What you'll learn
You will learn to manage project time. "Time is King"
You will learn to optimize the schedule with drag and drag cost.
You will learn to computerize the full cost of project activities.
You will learn to deal with resource elasticity using DREDD.
You will learn how to calculate expected project profit and benefits.
You will learn how to create and monitor the CPI, SPI and DIPP.
Requirements
Advanced knowledge of Primavera P6 and Earned Value Management.
Description
Course objective IntroductionThis course masterclass in Primavera P6 aims to learn how construction project planning and scheduling efforts will be enhanced and optimized to achieve better profits, business value, and benefits using drag and cost techniques.The critical Drag is the amount of time by which an item on the critical pad activity, constraint, or bottleneck is delaying the end of the project or, alternatively, the amount of time by which the project can be compressed by reducing the duration of any critical path item to zero.Stephen DeveauxIn the traditional project management processes, methods, tools, and techniques, as detailed in the PMBOK Guide, the focus is on the execution of the project to deliver the desired result. Delivering on time and within budget is usually an essential task of the project manager with his project team.But there is more to running projects such as:1. Enhancing the Business Value can be defined as a business value from their investments.2. Making a profit for the business is one of the essential goals concerning the existence and continuation of the company.3. Realizing more benefits: Benefits can be far more than you can define as making a profit and creating business value. Think about a shorter duration of delivering an infrastructure project to reduce traffic jams, shorter duration of tests and trials for medicines, and reducing mortality during health crises.
Overview
Section 1: Introduction of course objectives and what will you learn
Lecture 1 What are the course objectives.
Lecture 2 What will you learn
Lecture 3 Bio Jan van den Berg
Lecture 4 Owner's or contractor's point of view
Section 2: Introductie in scheduling projects
Lecture 5 Scheduling methods, tools, and techniques
Lecture 6 Critical Path Method (CPM)
Section 3: How to create greater benefits with drag and drag cost technique.
Lecture 7 Introduction of the drag and drag cost technique.
Lecture 8 Learning example
Lecture 9 Question 1: What is the project duration?
Lecture 10 Question 2: What is the DIPP
Lecture 11 Formule for the DIPP
Lecture 12 How to calculate the DIPP in the example.
Lecture 13 Question 3: Starting DIPP with 45 days duration
Lecture 14 Question 4 critical path
Lecture 15 Question 5 Drag
Lecture 16 What is Baselining a project schedule?
Lecture 17 Benefits plan of the project created in Primavera P6
Lecture 18 Spending Plan
Lecture 19 Baselining the project schedule
Section 4: Computing Drag
Lecture 20 What is critical Drag?
Lecture 21 Reduce the durations
Lecture 22 Set up Primavera P6 for computing drag
Lecture 23 Video for set up drag in Primavera
Section 5: Computing drag cost.
Lecture 24 What is drag cost?
Lecture 25 Where to start?
Section 6: Computing true cost
Lecture 26 What is true cost?
Lecture 27 How to calculate true cost
Section 7: Question 8: What is the impact if activity G takes 14 days?
Lecture 28 Impact on activity G
Section 8: Question 9: Impact on activity B
Lecture 29 Reduce activity B to 7 days
Section 9: How to deal with DRED
Lecture 30 What is DRED and how to calculate
Lecture 31 Penalties and bonuses
Lecture 32 Schedule margin
Lecture 33 Plan or aim for the costs and benefits of this project.
Lecture 34 Strategy to realize better Benefits.
Lecture 35 Activity B is already reduced to 7 days
Lecture 36 How to create 5 days schedule margin
Lecture 37 Baselining the optimization of the project
Section 10: Tracking the project bij investment value, and earned value.
Lecture 38 Metrics for tracking progress
Lecture 39 Updating the project schedule
Lecture 40 Summary of the schedule update DD 19-03-2023
Lecture 41 Overview of the project with Gantt chart , EVM and histograms
Lecture 42 Overview of the spreadsheet earned value
Lecture 43 Results of the DIPP for project status D.D. 19-03-2023
Lecture 44 Updating the schedule at D.D 02-04-2023
Lecture 45 Update of the schedule at D.D. 02-04-2023
Lecture 46 Earned Value data D.D. 02-04-2023
Lecture 47 Strategy to make the most benifit.
Lecture 48 Drag, and drag cost calculations
Lecture 49 Results of the update D.D 23-04-2023
Lecture 50 Final project results benefits
Lecture 51 Let's look at the results in Primavera P6 and graphs in Excel
Lecture 52 Lessons learned
Lecture 53 Histogram and S-Curves for the total project
This mastercourse is for projectmanagers and project planners/schedulers whom want to learn how to use drag, drag cost and the DIPP to enhance profits of a project.


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