that can be put into practice immediately to increase chances of project success.

Topics discussed will include:

1. Scope/Schedule/Budget/Quality Relationship
2. Project Life Cycle
3. Project Cost Control
4. Budgets
5. Project Authorization
6. Project Planning & Work Breakdown Structure
7. Scope Development & Project Stakeholders
8. Estimating Methods and Estimate Matrix
9. Risk Analysis
10. Procurement Issues
11. Earned Value Analysis for Project Tracking

After participating in this course, you will be able to:

•  maintain project cost control through an understanding of the project life cycle and the critical project relationship of scope, schedule, budget, and quality.
•  build a work breakdown structure for project planning purposes.
•  quickly develop your project scope for more complete estimates.
•  evaluate what your project risk issues are.
•  develop more accurate and complete project authorization documentation, saving you time and effort.
•  analyze your project status using earned value analysis
•  provide project leadership by accessing project control problems and using your newly acquired knowledge, determine the best course of action for the project.
•  advance your career by having the tools to better manage your projects
•  stand out from your peers by having successful projects.

Who Should Attend:

This course is designed for those involved in managing the design and / or construction of projects, i.e. engineers, technologists and technicians, tradesmen, maintenance personnel, and other personnel from industrial users, utilities, municipalities, educational institutions, commercial facilities, consulting engineering firms and manufacturers. Topics covered in this course are also of great value to managers and other non-technical project personnel.

Instructor

Morley Selver, P.Eng., MHS Engineering Services Inc.

Morley Selver earned his Bachelor of Science degree in Civil Engineering in 1973 from the University of Manitoba and has over 30 years of experience in industrial plant project engineering. He has worked in industry, with and for consultants, and has his own consulting business. His project experience includes operations and maintenance, research and development, project management of small to medium size plant projects, construction management of large industrial projects, mechanical installation of heavy industrial equipment, commissioning and startup of industrial plants, and plant management.

He has worked in operating pulp and paper mills, oil refineries, on North Slope oil projects, board plants, and the recycling industry in various locations across Canada and the USA. He is currently working in the consulting business.

What Previous Participants have said about this seminar:

• "Very knowledgeable and practical."
• "Very knowledgeable of the subject and experience. Examples given from real projects."
• "This was a really useful and engaging seminar. Information presented was relevant. Really good seminar."

APEGBC is an AIBC/CES registered provider offering an AIBC-Accredited activity for 6.5 Core Learning Units.

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