Offered By: PT Mitratata Citragraha (PTMC)
Professional Development Hours: 120
Course Number: AEP5007-PSP888

An experiential learning course designed specifically for English as Second Language professional practitioners of Project Management and/or Cost Engineering, enabling participants to hone their Project Management Competencies to pass the Planning & Scheduling Professional (PSP) Examination

Course Outline

This is a fully integrated course designed specifically for early to mid career professional practitioners to ensure their knowledge, skills and competencies are current with internationally recognized and accepted "Best Practices of the Profession" of Project Management/Cost Engineering. This course has been designed specifically for English as Second Language (ESL) practitioners and has been created to take full advantage of the customs, values, learning styles, and culture common throughout Southeast and Eastern Asia. The course is based on the philosophy of experiential learning, where the participants are given "Projects" which have been crafted in such a manner as to require demonstrated ability to use the tools and techniques normally and customarily associated with Project Management and/or Cost Engineering.

The format will follow very much along the lines of Donald Trump's "The Apprentice," as the teams will be assigned a project and will have to demonstrate their competency in mastering the methods, tools, and techniques associated with Project Management/Cost Engineering, and do so while constrained by Time, Cost, Quality and Ethical considerations.

Topics include:

• Developing Work Breakdown Structure (WBS)
• Estimating the WBS Packages
• Concepts of Activity Based Costing
• Creating CPM Schedules

  Using ADM

  Using PDM

• "Cost" Loading Activities
• Setting Up for Using Earned Value Management

  From the Owner's Perspective

  From the Contractor's Perspective

• What are the Requirements for Using Earned Value

  The Legal Framework

  Calculating Physical Percent Complete

  Verifying/Meeting Quality Standards

  Meeting the "Shall" Clauses

• Creating, Reading and Interpreting the "S" Curve
• Creating, Reading and Interpreting the SPI/CPI Index
• Creating, Reading and Interpreting Other EV Data
• Projecting Estimated Cost at Completion
• Preparing Cash Flow Analysis
• Setting Up and Documenting Claims
• Games People Play with CPM Schedules and Earned Value Analysis

  Unbalanced Bidding

  Float Manipulations

  "But For" Defense

This will be conducted in the context of a "Project" assigned to the participants:

• Managing Change Orders
• Revised Risk Assessment
• Creating a Project Recovery Plan

The project will include or incorporate the use of various Project Management Software tools, including CPM Scheduling Software, Flow Chart and WBS Software, Estimating Software, and Risk Analysis Software.

Topic Areas and Industries

Aerospace
Architecture
Automotive
Banking/Finance
Business & Program Planning
Chemical Process
Computer Applications
Construction
Consumer Products/Services
Contract Management
Cost Engineering
Cost Estimating
Cost/Schedule Control
Decision & Risk Management
Defense
Economic & Financial Analysis
Engineering
Entertainment
Environmental
Facilities Management
Finance/Economic Analysis
Forest Products
Government & Public Works
Health Care
High Tech
Information Technology
International Development Projects
International Projects
Manufacturing - High Tech
Materials Management
Oil/Gas/Chemicals
Planning & Scheduling
Procurement
Program & Project Management
Project Control
Project & Cost Control
Quality Assurance/Management
Quantity Surveying
Software Development
Systems Analysis
Transportation
Utilities & Energy