Earned Value Management — A 1 day course
Knowing how much the project has achieved and spent compared to the plan is vital for effective decision taking.
Earned Value gives a clear picture of current status and quickly highlights the areas that need management attention.
This 1 day Earned Value Course explores how to implement effective earned value management and uses simulations, case studies and exercises to explain earned value in everyday terms.
By the end of the course, delegates will:
- Be able to explain why earned value analysis is used
- Be able to explain planning structures for schedule, costs and organisation
- Be able to explain the principles and practicalities of rolling wave planning
- Be able to describe how to measure progress & cost against plan and produce performance metrics
- Be able to describe status reviews relevant to earned value analysis
- Be able to state the benefits and costs of earned value analysis
- Be able to explain how change in a project plan is managed
This course is suitable for individuals interested in using earned value analysis to assist them in delivering more successful projects, beyond the APMP qualification level.
Publicly scheduled dates, locations, and prices
A schedule of dates for this subject is not currently available. Please call 0333 210 0140 or use our contact form to enquire about places and availability.
An opportunity to familiarise delegates with the course content and desired outcomes
Overview of earned value management
In this session delegates consider the purpose of Earned Value
What is earned value management?
An overview of earned value management and what it measures
Prerequisites for earned value management
Delegates will consider what is required to make earned value management work including structured schedules, measuring progress and collecting costs
Calculating earned value
In this session delegates will learn how to determine planned cost, earned value and actual cost
Calculating performance metrics and forecasting
Consideration is given to the use of Earned Value to determine schedule performance and cost performance
Earned value interpretation
This session provides the opportunity to fully understand how earned value can be used to establish the status of a project both in terms of cost and schedule
Establishing a baseline
The importance of establishing robust baselines is considered
Delegates will look at how to manage change. This includes consideration of responsibilities, processes and the impact on earned value measures
Personal action planning
Finally delegates will be given the opportunity to consider how they will take forward learning points from the course