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Earned Value Management and Program Performance

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SKU:
PMEVM1

 

Project Management training classes can
be conducted in a traditional classroom or
a virtual classroom.

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Course Description

Earned Value Management and Program Performance
Two-Day Seminar Program Number: PMEVM1 PDUs: 12

 

Course Objectives:

The participants will gain a clear understanding of Earned Value principles and methods.

Learn about:

  • Understanding what Earned Value means
  • Understanding the history and rationale of Earned Value Reporting
  • Using the DBS and WBS to capture and report Earned Value information
  • Using Earned value methodology to predict project performance
  • Learning how to avoid including information in the WBS which distorts Earned Value calculations
  • Understanding the use of multiple cost account codes for Earned Value reporting
  • Understanding the fornula & use of Schedule Variance(SV) and Cost Variance(CV)
  • Understanding the use and calulation of Schedule Performance Index(SPI) and Cost Performance Index(CPI)
  • Understanding the use of Estimate At Complete(EAC) and Estimate To Complete(ETC)
  • Understanding of the PMI Earned Value Management(EVM) Standard
  • Understanding of the Electronic Industries Alliance(EIA) Standard-748
  • Understanding EVM reporting

1.0 Introduction

2.0 Overview of Earned Value Methodology

3.0 Comparision of Earned Value Methodology to Traditional Project Tracking

4.0 History of use Earned Value Methodology

5.0 Scope Management Using Earned Value Management

6.0 Schedule and Budget

7.0 Data that must be Captured to use Earned Value

8.0 Measuring and Predicting

9.0 Earned Value Reporting

10.0 Avoding Common Pitfalls

11.0 EIA Standard - 748

 

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