Advanced Master

Times management and costs of the project

Hours: 8


Time management of the project

  • Definition and sequencing of activities.
  • Precedence Diagramming Method, Arrow Diagramming Method, Project Network Diagram.
  • Estimate the duration of an activity and schedule development.
  • Program Evaluation Review Technique, Critical Path Method, barchart.
  • Planning and scheduling of resources.

Costs’ management of the project

  • Estimates of costs and budget formation.
  • Costs control – Earned Value, variations and control of the project.

Aims and intended learning outcomes

  • Use of methodological tools for the sequencing of activities and resources.
  • Cost estimate.
  • Time and cost control for project implementation.

Recommended textbooks

  • Project Management Institute:  A Guide to the Project Management Body of  Knowledge – Firth Edition – 2013.