Project Cost and Schedule Management
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Project Cost and Schedule Management

This course equips learners with essential skills to plan, monitor, and control project budgets and timelines effectively. It emphasizes practical techniques for managing resources and ensuring projects are completed on time and within budget.
Project Cost and Schedule Management Unit Standards

123463 - Assistance in Project Estimating

The person credited with this unit standard is able to provide the type of assistance required for estimating on projects. They will also be able to identify the data required, gather and collate this data, and provide the required information in the correct format so that the project estimate can be developed.

The qualifying learner is capable of:

  • Explaining the basic procedures for project estimating.
  • Assisting with the gathering and collating of data required for estimating.
  • Participating in the preparation of the basis of estimate document.
  • Contributing to the development and maintenance of a historical estimating databank.

123466 - Understanding Project Quality, Time and Cost Parameters

The person credited with this unit standard is able to demonstrate an understanding of and explain the quality, time and cost parameters of a project. Learners accessing this unit standard will also be able to obtain authorisation for project change requests and maintain confidentiality of project information.

The qualifying learner is capable of:

  • Identifying and explaining the quality, time and cost parameters, and risks of a project.
  • Obtaining and securing authorisation for project change request documents.
  • Maintaining confidentiality of project information.

123464 - Assistance in Project Planning and Scheduling

The person credited with this unit standard is able to provide the type of assistance required for planning and scheduling to be carried out on projects. They will also be able to identify the data required, gather and collate this data and provide the required information in the correct format so that the project plan and schedule can be developed and maintained.

The qualifying learner is capable of:

  • Explaining the basic procedures for project planning and scheduling.
  • Gathering and collating planning and scheduling activity data.
  • Gathering and collating activity resource requirements.
  • Gathering and collating progress information for updating schedules.
  • Contributing to the development and maintenance of a historical planning and scheduling databank.

123467 - Assistance in Project Cost Control

The person credited with this unit standard is able to provide the type of assistance required for cost control to be carried out on projects. They will also be able to identify the data required, gather and collate this data and provide the required information in the correct format so that the project cost control function can be performed.

The qualifying learner is capable of:

  • Explaining elements of the procedures for project cost control.
  • Gathering and collating cost budget data to establish a control budget for a project.
  • Gathering and collating progress information for updating the cost reporting system for a project.
  • Storing and distributing progress information for the cost reporting system for a project.
  • Contributing to the development and maintenance of a historical cost control databank.
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