vcc.ca
PGMT 1004: Project Schedule and Cost Management
Effective date
May 2022
Department
Bus & Project Mgmt PD Diploma
School
Hospitality, Food Studies and Applied Business
Description
This course examines the processes, tools, and techniques required to manage the timely completion of projects. Students are introduced to cost management principles and techniques that ensure projects are delivered within the approved budget.
Credits
3.0
Year of study
1st Year Post-secondary
Prerequisites
PGMT 1001, PGMT 1002.
Corequisites
None
Course Learning Outcomes
Upon successful completion of this course, students will be able to:
- Develop and document a comprehensive plan to manage the project schedule
- Identify the activities and the associated interdependencies required to meet the deliverables identified in the project schedules
- Estimate the duration, elapsed time, lead, lag, and critical path for the scheduled activities
- Monitor and control the project schedules using a variety of tools and techniques
- Develop and document a comprehensive plan for managing the project costs
- Identify factors that impact the cost management plan
- Apply tools and techniques to identify resources required to deliver projects within the determined constraints
- Implement strategies for monitoring and controlling variances in project costs
- Describe the Project Schedule and Cost Management approaches in Agile project management environments
Prior Learning Assessment & Recognition (PLAR)
None
Hours
Lecture, Online, Seminar, Tutorial: 15
Clinical, Lab, Rehearsal, Shop, Kitchen, Simulation, Studio: 30
Total Hours: 45
Clinical, Lab, Rehearsal, Shop, Kitchen, Simulation, Studio: 30
Total Hours: 45
Instructional Strategies
Lecture, group work, case studies, discussions, presentations, guest speakers, online activities
Grading System
Letter Grade (A-F)
Passing grade
D
Evaluation Plan
|
Type |
Percentage |
Assessment activity |
|
Midterm Exam |
20 |
|
|
Final Exam |
30 |
|
|
Assignments |
20 |
Class, individual, and team assignments and projects |
|
Quizzes/Tests |
20 |
Weekly planned and/or ad-hoc quizzes |
|
Participation |
10 |
Active participation in class and team discussions |
Course topics
- Develop Project Schedule Management Plan
- Define and sequence project activities
- Estimate activity durations
- Develop and control project schedule
- Develop project Cost Management Plan
- Project cost estimation techniques
- Prepare and manage project budgets
Learning resources
Project Management: The Managerial Process, 8th edition, by Erik Larson and Clifford Gray
MS Project, MS Excel
MS Project, MS Excel
Notes:
- Course contents and descriptions, offerings and schedules are subject to change without notice.
- Students are required to follow all College policies including ones that govern their educational experience at VCC. Policies are available on the VCC website at:
https://www.vcc.ca/about/governance--policies/policies/. - To find out if there are existing transfer agreements for this course, visit the BC Transfer Guide at https://www.bctransferguide.ca.