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Making Decisions Using Earned Value

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Content starts here
At a glance
Schedule and Registration Schedule
Course number HE539S
Length 2 days
Delivery method* Instructor-led training ( ILT)
Onsite dedicated training ( OST)
*Courses are supported in the delivery formats above, but are not necessarily scheduled in every delivery format listed. Please click the schedule links at the top of the page to see which delivery formats are currently scheduled.

Course overview

Donít let your project control you; be proactive in its monitoring and control. Use Earned Value in Project Management to promote effective project planning, monitoring, and control. Discover keys to identify potential cost and schedule overruns. Grasp the tools and techniques to compare actual work accomplished against baseline schedules and cost. Identify early warning indicators to gain greater insight into potential risk areas and prepare more accurate completion time and cost forecasts. Recognize what must be done to successfully implement and use Earned Value in your organization.



Prerequisites

  • Formal project management training such as that available in the Project Management Fundamentals (HC577S) course plus other core project management courses

Audience

  • This course is intended for project managers interested in best practices that apply to diverse projects in multiple industries. It is especially suited for people seeking project management certification
  • By successfully completing this course, the participant earns 14 educational contact hours or PDUs which may be applied to meet PMI® requirements for initial or continuing certification requirements

Course objectives

Learn how to:
  • Define Earned Value Management and its benefits
  • Define the components of a control system
  • Describe the principles of EVM
  • Define EVM data elements
  • Define the EVM analysis factors
  • Determine the applicability and practicality of using EVMS on a project

Next steps

  • Managing Project Quality (HE546S) or other advanced Project Management topics leading to recognition of your knowledge and skill by passing the Project Management certification appropriate to your country or region

Benefits to you

  • Define EVM and its benefits
  • Understand about EVM: whatís good, whatís bad and what it cannot provide
  • Learn to determine the appropriate deliverable level for applying EVM metrics
  • Learn to calculate Project Performance Indices
  • Understand the relevance of EVM in a project

Course outline

Module 1

  • Introduction

Module 2

  • EVM Overview

Module 3

  • Baselining the Project

Module 4

  • Measuring Progress

Module 5

  • Comparing and Analyzing

Module 6

  • Making Corrections

Module 7

  • Summary

HE539S - D.00
 
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