Super informative and well-organized. I appreciated the real-world applications that were discussed. Felt like a great use of my time.
Project Scheduling and Budgeting Fundamentals
Learn how to build realistic project timelines, estimate costs, and manage resource constraints to deliver projects on time and within budget.
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About this course
Course contents
7 modules · 29 lessons · 3h 11m
1
Module 1: The Foundations of Project Planning
Establish the core terminology and frameworks for time and cost management.
- Welcome to Project Planning
Introduction to why scheduling and budgeting are the backbone of project success.6 min - The Triple Constraint
Understanding the fundamental relationship between scope, time, and cost.7 min - The PM Dictionary
Defining essential terminology like milestones, stakeholders, and constraints.6 min - Core Planning Frameworks
Overview of Waterfall, Agile, and the role of planning in each.7 min
2
Module 2: Scoping and the WBS
Learn how to break down complex goals into manageable tasks.
- What is a Work Breakdown Structure?
Visualizing project scope through a hierarchical decomposition.7 min - Defining Work Packages
How to reach the lowest level of the WBS where work can be estimated.7 min - The WBS Dictionary
Adding detail to work packages to prevent scope creep.6 min - Practice: Decomposing a Project
A written scenario to practice breaking a project into tasks.6 min
3
Module 3: Estimation Techniques
Master traditional and modern ways to predict time and cost.
- Analogous and Parametric Estimation
Using historical data and mathematical models for quick estimates.7 min - Bottom-Up Estimation
Aggregating individual task estimates for high accuracy.7 min - Three-Point Estimation (PERT)
Calculating expected duration using optimistic, pessimistic, and most likely values.8 min - Risk-Adjusted Estimation
Factoring in uncertainty and buffers to create realistic estimates.7 min
4
Module 4: Scheduling Mechanics
Build a realistic timeline using dependencies and critical paths.
- Task Dependencies and Sequencing
Understanding Finish-to-Start and other logical relationships.6 min - Finding the Critical Path
Identifying the sequence of tasks that determines the project finish date.8 min - Understanding Float (Slack)
Learning which tasks can be delayed without affecting the deadline.7 min - Resource Leveling
Adjusting the schedule to resolve resource overallocation.7 min - Creating the Schedule Baseline
Freezing the plan to use as a benchmark for progress.6 min
5
Module 5: Budgeting Strategies
Develop a comprehensive financial plan for the project.
- Direct vs. Indirect Costs
Categorizing expenses from labor to overhead.6 min - Building the Cost Baseline
Mapping costs to the project timeline to create a S-curve.7 min - Contingency vs. Management Reserves
Setting aside funds for known risks and unknown unknowns.7 min - Budget Approval Process
How to present and justify a budget to stakeholders.6 min
6
Module 6: Cost Control and Monitoring
Track performance and prevent budget overruns.
- Tracking Actual Expenditures
Comparing real-world spending against the baseline.7 min - Identifying Variances
Spotting early warning signs of cost and schedule slips.7 min - Change Control Impact
How scope changes ripple through the schedule and budget.6 min - Reporting Progress
Communicating status effectively to the team and sponsors.6 min
7
Module 7: Modern and Hybrid Approaches
Adapt planning principles to dynamic project environments.
- Introduction to Hybrid Scheduling
Combining predictive milestones with iterative execution.6 min - Rolling Wave Planning
Planning near-term work in detail and long-term work at a high level.7 min - Agile Budgeting Concepts
Managing costs in environments where scope is flexible.6 min - Course Summary and Next Steps
Reviewing the journey from WBS to final cost control.5 min
The 'New Office Launch' Project Plan
You are tasked with planning the opening of a new satellite office. You will create a WBS, estimate durations using PERT, identify the critical path, and develop a baseline budget with reserves.
What you'll get
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Certificate of completion
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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 11m 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.
Reviews (5)
Good foundational material. I appreciated the structured approach, although I wish there had been a few more real-world case studies.
Fantastic value here. The examples used were super helpful for understanding the core ideas. Definitely worth the time.
Fantastic resource! The examples were super clear and really helped solidify the concepts. Definitely worth the time invested.
This was exactly what I needed! The pace was perfect and the examples really solidified the concepts. So much practical value here.
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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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