Importance of Cost & Schedule Integration
Projects are increasing in scope and complexity. How do we accurately predict and report on the success of a project and still have time to actually manage it? Integrating your cost and schedule is a start! In this presentation, we will discuss the power of integrated cost and schedule and the benefits of a time-phased budget vs a cost loaded schedule. We will discuss how technology can support organizations in cost and schedule integration as well as the impacts of integrated project data on a project's overall health and success.
Primary Discussion Topics:
- Critical path methodology vs. earned value methodology
- Time-phased budgets compared and contrasted with cost-loaded schedules
- Benefits of integrated project estimate, schedule, and cost data
- Integrated project coding structures
- Define cost-loaded schedule and time-phased budget methods
- List the advantages and disadvantages of each mothod
- Explain the importance of integrating both cost and schedule
- How technology can support organizations in cost and schedule integration
Benefits for Participants:
AACE is pleased to offer this webinar which is generously sponsored by ARES PRISM.
- Understanding the impacts of integrated project data on a project's overall health and success
- How project management practices and processes affect the overall project
- Pros and cons of a time-phased budget and cost-loaded schedule
- Steps needed to integrate project cost and schedule data
Seats in the live event are limited. While you must be pre-registered, attendance will be first come, first served.
Senior Solutions Analyst
Lance Stephenson, CCP FAACE
February 10, 2021
1:00 PM Eastern US
Cost to Register/Attend:
Free - members and non-members
.1 CEU = 1 hour
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