Earned Value Management

This two day workshop describes the project controls that can be applied to projects with a strong focus on Earned Value Management (EVM), and is delivered by a Project Controls expert with many years of experience applying project controls and EVM to major projects. EVM is a project management technique for measuring project progress in an objective manner. EVM has the ability to combine measurements of scope, schedule and cost in single integrated system.

This course presumes that participants:
• Can define projects and project management
• Are familiar with the basics of project planning and
scheduling
• Know how to complete a Statement of Work and/or a
project charter
• It is likely that participants have a knowledge of Project
Management methodology

Modules include:
• Introduction and Overview of EVM
• Earned Schedule
• Comparing Committed Cost Management Systems and
EVM Systems
• Standards and other supporting literature
• Steps for setting up an EVM System under AS4817

Further Details

At the end of this workshop, you will be able to:
• Define the principles of EVM
• Understand the history and background to EVM
• Identify how EVM can be used to effectively obtain
control over your projects
• Identify the benefits and limitations of using EVM
• Have an overview of current standards in EVM
• Provide you with practical advice and examples of
creating, running and reporting using an EVM system
• Understand the different types of EVM reporting
• Identify the pitfalls of EVM and how to avoid them
• Review other project controls – Earned Schedule,
Committed Cost Management Systems, and Critical Path
methodology

This Training Course is offered "in house" at the following locations:

London E
London EC

Guide Price: £350

Delivery: In house
Category: Project Management
Duration: two days
Qualification: none