Earned Value Management

This will introduce you to the fundamental concepts of Earned Value Management (EVM). It will provide hands-on overview of the process of EVM, from project development to execution. You will learn the language associated with EVM. It emphasizes the processes related to the Performance Management Baseline (PMB) for EVM systems. You will also learn about evaluating and computing basic EVM metrics and EVM metrics-based Estimates at Completion (EAC).

You will gain valuable EVM skills through hands-on exercises that take you from EVM project baseline formation at the beginning of the project life cycle through the challenges of ongoing assessments and reassessments of cost, schedule and performance changes.





 


  Earned Value Management System Objectives

 

- Plan all work prior to beginning it

 

- Measure performance based on an objective set of criteria

 

- Analyze schedule status and projections using a time phased network

 

- Analyze the expenditure of funds in light of work accomplished (not work scheduled)

 

- Isolate problems:

 

 

- Quantify technical problems within the context of cost and schedule parameters

 

 

- This is not aimed at replacing or changing the process for technical problem   detection

 

 

- Forecast completion date and final cost

 

 

- Take corrective action

 

 

- Maintain disciplined control of the performance measurement baseline

  Project Management Trainings

   PMI® Certification Exam Prep
         - CAPM® Exam Prep
         - PMP® Exam Prep
         - PMI-RMP® Exam Prep
         - PMI-SP® Exam Prep
   Portfolio Management
   Applied Project Management Pro®
   Earned Value Management



























            
              HOME
              ACADEMIA
              CONTACT US

              IPECC Consultants - All Rights Reserved - Powered by IPECC Consultants Developers