You’ve been hearing the term Earned Value Management (EVM) for some time, and you have been introduced to the plethora of calculations involved. Management has been pushing you to explain what’s really going on in your projects, and to tell them how you know that what you’re telling them is true. What you really need is a more objective way to evaluate and control your project and to provide management accurate summary information. In short, you need Unlocking the Power of Earned Value Management.
This course will take you beyond the calculations you’ve already learned. You’ll review key project documents to gain an understanding of their relationship to effective project evaluation and control using EVM. You’ll explore the challenges and approaches involved in establishing a baseline and obtaining accurate, timely and useful information to measure project performance with EVM. You will benefit from relevant discussions with your peers and an experienced instructor.
Working through an integrated case study designed to simulate real-world issues, problems and decisions, you’ll gain insight and experience in determining a realistic assessment of where your project actually stands. This approach allows you to practice new skills and ask questions as you assimilate a broad array of practical experience that can be immediately applied upon your return to the workplace.
Participants in this course will receive our Earned Valued Formula Finder.
Recommendation: Please bring a calculator to class.
Reminder: Prior to taking this course, you should have a good understanding of standard project management control tools such as network diagrams and responsibility matrices. In addition, a basic background in applying and managing cost and schedule metrics is desirable.