Introduction to Project Evaluation
Free online course on project evaluation, business case analysis, cost-benefit analysis, project scheduling & PERT/CPM.
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CertificationView course modules
This free online course on Introduction to Project Evaluation will begin by introducing you to the basics of project evaluation, as well as the concepts of a business case project. You will learn about project portfolio management including its pros and cons, as well as how to evaluate individual projects. This course will introduce you to the cost-benefit analysis of projects. You will learn how to identify the cost and benefits, categorize them as well as select a cost-benefit evaluation technique.
This course will then teach you about the steps involved in the cost-benefit analysis as well as risk evaluation for a project which include risks like project risk and business risk. You will learn about programme management, as well as the types of programmes which include research and development, infrastructure, and the business cycle. You will also study benefits management and the importance of project scheduling.
Lastly, this course will introduce you to the concept of activity within the project schedule. You will learn about two main approaches used for identifying activities; work-based and deliverable-based activities. You will learn about the different steps in PERT/CPM as well as how activities are characterized by a PERT/CPM chart. The course will teach you how to compute parameters using PERT/CPM. Start this course today and improve your knowledge of project evaluation software project management.
Project Evaluation - Learning Outcomes
Introduction to Project Evaluation
Techniques of Cost Benefit Evaluation
Steps in C-B Analysis and Risk Evaluation
Project Evaluation - Lesson Summary
Two Task Networks: PERT and CPM
Two Task Networks: PERT/CPM - Learning Outcomes
Two Task Networks: PERT/CPM
Sample Usage of PERT/CPM
Computation of Project Characteristics using PERT/CPM
Computing Parameters using PERT/CPM
Two Task Networks: PERT/CPM - Lesson Summary
Having completed this coure, you should be able to:
- Describe the purpose of a project management portfolio.
- Discuss the steps for carrying out a Cost-benefit analysis.
- Outline the different cost-benefit evaluation techniques.
- Identify the risk evaluation methods.
- Analyze the difference between program managers and project managers.
- Discuss the steps in the project scheduling process.
- Describe the characteristics of both PERT and CPM.
- Describe how activities can be characterized on a PERT/CPM chart.
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