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What you'll learn?
- Understand the basic terminology & concepts of Earned Value Management
- Understand Use of EVM
- Understand the requirements for application EVM
- Apply EVM technique for Project Forecasting
Course Overview
This course is prepared to introduce Earned Value Management concept to any project professional who wants to understand, learn or practice EVM. The course is based on more than 20 lectures and typically covers the following topics:
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Use of EVM
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Basics of EVM
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Performance Management Baseline-PMB
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Project WBS
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Time Phasing of Project Budget
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Planned Value-PV,Budget at Completion-BAC ,
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Actual Cost-AC,Earned Value-EV
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Schedule Variance-SV, Schedule Performance Index-SPI
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Cost Variance-CV, Cost Performance Index-CPI
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Estimate to Complete, Estimate At Completion, Variance At Completion
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To Complete Performance Index-TCPI
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Earned Value Reports- Tables & S-Curves
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Reading EVM Reports
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Sample Exercises
Course has been prepared keeping in view the Practice Standard for Earned Value Management by Project Management Institute (PMI) .
Whether you are a project manager, construction manager, project planner, project control professional or a novice engineer , this course will make your journey of understanding and practicing EVM easy.
Pre-requisites
- Basic Knowledge of Project Management
- Basic Understanding of Project Cost Control
Target Audience
- Project Manager
- Cost Engineer
- Project Controller
- Planning Engineer
- Cost Controller
Curriculum 23 Lectures 01:28:59
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Section 1 : Introduction
- Lecture 2 :
- Introduction to the Course
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Section 2 : EVM Benefits
- Lecture 1 :
- Why Earned Value Management?
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Section 3 : Basic Requirements of EVM
- Lecture 1 :
- Basic Requirements of performing EVM
- Lecture 2 :
- Setting Up Project Performance Baseline
- Lecture 3 :
- Project Work Breakdown Structure (WBS)
- Lecture 4 :
- Project Time Schedule
- Lecture 5 :
- Time-phased Project Costs
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Section 4 : EVM-Input Elements
- Lecture 1 :
- Budget At Completion (BAC) & Planned Value (PV)
- Lecture 2 :
- Earned Value (EV) & Actual Cost (AC)
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Section 5 : EVM-Output Elements
- Lecture 1 :
- EVM-Schedule Related Analysis & Outputs
- Lecture 2 :
- EVM-Cost Related Analysis & Outputs
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Section 6 : EVM-Forecast Elements
- Lecture 1 :
- Estimate at Completion (EAC)
- Lecture 2 :
- Estimate to Complete (ETC)
- Lecture 3 :
- Variance at Completion (VAC)
- Lecture 4 :
- To Complete Performance Index (TCPI)
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Section 7 : Reporting & Communicating EVM Results
- Lecture 1 :
- Communicating EVM Results
- Lecture 2 :
- S-Curves in EVM Reports
- Lecture 3 :
- S-Curve Example
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Section 8 : EVM Exercises
- Lecture 1 :
- EVM Exercise 1
- Lecture 2 :
- EVM Exercise 2
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Section 9 : Course Recap
- Lecture 1 :
- Recap & Conclusion
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Section 10 : Test Your EVM Knowledge
- Lecture 1 :
- TEST your EVM Concepts
Our learners work at
Frequently Asked Questions
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How do i access the course after purchase?
It's simple. When you sign up, you'll immediately have unlimited viewing of thousands of expert courses, paths to guide your learning, tools to measure your skills and hands-on resources like exercise files. There’s no limit on what you can learn and you can cancel at any time. -
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Yes. All of the courses comes with online video based lectures created by certified instructors. Instructors have crafted these courses with a blend of high quality interactive videos, lectures, quizzes & real world projects to give you an indepth knowledge about the topic. -
Can i play & pause the course as per my convenience?
Yes absolutely & thats one of the advantage of self-paced courses. You can anytime pause or resume the course & come back & forth from one lecture to another lecture, play the videos mulitple times & so on. -
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