Making Decisions Using Earned Value

Register Now Click class session below to register Classes & Locations Washington, DC 10/12/2010-10/13/2010: (10610205) 11/30/2010-12/1/2010: (10610206) Vienna, VA 5/12/2011-5/13/2011: (11610203) 12/5/2011-12/6/2011: (11610207) Washington, DC 2/10/2011-2/11/2011: (11610201) 4/4/2011-4/5/2011: (11610202) 6/23/2011-6/24/2011: (11610204) 8/15/2011-8/16/2011: (11610205) 10/11/2011-10/12/2011: (11610206) Course Details PRICE:  $1075.00 LENGTH:   2 days FORMAT:  Presentation, class exercises, and case studies LEVEL:  Intermediate FIELD OF STUDY:  Management CPE CREDITS:  16 PDU CREDITS:  14

Assume Control of Your Projects!

Show them the numbers: Learn to not only capture data on your project status, but more importantly to interpret the meaning behind those numbers. Discover keys to identify potential cost and schedule overruns. Grasp the tools and techniques required to compare actual work accomplished against baseline schedules and cost. Identify early warning indicators to gain greater insight into potential risk areas and prepare more accurate completion time and cost forecasts. Recognize what must be done to successfully implement and use earned value management in your organization.

LEARN HOW TO:

• Define key concepts of earned value management (EVM)
• List the considerations needed to implement EVM effectively
• Create and evaluate a performance measurement baseline (PMB) from plan components
• Measure project performance using EVM metrics
• Compare planned project performance with actual performance results
• Calculate cost and schedule variances and indexes and use them to monitor project performance
• Use EVM data to forecast budget and schedule completion
• Create a status report based on objective EVM metrics
• Analyze EVM data to make project decisions and determine corrective measures

COURSE TOPICS INCLUDE:

• Key concepts of earned value management (EVM)
• Implementing EVM
• Planning the project’s baseline
• Executing the plan -— measure and compare
• Controlling by analysis and corrective action
• Using Earned Value information to make project decisions

RECOMMENDED PRIOR COURSE:

• Project Management Principles

Participants will receive A Practical Guide to Earned Value Project Management, Second Edition, by Charles Budd and Charlene Budd.