Indicate work progress in a more objective way within and across projects
Properly relate cost, schedule and technical accomplishment
Relate time-phased budgets to specific tasks and/or statements of work to create a useful and realistic
baseline
Supply managers with information at a practical level of summarisation
Prepare an action plan and create an immediate impact to your organisation’s ability to effectively
control projects
Course Overview
You’ve been hearing the term Earned Value Management (EVM) for some time, and you have been introduced
to the plethora of calculations involved. Management has been pushing you to explain what’s really going on
in your projects, and to tell them how you know that what you’re telling them is true. What you really need
is a more objective way to evaluate and control your project and to provide management accurate summary
information. In short, you need Unlocking the Power of Earned Value Management.
This course will take you beyond the calculations you’ve already learned. You’ll review key project documents
to gain an understanding of their relationship to effective project evaluation and control using EVM. You’ll
explore the challenges and approaches involved in establishing a baseline and obtaining accurate, timely and
useful information to measure project performance with EVM. You will benefit from relevant discussions with
your peers and an experienced instructor.
Working through an integrated case study designed to simulate real-world issues, problems and decisions,
you’ll gain insight and experience in determining a realistic assessment of where your project actually stands.
This approach allows you to practice new skills and ask questions as you assimilate a broad array of practical
experience that can be immediately applied upon your return to the workplace.
Participants in this course will receive ESI’s Earned Valued Formula Finder
Recommendation: Please bring a calculator to class.
Reminder: Prior to taking this course, you should have a good understanding of standard project management
control tools such as network diagrams and responsibility matrices. In addition, a basic background in applying
and managing cost and schedule metrics is desirable.
“Valuable for setting up Earned Value Management in our organisation.”
Jan Koetsier, Senior Project Manager, EMC
Public Course Information
This course is only available as in-house corporate training (see below).
This course is available as in-house corporate training. Available to groups of 10 or more (please note this is a guideline). To find out more about corporate training for your organisation click here.
