Objective
To develop a robust execution plan that captures the cost, schedule and resource requirements in the face of significant risk and uncertainty. The participant will be able to identify and address risks at the proper level using a comprehensive risk management process. The potential impact on cost and schedule is described using range estimates and mitigated through a contracting strategy that allocates risks appropriately.
TOPICS
Specifying Requirements
- Understanding Tradeoffs and Priorities
- Concept Evaluation and Selection
- Scope Development
- Value-Improving Practices
Creating the Plan
- Work Breakdown Structure
- Cost Estimation
- Organizing the Schedule
- Resource Allocation
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Risk Management and Impact on the Plan
- Identifying and Specifying Risks
- Risk Management Process
- Range Estimates
- Impact of Risk on Cost and Schedule
Contracting Strategy
- Tiered Contracting Principles
- Risk Allocation through Contracts
- International Contracting Challenges
- Interfaces and the Contracting Quilt
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Continuing Education Units
Participants earn 1.4 continuing education units (CEUs). A certificate
of completion will be presented from Texas Executive Education.
