Earned Value
Explore how to collect and report on project status with the Earned Value Management System.

Course details
CEUs 0.6
Schedule Evenings, Weekends
Location Online
Cost
$199 - $219
Earned Value
Explore how to collect and report on project status with the Earned Value Management System.
What you’ll be able to do — competencies
- Prepare a proper work breakdown structure (WBS) in order to effectively apply EVM method
- Apply EVM tools and techniques to control, forecast and manage projects
- Calculate variances and performance indexes to determine the project status on budget and schedule
Course description
Learn how to collect information about project status and report the results with the Earned Value Management System. This system integrates both cost and schedule to provide accurate tracking of project tasks. Learn to track performance by collecting information and measuring project status against a predetermined baseline. Practice techniques for creating and monitoring results to achieve positive project outcomes.
Pre-requisites
Introduction to Project Management or equivalent knowledge
Syllabus
Session 1
Describe the various project controls that can be used when executing projects.
- Discuss how project controls are selected
- Define the various types of project control
- Explain the principle of Earned Value Management
Examine the history of earned value management and why it is an important element in controlling projects.
- Review the 32 separate criteria of ANSI/EIA-748 for Earned Value
- Define Earned Value terminology
- Examine Earned Value measuring techniques
Session 2
Recognize the terminology of Earned Value and the significance of each term.
- Discuss the meaning of Cost and Schedule variance
- Explain the purpose and use of the Cost and Schedule Performance Index (CPI/SPI)
- Use Earned Value equations to determine project performance
- Compare Earned Value methodology to project management best practices
- Explain how Earned Value, Planned Value and Actual Cost can be used to forecast future performance
Apply earned value management tools and techniques to execute projects on time, within budget, and with high customer satisfaction using an in-class case.
- Apply Earned Value Principles to an in-class case
- Examine applying Earned Value techniques to traditional projects
- Interpret variances and potential project problems using Earned Value data
Next available start dates
Online — Evenings
Earned Value
Total classroom hours
6 hours
Schedule
Online
Evenings, 6:00 PM - 9:00 PM, 2 M W - 3/8/2021 - 3/10/2021
Quarter: Winter
Total cost
$214
Instructor: Sal Thompson
Notes
Online courses require an internet connection and the ability to interact both through audio and video using either a web cam/microphone, speakers/headset using a computer or via a mobile phone connection. Any costs associated with connectivity or equipment are the responsibility of the student.
Online — Weekends
Earned Value
Total classroom hours
6 hours
Schedule
Online
Weekends, 9:30 AM - 4:00 PM, 1 S - 5/22/2021
Quarter: Spring
Total cost
$219
Instructor: Sal Thompson
Notes
Online courses require an internet connection and the ability to interact both through audio and video using either a web cam/microphone, speakers/headset using a computer or via a mobile phone connection. Any costs associated with connectivity or equipment are the responsibility of the student.
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