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SK05: Skills and Knowledge Course 5 - Project Management

CEU: 0.9
PDH: 9

No textbook is required for this course. Once your registration is received, the instructor will be notified of your enrollment within one business day, and as soon as your account is set up in the online learning system, you will receive login instructions from the instructor.

Project Management
In today’s difficult, global business environment, it is vital that project management identify and control risks, maximize cost savings, minimize schedule delays, and improve economic return. This only can be achieved with effective and meaningful project planning and organization. Upon completion of this course you will be able to:

  • Delineate the role of the project manager in project planning.
  • State common planning strategies.
  • List and explain the major components of project planning.
  • Explain the importance of project planning.
  • Calculate installed quantities (progress) for construction activities.
  • Define how actual labor work hours are collected using time cards.
  • Analyze labor cost performance using earned value.
  • Analyze labor cost performance using unit rates.
  • Define the three components of labor costs: quantities, installed production rates, and wage rates.
  • Analyze labor cost performance using variance analysis.
  • List and explain the basic requirements of a contract.
  • Understand how contracts may become defective and, possibly, unenforceable.
  • State the types of contracts typically employed in capital projects, their requirements, and the potential advantages and disadvantages of each.
  • Relate typical project delivery methods to provisions of the contracts that are employed for each method.
  • State and explain various key clauses in contracts.
  • Clarify what sorts of claims may arise on contracts for capital projects.
  • State how disputes arising under contracts may be resolved.

Withdrawals and Refunds
You may withdraw from this course by sending an email to or by conventional mail requesting to be dropped from the course. Non-attendance or notifying the instructor does not constitute officially dropping or withdrawing from a course. Students who stop attending courses without officially dropping will receive a grade of U in the class. Refunds are not automatic. NO refunds are due unless the course is officially dropped within stated guidelines in the refund schedule.

Refund Schedule
a. All withdrawals must be submitted by e-mail. Withdrawal received before the second day of enrollment: total fee less a $400 cancellation fee for enrollment in the series (seven courses), and total fee less $100 for enrollment in each individual course (less than seven courses).
b. Refund requested after the second day and no later than seven days after the first day of class will be refunded 60% of the fee, after which time there is no refund.