Seminar: Project Controls from the Owner's Perspective

Starts:  Feb 6, 2024 01:00 PM (ET)
Ends:  Feb 8, 2024 05:00 PM (ET)

Project Controls from the Owner's Perspective  

February 6-8, 2024 (Tue, Wed, Thu)

1.2 CEUs

$500 member / $600 non-member

This live, instructor-led seminar will be held over 3 consecutive days from 1:00 PM - 5:00 PM Eastern (US).

Instructor:  James "Jimmy" K. Cravens

Jimmy is an experienced project control professional with a particular skill in the implementation of project management, cost control systems and procedures.  Specific experiences include participation in all levels of the project control process with both home office and worldwide field assignments.
Jimmy has been involved in completing a comprehensive review of project control process for a petrochemical company with multiple projects in execution. He implemented a project governance and control process on behalf of the project lender for a significant new food processing facility. The overall program included weekly status review, monthly cost and schedule forecasting as well as risk management, expenditure validation and cash flow monitoring. Jimmy has developed and facilitated more than twenty-five project control training curriculums. These sessions have ranged from one single topic focused efforts to weeklong “bootcamp” efforts encompassing a full range of project control related topics. Jimmy is an accomplished training professional with responsibility for delivery of project management and project controls sessions on a routine basis.
Jimmy holds a B.A. from Southern Benedictine College and is currently a member of the Association for the Advancement of Cost Engineering (AACE International) and the Board of Certified Safety Professionals (STS).

This seminar will cover Project Controls Industry “Best Practices” (approaches, methods, techniques and tools) suitable to an owner organization’s project portfolio and specific projects.  Topical coverage will include:

• Project Controls Perspective (relative to Owner’s role)
• Project Controls Process
• Roles and Responsibilities for Project Controls (Project Manager/Engineer, Owner’s Project Team, Owner's Project Controls Team/Representatives, Contractors)
• Planning and Scheduling (Development and Baselining)
• Cost Estimate/Budget (Development and Baselining)
• Cost and Risk Analysis and Contingency (Development and Management)
• Progress and Productivity Measurement
• Cost and Schedule Management
• Project Controls Reporting
• Change Management

A combination of material presentation in lecture format, examples and interactive sessions will be utilized by the instructor to provide attendees with an opportunity to engage in discussions and participate in an effective learning experience.

Who would benefit most by attending this seminar?
Owner Project Team Representatives, primarily Owner’s Project Manager’s, Project Controls Specialists and Managers, Project Engineers.

Content:  Basic

Key learning objectives:  
-Define the Role of Owner Representatives in Project Controls
-Understand the working relationship between Owners and Contractors with respect to Project Controls
-Define Project Controls "Best Practices" for Owner Organizations
-Define the Development and Utilization of Work Breakdown Structure
-Developing Project Cost and Schedule Baselines
-Define Effective Framework for Internal (Owner) and Contractor Project Controls Reporting
-Analyzing/Interpreting Project Reports/Data
-Outline and Effective Change Management Process/Guidelines
-Define and Effective Project Controls Environment for: Measuring Progress, Measuring Productivity, Measuring Earned Value, Forecasting/Trending Cost/Schedule

How learning objectives are measured:
An appraisal form and participant feedback form to quantitatively (10 point scale) and qualitatively measure the attendees' learning experience on a self-assessment basis (pre and post-seminar level of understanding of topical coverage) is used. 

Knowledge areas addressed:
Project Controls:
• Planning & Scheduling (Development, Baselining, Control)
• Cost Estimating/Budgeting (Development, Baselining, Control)
• Risk Analysis/Management, Contingency Setting & Management
• Change Management
• Project Reporting/Communication





70 Minutes

(1:00pm- 2:10pm EST)

Safety Moment

  • Introduction
  • Safety Moment
  • Learning Objectives
  • Participant Expectations
  • Participant Appraisal Form

1. Project Controls Perspective

2. Project Controls Process

Safety Moment

6. Cost Estimating

  • Cost Estimate Basis
  • Cost Estimate Classifications
  • Cost Estimating Methods and Estimate Accuracy
  • Cost Baseline
  • Checking/Reviewing Cost Estimates

Workshop #3 – Estimating

Safety Moment

Workshop #4 Feedback

9. Schedule Control

10. Cost Control

15 Minutes




70 Minutes

(2:25pm - 3:35pm EST)

3. Roles and Responsibilities for Project Control

4. Scope Definition

Workshop #1 – Work Breakdown Structure


7. Cost Risk Analysis & Contingency Determination

8. Schedule Risk Analysis & Schedule Reserve (Time Contingency)

11. Progress and Productivity Measurement

12. Cost & Schedule Contingency Management

Workshop #5 – Progress/Productivity

15 minutes




70 Minutes

(3:50pm - 5:00pm EST)

5. Planning & Scheduling

  • Planning Versus Scheduling
  • Resources/Resource Loading
  • Float Management
  • Schedule Baseline
  • Schedule Reviews

Workshop #2 – Planning Workshop

Workshop #4 – Risk Analysis

13. Communications and Reporting

14. Change Management

Workshop #6 – What-If Scenarios

  • Session Close Out
  • Open Discussion
  • Participant Appraisal Form


Virtual Event
Fairmont, WV 26554
Online Instructions: