Budgeting and Scheduling Projects
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Budgeting and Scheduling Projects
This course is part of Project Management Principles and Practices Specialization
219,726 already enrolled
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9,366 reviews
9,366 reviews
What you'll learn
Define milestones and create a milestone schedule
Identify the resource needs of the project
Estimate the quantities and costs of resources needed for project activities
Use a responsibility assignment matrix to assign responsibilities
Skills you'll gain
- Project Controls
- Project Estimation
- Cost Management
- Budget Management
- Project Management
- Work Breakdown Structure
- Estimation
- Budgeting
- Dependency Analysis
- Matrix Management
- Milestones (Project Management)
- Resource Allocation
- Cost Estimation
- Timelines
- Resource Management
- Scheduling
- Resource Utilization
- Project Schedules
- Quality Management
- Project Planning
Details to know
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- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate
There are 5 modules in this course
A good project schedule helps all team members’ work together to meet project objectives. A project budget with realistic cost constraints is also an essential bedrock of any project. In this course you’ll learn to plan and stick to time and cost constraints in order to ensure the success of your projects.
Upon completing this course, you will be able to: 1. Identify the resource needs of the project 2. Decompose work packages into activities 3. Define what is needed to estimate activity durations 4. Define milestones and create a milestone schedule 5. Determine the critical path and calculate float 6. Describe the purpose of using leads and lags in a project schedule 7. Estimate the quantities and costs of resources required to perform project activities 8. Select one of three common cost estimating techniques to determine a project budget 9. Use a responsibility assignment matrix to assign responsibilities 10. Recognize the components of a project’s quality management plan
Get started in this module by reviewing the course overview and participating in the course survey.
What's included
1 reading
1 reading•Total 10 minutes
- Course Overview•10 minutes
In this module, we will decompose work packages into activities, identify the resource needs of the project, and use a responsibility assignment matrix (RAM) to assign responsibilities. In addition, you will have a lesson on Quality Management.
What's included
3 videos2 readings1 assignment
3 videos•Total 16 minutes
- 2.1 Lecture•5 minutes
- 2.2 Case Study•2 minutes
- Bonus Video: Tips for Identifying Project Resources•9 minutes
2 readings•Total 20 minutes
- 2.3 Optional Readings•10 minutes
- 2.4 Exercise•10 minutes
1 assignment•Total 30 minutes
- Module 2 Quiz•30 minutes
In this module, we will define what is needed to estimate activity durations, estimate the quantities and costs of resources required to perform project activities, and discover three common cost estimating techniques to determine a project budget.
What's included
3 videos2 readings1 assignment
3 videos•Total 26 minutes
- 3.1 Lecture•10 minutes
- 3.3 Case Study•2 minutes
- Bonus Video: Avoid These Estimating Pitfalls•14 minutes
2 readings•Total 20 minutes
- Don't Miss Out!•10 minutes
- 3.3 Exercise•10 minutes
1 assignment•Total 30 minutes
- Module 3 Quiz •30 minutes
In this module, we will create a network diagram, determine the critical path and calculate float, define milestones and a create a milestone schedule, describe the purpose of using leads and lags in a project schedule, and recognize the components of a project’s quality management plan.
What's included
3 videos2 readings1 assignment
3 videos•Total 35 minutes
- 4.1 Lecture•11 minutes
- 4.3 Case Study•2 minutes
- Bonus Video: Revisiting the Network Diagram•22 minutes
2 readings•Total 20 minutes
- 4.4 Optional Readings•10 minutes
- 4.5 Exercise•10 minutes
1 assignment•Total 30 minutes
- Module 4 Quiz•30 minutes
Wrap up this course by meeting our industry expert panelists, taking the final exam, and participating in our post course survey.
What's included
1 video2 readings1 assignment
1 video•Total 21 minutes
- Panelist Interview•21 minutes
2 readings•Total 20 minutes
- You're Almost There!•10 minutes
- Meet the Panelists•10 minutes
1 assignment•Total 30 minutes
- Final Exam •30 minutes
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Reviewed on Aug 12, 2018
Very helpful big picture overview of critical competencies for budgeting and scheduling projects. Immediate application for numerous projects I'm managing or co-managing.
Reviewed on Apr 22, 2016
A good overview for budgeting and scheduling projects. The course focuses on the basics, but also does a good job of introducing more advanced methods for both financial and schedule management.
Reviewed on Apr 12, 2016
Budgeting and Scheduling helps you to attain the budget needed for the project itself. It also helps to monitor you cost versus your timelines in order to minimize the overtime and over
Frequently asked questions
You'll learn how to plan a project so time, cost, and team responsibilities stay aligned. It starts with identifying resources and breaking work into activities, then moves into estimating costs and durations and building milestone schedules. You'll apply that in exercises such as creating a responsibility assignment matrix and analyzing dependencies between activities.
No, the course doesn't state a formal prerequisite. It teaches core planning tasks through lessons, case studies, and exercises, though it does move fairly quickly into project terms like work packages and RACI roles. If you've been part of team-based projects before, the examples may feel easier to follow.
It is beginner-friendly if you want a concise introduction to planning project time and cost. The course builds step by step, using short lessons, case studies, and guided exercises instead of asking you to manage a full project on your own. If you're completely new to project terminology, you may need to slow down a bit when topics like estimating or dependencies first appear.
More questions
Financial aid available,
¹ Some assignments in this course are AI-graded. For these assignments, your data will be used in accordance with Coursera's Privacy Notice.
