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Updated in [August 18th, 2023]
Skills and Knowledge:
This Earned Value Management Training course will provide participants with the skills and knowledge to understand, learn, and practice EVM. Participants will learn the basics of EVM, performance management baseline, project WBS, time phasing of project budget, planned value, budget at completion, actual cost, earned value, schedule variance, schedule performance index, cost variance, cost performance index, estimate to complete, estimate at completion, variance at completion, to complete performance index, and earned value reports. Additionally, participants will gain an understanding of the Practice Standard for Earned Value Management by Project Management Institute (PMI).
Professional Growth:
This Earned Value Management Training course provides project professionals with the knowledge and skills necessary to understand and practice EVM. It covers topics such as the use of EVM, performance management baselines, time phasing of project budgets, and earned value reports. Additionally, the course is based on the Practice Standard for Earned Value Management by the Project Management Institute (PMI). By taking this course, professionals can gain a better understanding of EVM and its application to their projects, which can lead to improved project performance and professional growth.
Further Education:
This Earned Value Management Training course is suitable for preparing further education, as it covers topics related to the Practice Standard for Earned Value Management by Project Management Institute (PMI). The course is designed to introduce the concept of Earned Value Management to any project professional, and covers more than 20 lectures on topics such as Use of EVM, Performance Management Baseline-PMB, Project WBS, Time Phasing of Project Budget, Planned Value-PV, Budget at Completion-BAC, Actual Cost-AC, Earned Value-EV, Schedule Variance-SV, Schedule Performance Index-SPI, Cost Variance-CV, Cost Performance Index-CPI, Estimate to Complete, Estimate At Completion, Variance At Completion, To Complete Performance Index-TCPI, and Earned Value Reports- Tables & S-Curves. This course is suitable for project managers, construction managers, project planners, project control professionals, and novice engineers.
Course Syllabus
Introduction
Use of Earned Value Management
Basic Requirements of EVM
Earned Value Management-Input Elements
Earned Value Management-Output Elements
Earned Value Management-Forecast Elements
Reporting & Communicating EVM Results
Earned Value Management Exercises
Recap & Conclusion
Final Exam
