Project Status and Forecasting: Monitoring Performance and Predicting Project Outcomes
Course Description
Project Statusing and Forecasting are two critical functions in Project Management, especially in large projects such as oil & gas operations, construction, infrastructure, and corporate programs. They help management understand where the project stands today and where it is going in the future.
The Training Course Will Highlight ?
Training Objective

Participants receive:

  • Project Status Report Templates
  • Earned Value Calculation Sheets
  • Forecasting Models
  • Dashboard Examples

After completing the course, participants will be able to:

  • Monitor project performance effectively
  • Prepare professional project status reports
  • Apply Earned Value Management techniques
  • Forecast cost and schedule outcomes
  • Support strategic decision-making in projects

Target Audience

  • Project Managers
  • Project Control Engineers
  • PMO Teams
  • Planning Engineers
  • Finance & Cost Control Staff

Training Methods

Daily Agenda

Day One - Cost Engineering Definitions & Cost Estimating Methodologies

  • Estimating Definitions
  • Factor Estimating
  • Case study: Factor estimating
  • Quantity Ratio Estimating
  • Case study: Quantity ratio estimating
  • Parametric and Range Estimating
  • Detailed Estimating
  • Case study: Detailed Estimating

Day Two - Location & Market Factor, Indices,Budgeting & Project

  • Location Factors and Market Factors
  • Case Study: Analysing differences between locations and markets Budgeting
  • Case Study: From Estimate to Budget
  • Project Control
  • Case Study: Earned Value Analysis
  • Advanced Project Control
  • Case Study: Advanced project control

Day Three - Assurance, Risk Identification, Assessment, Analysis & Management

  • Project Assurance
  • Case Study: Project Assurance
  • Risk Analysis Introduction & Definitions
  • Case Study: Setting up a risk analysis model
  • Risk Management
  • Case Study: Risk Management
  • Schedule Risk Analysis
  • Case Study: Schedule Risk Analysis
  • Integrated Cost and Schedule Risk Analysis
  • Case Study: Integrated cost/schedule risk analysis

Day Four - Definitions, Objectives, Methodologies and Analysis

  • Definitions and Principles
  • Case Study: Budget Allocation
  • Project Control
  • Case Study: Project Baseline and Control Sheet
  • Earned Value Analysis
  • Case Study: Earned Value Analysis

Day Five - Monitoring, Reporting & Advanced EVM

  • Monitoring
  • Case Study: Earned Value Monitoring
  • Reporting
  • Case Study: Project Controls Report and Dashboard
  • Advanced Earned Value Management
  • Case Study: Advanced Earned Value Management
Accreditation

CDGA attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.

Quick Enquiry

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
PM253-03 27-07-2026 Zürich USD 6950
PM253-04 15-11-2026 Dubai USD 5450
Prices doesn't include VAT

UpComing Date


Details
  • Start date 27-07-2026
  • End date 31-07-2026

Venue
  • Country Switzerland
  • Venue Zürich

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

CDGA keen to selects highly technical instructors based on professional field experience

Strengths and capabilities

Since CDGA was established, it considered a training partner for world class oil & gas institution

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