Booking options
£1,050
+ VAT£1,050
+ VATOn-Demand course
45 minutes
All levels
Earned Value Management (EVM) incorporates a set of proven practices appropriate for project or program management methodologies. These include integration of program scope, schedule, and cost objectives, establishment of a baseline plan for accomplishment of program objectives and use of earned value techniques for performance measurement during the execution of a program. EVM provides a solid platform for risk identification, corrective actions, and management re-planning as may be required over the life of a project or program.
The course emphasis is on the latest EVM principles and concepts in accordance with changes and guidelines for Earned Value Management in PMI's A Guide to the Project Management Body of Knowledge (PMBOK® Guide) and The Practice Standard for Earned Value Management.
You'll learn how to:
Develop a project baseline, using an effective WBS
Record actual project performance
Calculate EVM measures
Evaluate project performance based on EVM measures
Respond to project variances
Integrate EVM and risk management
Determine how EVM will add value to your organization
Develop an EVM implementation plan for your organization
Getting Started
Foundation Concepts
Creating a Work Breakdown Structure
Building a Project Baseline
Recording Actuals
EVM Performance Measures
EVM and Risk Management
Responding to Variances
Reporting Project Performance
Implementing an EVMS
Summary and Next Steps