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Earned Value   

Explore how to collect and report on project status with the Earned Value Management System.

Competencies:
  • Prepare a proper work breakdown structure (WBS) in order to effectively apply EVM method
  • Apply EVM tools and techniquest o control, forecast and manage projects
  • Calculate variances and performance indexes to determine project status on budget and schedule

The most common and powerful tool for the collection of information on and reporting of project status is the Earned Value Management System. This system integrates both cost and schedule to provide accurate tracking of project tasks. Learn to track performance by collecting information and measuring project status against a predetermined baseline. Practice techniques for creating and monitoring results to achieve positive project outcomes.

Prerequisite:
  • Principles of Project Management or equivalent knowledge
 
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