Participants in this interactive program will find out all the essential tools and also techniques required to make decisions to optimize the effective execution of a project in a vibrant atmosphere.

Course Goals of Construction Project Administration

• Define construction task administration frameworks, processes, and tools in conformity with the Task Administration Institute (PMI) criteria
• Apply various methods that will certainly help in the task selection process
• Identify various methods for price estimating and also task budgeting
• Handle time and price discrepancies by applying 'earned worth analysis'
• Utilize threat management plans and apply threat reaction techniques to guarantee the successful execution of the job

Day 1
Overview of Construction project management

• Defining construction project management terminologies

• Construction Project management benefits

• Triple constraints

• Project life cycle

• Project stakeholders

• Effect of organizational structure

Day 2
Project selection

• Project selection models

• Benefit-cost ratio

• Average Rate of Return (ARR)

• Payback period

• Net Present Value (NPV)

• Internal Rate of Return (IRR)

• Decision trees

• Project selection in hospitals, Workshops

Day 3
Project planning and scheduling

• Project charter

• Project scope statement

• Building work breakdown structure

• Duration estimation

• Program Evaluation and Review Technique (PERT)

• Relationships between activities

• Network diagram

• Critical Path Method (CPM)

• Manipulating logic

• Resource allocation

• Resource leveling

• Duration acceleration

• Project planning and scheduling in hospitals, Workshops

Day 4
Construction Project budgeting

• Cost estimating techniques

• Cost baseline

• Project budget

• Slack management

• Compression by crashing

• Project budgeting

Construction Project control

• Variance analysis

• Dashboards and scorecards

• Key performance indicators

• Earned value

• Managing deviations

• Project control

Day 5
Construction Project risk management

• Project risk identification

• Qualitative risk analysis

• Quantitative risk analysis

• Project risk response planning

• Contingency and management reserves

• Project risk management in Workshops

Program management

• Program life cycle

• Developing program work breakdown structure

• Developing a program schedule

• Developing program financial plan

• Program management in  Workshops