Earned Value

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

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Course details

ceus icon CEUs 0.6

schedule icon Schedule Weekends

location icon Location North Campus

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$199 - $219

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Registration details

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

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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

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Introduction to Project Management or equivalent knowledge 

Syllabus

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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

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Earned Value
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Total classroom hours

6 hours

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Schedule

Online

Evenings, 6:00 PM - 9:00 PM, 2 Th - 12/3/2020 - 12/10/2020

Quarter: Fall

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Total cost

$199

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Instructor: Sal Thompson

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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 — Evenings

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Earned Value
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Total classroom hours

6 hours

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Schedule

Online

Evenings, 6:00 PM - 9:00 PM, 3 W - 3/3/2021 - 3/17/2021

Quarter: Winter

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Total cost

$214

instructor icon

Instructor: Sal Thompson

notes icon

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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