Project Planning: Scheduling and Budgeting for Beginners
Learn how to build realistic project schedules, estimate costs, and manage budgets to deliver projects on time and within scope.
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About this course
Course contents
6 modules · 32 lessons · 3h 7m
1
Foundations of Project Planning
Establish a common language and understand the project environment.
- Introduction to Planning
Planning is the process of reducing uncertainty and setting a roadmap for success.6 min - Project Management Glossary
Mastering essential terms like stakeholders, constraints, and milestones.6 min - The Project Life Cycle
Understanding the four phases: Initiation, Planning, Execution, and Closing.6 min - The Triple Constraint
How scope, time, and cost interact and impact project quality.6 min - The Planning Mindset
Transitioning from reactive 'doing' to proactive 'structuring'.5 min
2
Defining Scope and the WBS
Learn how to break down a project into manageable parts.
- What is Project Scope?
Defining the boundaries of what is and isn't included in the project.6 min - Identifying Deliverables
Focusing on tangible outputs rather than just actions.6 min - The Work Breakdown Structure (WBS)
Decomposing the project into smaller, manageable work packages.6 min - The WBS Dictionary
Adding detailed descriptions to work packages to avoid ambiguity.6 min - Preventing Scope Creep
How a well-defined WBS protects the project from uncontrolled changes.5 min
3
Activity Sequencing
Determine the logical order of project tasks.
- Defining Activities
Turning work packages into specific, actionable tasks.6 min - Understanding Dependencies
Identifying which tasks must finish before others can start.6 min - Precedence Diagramming (PDM)
Visualizing the flow of work using logical relationships.6 min - Leads and Lags
Adjusting the timing between tasks for better flow.6 min - Milestones as Anchors
Using zero-duration events to mark significant progress points.5 min
4
Estimation and the Critical Path
Calculate the project duration and identify high-risk tasks.
- Duration Estimation Basics
The difference between effort (hours) and duration (calendar days).6 min - Analogous & Parametric Estimation
Using historical data and statistical relationships to predict time.6 min - Three-Point Estimation (PERT)
Accounting for uncertainty using optimistic, pessimistic, and likely scenarios.6 min - Finding the Critical Path
Identifying the longest sequence of tasks that determines the end date.6 min - Total and Free Float
Calculating how much a task can be delayed without affecting the project.6 min - Schedule Optimization
Techniques like crashing and fast-tracking to shorten the timeline.6 min
5
Budgeting and Resource Planning
Translate the schedule into a financial plan.
- Resource Planning
Identifying the people, equipment, and materials needed for each task.6 min - Estimating Resource Costs
Assigning monetary values to resources based on rates and usage.6 min - Baseline Reserves
Setting aside contingency and management reserves for known and unknown risks.6 min - Building the Cost Baseline
Aggregating all costs over time to create the project budget.6 min - Budget Approval Process
Presenting and finalizing the financial plan with stakeholders.5 min
6
Monitoring and Control
Track progress and handle deviations from the plan.
- Monitoring Performance
The importance of regular status updates and data collection.6 min - Variance Analysis
Comparing planned progress against actual results to find gaps.6 min - Intro to Earned Value Management
A unified way to measure scope, time, and cost performance.6 min - EVM Core Metrics
Understanding Planned Value (PV), Earned Value (EV), and Actual Cost (AC).6 min - EVM Performance Indicators
Using CPI and SPI to determine if the project is on budget and on time.6 min - Closing the Planning Loop
Updating the plan based on performance and lessons learned.5 min
The 'Mini-Project' Master Plan
You will create a complete project plan for a small event or product launch, including a WBS, a network diagram with a critical path, and a time-phased budget.
What you'll get
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Certificate of completion
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Personal AI tutor
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Audio version included
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Lifetime access
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Phone or computer
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14-day refund
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Short & focused
3h 7m of practical content
Certificate of completion
Every course you complete on PickAClass issues a credential like this — original, with its own code, verifiable by URL, and detailed about what was actually demonstrated.
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Project Management Foundations for Career Advancement
Project Risk Management Fundamentals
Project Management Essentials for Business Success
Construction Management with Bluebeam, Smartsheet, and Procore
Frequently asked
What do I need to take this course? +
Just a phone or computer with internet. No installs, no special hardware.
How do I pay? +
By card via Stripe. We don’t store card details — Stripe handles them securely.
Can I get a refund? +
Yes — full refund within 14 days, no questions asked.
How long will I have access? +
Forever. Once you purchase, the course is yours to revisit anytime.
Will I get a certificate? +
Yes. On completion you'll receive a certificate you can add to your LinkedIn profile.
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