Earned Value Management

Level

Earned Value Management

Aikona
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Description

Overview

Knowing how much the project has achieved and spent compared to the plan is vital for effective decision taking. Earned Value provides a clear picture of current status and quickly highlights the areas that need management attention. This 1 day course explores how to implement effective earned value management and uses simulations, case studies and exercises to explain earned value in everyday terms.

Prerequisites

This course is suitable for individuals interested in using earned value analysis to assist them in delivering more successful projects, beyond the APMP qualification level.

Delegates will learn how to

  • Explain why earned value analysis is used
  • Explain planning struct…

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Overview

Knowing how much the project has achieved and spent compared to the plan is vital for effective decision taking. Earned Value provides a clear picture of current status and quickly highlights the areas that need management attention. This 1 day course explores how to implement effective earned value management and uses simulations, case studies and exercises to explain earned value in everyday terms.

Prerequisites

This course is suitable for individuals interested in using earned value analysis to assist them in delivering more successful projects, beyond the APMP qualification level.

Delegates will learn how to

  • Explain why earned value analysis is used
  • Explain planning structures for schedule, costs and organisation
  • Explain the principles and practicalities of rolling wave planning
  • Describe how to measure progress and cost against plan and produce performance metrics
  • Describe status reviews relevant to earned value analysis
  • State the benefits and costs of earned value analysis
  • Explain how change in a project plan is managed

Course Outline.

  • Overview of earned value management
  • What is earned value management?
  • Prerequisites for earned value management
  • Calculating earned value
  • Calculating performance metrics and forecasting
  • Earned value interpretation
  • Establishing a baseline
  • Change control
  • Personal action planning
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    There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.