Cost baseline
Map a current situation involving cost baseline; separate facts from assumptions and identify questions that need clarification.
All programmesProject & Programme Management / PM-PRO-014
Project Controls in Practice
A practical programme in project controls in practice, connecting working concepts with team decisions and relevant workplace examples.
About the Course
This programme develops a working approach to project controls in practice in the context of project scope, delivery and uncertainty. Participants move from understanding the main concepts to examining a case, testing alternatives and explaining a practical recommendation. The three modules focus on cost baseline, schedule variance and forecasting. Examples are selected after the training brief so that they reflect the responsibilities and experience of the participant group.
Course Objectives
- Explain the role of cost baseline and identify the information required for a reliable assessment.
- Use a structured worksheet to examine schedule variance and compare reasonable alternatives.
- Identify assumptions, missing evidence and implementation concerns related to forecasting.
- Prepare a delivery recommendation with milestones and risk responses for discussion with a project delivery team.
- Translate the exercise into a workplace action plan with owners, review points and measurable progress.
Who Can Benefit
- Project managers and coordinators: apply cost baseline to their responsibilities through a guided case and a course-specific worksheet.
- Planning and project-control teams: apply schedule variance to their responsibilities through a guided case and a course-specific worksheet.
- Project sponsors and delivery leads: apply forecasting to their responsibilities through a guided case and a course-specific worksheet.
Participant experience and learning needs are reviewed before the programme is confirmed.
Curriculum & Practical Work
Schedule variance
Compare two approaches to schedule variance; explain the expected benefits, limitations and information gaps.
Forecasting
Develop an action plan for forecasting; assign responsibilities and agree how results should be reviewed.
Learning Method
Short concept discussions, guided worksheets, group comparisons and instructor feedback, followed by a workplace action plan.
Educational programme. No professional accreditation is implied; specialist legal, engineering or tax advice requires qualified professionals.