Introduction to Earned Value Management Course

Is it right for me?

Project managers or business managers who are considering implementing Earned Value Management and work package managers who are asked to report using Earned Value.

This course provides the participants with an overview of Earned Value Management, its implementation and use.

What will I get out of it?

By the end of the course delegates will be able to:

• Describe the Earned Value Management principles
• State principles for organising and planning a programme to use Earned Value Management
• Use Earned Value Management parameters to monitor and control schedule and financial progress

What does it cover?

The course consists of interactive sessions and practical exercises covering the following topics:

The need for EVM

• Why programmes fail
• The need to understand actual financial and schedule progress
• Limitations of common monitoring techniques

What is EVM

• The basic principles of EVM
• The EVMS criteria

Organising and planning

• EVM constraints on programme organisation
• Earned value measuring techniques
• Planning an EVM programme
• EVM and sub-contracting

Monitoring and reporting with EVM

• Using BCWS, BCWP and ACWP
• Cost and schedule performance indices
• Producing estimate at complete and completion forecasts with EVM
• To complete performance
• Incorporating change