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PM-024

Project Scheduling & Cost Planning Skills

Intensive 5-day course · English, Arabic & European languages

Project managers, estimators and project finance professionals examine time and cost planning over 5 days. Delegates select estimation methods, establish schedules and budgets, and consider limited resources and project risks. Performance measurement includes critical chain analysis and contracting risk, before variance forecasting and recovery planning address schedules and costs that depart from the plan.

Classroom

Public courses in our cities

  • 26–30 Oct 2026Abu Dhabi£4,200 + VAT
  • 9–13 Nov 2026Munich£3,400 + VAT
  • 23–27 Nov 2026Jeddah£4,200 + VAT
  • 14–18 Dec 2026Amsterdam£3,400 + VAT
  • 28 Dec – 1 Jan 2026Muscat£3,080 + VAT
  • 4–8 Jan 2027London£3,360 + VAT
Show 23 more dates
  • 18–22 Jan 2027Sarajevo£3,400 + VAT
  • 1–5 Feb 2027Munich£3,400 + VAT
  • 15–19 Feb 2027Dubai£4,200 + VAT
  • 8–12 Mar 2027Rome£3,400 + VAT
  • 22–26 Mar 2027Riyadh£4,200 + VAT
  • 12–16 Apr 2027Munich£3,400 + VAT
  • 26–30 Apr 2027Doha£4,200 + VAT
  • 10–14 May 2027Amsterdam£3,400 + VAT
  • 24–28 May 2027Geneva£4,200 + VAT
  • 7–11 Jun 2027London£3,360 + VAT
  • 21–25 Jun 2027Abu Dhabi£4,200 + VAT
  • 5–9 Jul 2027Munich£3,400 + VAT
  • 19–23 Jul 2027Cairo£2,280 + VAT
  • 9–13 Aug 2027Rome£3,400 + VAT
  • 23–27 Aug 2027Jeddah£4,200 + VAT
  • 13–17 Sep 2027Munich£3,400 + VAT
  • 27 Sep – 1 Oct 2027Singapore£4,200 + VAT
  • 11–15 Oct 2027Amsterdam£3,400 + VAT
  • 25–29 Oct 2027Muscat£3,080 + VAT
  • 1–5 Nov 2027London£3,360 + VAT
  • 15–19 Nov 2027Casablanca£2,280 + VAT
  • 6–10 Dec 2027Munich£3,400 + VAT
  • 20–24 Dec 2027Manama£3,080 + VAT

Group discount: 2 delegates 20% · 3 delegates 35% · 5 or more delegates 50%

Can't make these dates? We can run this course for your team on dates that suit you. Ask for custom dates · In-house options

Online (live)

With a trainer, on dates to suit your team

This course can be taught live online by a trainer, in English, Arabic or any European language, for one person or a whole team.

£1,850 + VAT

Group discount: 2 delegates 20% · 3 delegates 35% · 5 or more delegates 50%

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Course overview

Project time and funding are finite. The course examines the management of these limits alongside quality, resources and risk, with estimating techniques suited to different lifecycle stages. Delegates consider how the overall timeline and cost plan can fit project constraints and how uncertainty in estimates can be addressed proactively through risk management.

The agenda develops planning and control methods. Scope definition and project selection precede critical path scheduling, direct and indirect cost assessment, resource limits and schedule acceleration. PERT probability and standard deviation formulae support duration estimates, while contingency reserves and network activity risk profiles inform risk strategies.

Performance measurement goes beyond the initial estimate. Critical chain analysis, buffers and balanced schedules accompany the work on planned and actual progress, contracting risk and changing work conditions. Schedule and cost variances then provide inputs for trend analysis, forecasting and reactive issue resolution, including recovery plans, baselines and controls that protect project limits.

Course objectives

By the end of the course, delegates will be able to:

  1. Estimate project timescales, costs and resource needs
  2. Establish the project's overall schedule and cost plan
  3. Use techniques for managing project risk
  4. Measure and analyse time and cost performance
  5. Develop corrective actions that protect project limits

Who should attend

This course suits:

  • Experienced project managers
  • New project managers
  • Members of project management teams
  • Project team members
  • Estimators working on projects
  • Finance professionals supporting projects

Daily agenda

  1. Day 1

    Estimating foundations and project constraints

    • Definitions used in project management
    • The triple constraint of time, cost and scope
    • Methods for selecting projects
    • Defining the scope of project work
    • Estimating costs and schedules, budgeting costs and controlling them
    • Managing schedules with the critical path method
  2. Day 2

    Budgets, resources and schedule control

    • Determining resource requirements
    • Direct and indirect costs of projects
    • Planning and scheduling constrained resources
    • Methods for accelerating schedules
    • Applying schedule crashing
  3. Day 3

    Risk in estimates and durations

    • Identifying, analysing and managing risks
    • Using contingency reserves
    • PERT formulae for probability and standard deviation
    • Risk profiles for network activities
    • Application exercise in estimating project duration
    • Strategies for project risk
  4. Day 4

    Assessing progress and performance

    • Critical chain analysis and the use of buffers
    • Comparing unbalanced and balanced schedules
    • Measuring planned progress against the schedule
    • Allocation of risk through contracts
    • Actual progress and conditions of work
    • Managing conditions that vary
  5. Day 5

    Estimate control and project recovery

    • Analysing schedule and cost variances
    • Trend analysis with progress control charts
    • Forecasting variances in schedule and cost
    • Analysing recovery options for time and cost
    • Preparing a schedule and cost recovery plan
    • Setting recovery baselines and controls

Certificate

Every delegate who completes the course receives an ARUK Training Certificate of Attendance.

Frequently asked questions

How do I register?

Choose a date and city in the schedule and press Register, or send us an enquiry. Our team confirms your place and sends an invoice.

Are fees shown with VAT?

Fees are shown per delegate and exclude VAT, which is added to the invoice where applicable.

Can this course be delivered for our team only?

Yes. Any ARUK course can be delivered in-house at your premises, in a meeting room we book for you, or 1-to-1.

Is this course available online?

Yes. We run it live online with a trainer, on dates that suit your team, for £1,850 + VAT per delegate.

Is there a group discount?

Yes. 20% for 2 delegates, 35% for 3 delegates and 50% for 5 or more delegates on the same course.

Can the course be delivered in Arabic or another language?

Yes. Our courses can be delivered in English, Arabic or any European language, by a trainer who teaches in that language. Mention your preferred language when you register or enquire.

What certificate will I receive?

An ARUK Training Certificate of Attendance.

Related courses

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Project Scheduling & Cost Planning Skills

Key booking terms (read before you register)
  • The full fee is paid in advance, before the course starts.
  • Cancel in writing 30 or more days before the start date (45 for in-house) for a refund. Later than that, the full fee is payable.
  • No refund for non-attendance or partial attendance.
  • Places are for the named delegate only; another person cannot attend instead.
  • Moving to another date or city is only possible if ARUK agrees in writing.
  • Travel, accommodation and visas are your responsibility. A refused visa does not change the cancellation terms.

booking terms and conditions

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Project Scheduling & Cost Planning Skills