Earned Value Management Course
Using earned value to measure project performance and to forecast the final cost and finish date.
Instructor
Philip Russell
- Description
- Curriculum
- Reviews
The subject is earned value management: what it is, why it works and how it’s used. You learn the core measures with their variances and indices, how to forecast the final cost and finish date of a project, and how to set up earned value on a real one.
Who should attend
Project managers, planners and cost controllers, and anyone who reports on project performance.
How it runs
The instructor teaches live on Zoom, so you can join from wherever you are.
Part 1: Why earned value
Part 2: Earned value principles
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3
Planned value, earned value and actual costLearn the three numbers that earned value management is built on. -
4
Variances and performance indexesMeasure whether the project is on time and on budget.
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5
ForecastingPredict the final cost and the performance needed to finish on budget.
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6
Work package or project levelApply earned value at different levels and adapt it to your organization.
Part 3: Practical application
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7
Exercise: calculate and interpretCalculate the schedule variance (SV), SPI, cost variance (CV) and CPI for work packages and the whole project, then explain the results.
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8
Report with earned valueUse earned value graphs and adjust your approach as the project gets close to completion.
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9
Software and standardsGenerate earned value tables and graphs with scheduling software and see the international standards.
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