Overall
A well-prepared Project schedule and Cost plan at the pre-construction stage can help to mitigate multiple challenges during the project delivery phase. This backed by practical techniques for monitoring these schedules and cost plans during the execution phase can further help in taking the right actions to ensure timely project delivery and within the planned budgets.
The course will help organizations to identify the gaps in their current practices vis-a-vis leading practices for effective project scheduling, budgeting and monitoring as well as provide an overview of the effective techniques adopted by top organizations in Vietnam for- Planning project timelines and budget; Monitoring these through-out the project lifecycle; and Analysing the key factors impacting time and cost of the projects.
Course agenda
Day 1: Project Scheduling and Monitoring
- Major causes of project delays in Vietnam
- Key factors impacting time and cost of construction Projects in Vietnam
• Contractors’ context
• Developer/investor’s context
Project Schedule preparation
- Overview of leading methodologies and techniques for Project Scheduling
- Important parameters and steps in preparing the effective project timelines/Master Schedule
- Fundamental of Work Breakdown Structure (WBS) and its application
- Overview of effective work packaging strategy
Project Schedule monitoring
- Controlling the schedule:
•
Contractors’ context
•
Developer/investor’s context
- Schedule monitoring process
- Managing and controlling Project Changes and Variations and impact on Project Schedules
- Overview of commonly used project planning and scheduling tools
- Basics of Microsoft Project (MSP)
Q&A and Case Studies
Day 2: Project Budgeting & Forecasting
- Major causes of cost over-runs for projects in Vietnam
- Interlinkages and scope alignment with time and cost estimates
Project Budget preparation
- Overview of leading methodologies and techniques for Project Budgeting
- Techniques for preparing effective and accurate Project Budget
- Identification of key cost heads and drivers
- Preparing Project Cashflow and deriving insights from Project Cashflow status
- Effective procurement strategy and management to optimize Project costs
Project Budget monitoring
- Stages of Budget Monitoring and update:
•
Contractors’ context
•
Developer/investor’s context
- Practical application of S-Curve for monitoring Project Budgets
- Budgeting monitoring and controlling process
Q&A and Case Studies
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Certificate
Trainers
Building Construction and Real Estate Consulting
Khushboo is an experienced professional in Real Estate and Project Management. She has spent about 10 years in KPMG (India and Vietnam) focusing on Real Estate and Management Consulting. Khushboo has extensive experience in advising organizations in Vietnam and India on Business Transformation and Operations Efficiency enhancement projects. She has provided on-ground assistance and handholding support to clients for designing and implementing processes related to Project Planning, Project Budgeting and Cost estimation and Management Information system framework. She has a strong understanding about the businesses in Vietnam and their challanges to be able to provide practical solutions.
Building Construction and Real Estate Consulting
Lan Anh has 6 years of experience in Financial Management Services, Standard Operating Process (SOP) Development, Corporate Transformation at KPMG. Lan Anh has participated in many consulting projects for clients who are large corporations, groups in Real Estate, Contractor and Commercial and Manufacturing etc.
She was project coordinator and key member of various MIS development engagement which design and implement management dashboards for the management of the organization to measure Enterprise Performance. The dashboards can include Project Management dashboard, Portfolio dashboard, Finance and Accounting dashboard, Supply Chain dashboards and CEO dashboard.
Contacts
Ms. Nguyen Hoang Anh
E: anhhnguyen10@kpmg.com.vn
T: +84977111918