Earned Value Management Training Course

Course Details

Earned Value Management Training Course

The Earned Value Management course teaches delegates the necessary skills to use Earned Value principles on their projects to develop quantitative performance data for project decision-making. Delegates will learn how to track past performance and the necessary tools to forecast a projects final cost and end date. These results will aid delegates in deciding when corrective actions are required to keep their project on track.

The Earned Value Management course teaches delegates the necessary skills to use Earned Value principles on their projects to develop quantitative performance data for project decision-making. Delegates will learn how to track past performance and the necessary tools to forecast a projects final cost and end date. These results will aid delegates in deciding when corrective actions are required to keep their project on track.

COURSE DURATION

This classroom-based course runs over 2 days.

COURSE SYLLABUS

The topics covered in this course are as follows:

  • Introduction to Earned Value Management
  • Basic Earned Value Management metrices (BAC, SAC, PV, EV, AC)
  • The Basic Earned Value Method
  • Setup for Earned Value Management
  • Earned Value
  • Earned Value Management
  • Earned Value Management System
  • Organizing for Earned Value Management
    • Work Breakdowns Structures, Project Budgets, Estimate Components
    • Organizations
    • Responsibility Assignment Matrix
    • Work Authorization
  • The Earned Value Process
  • Project Progress Calculations
  • Schedule Variance
  • Cost Variance
  • Schedule Performance Index
  • Cost Performance Index
  • Baseline Work % Complete
  • Baseline Schedule % Complete
  • Physical % Complete
  • Project Forecasting
  • Estimate at Completion
  • Estimate to Complete
  • Variance at Completion
  • To Complete Performance Index
  • Schedule Forecasting
  • S-curve & Reserves
  • Productivity
  • Contracting for Earned Value Management
  • Schedule
  • Contingency and Management Reserve
  • Critical Path Analysis
  • Earned Value Reporting
  • Earned Schedule
PRICE

R6,560.00

Dates

Clear

Corporate Training

Custom dates can be provided to corporates with more than 8 delegates.

Enquire about our courses

We will answer all your questions regarding our training courses

Course Benefits

Delegates will be able to calculate the necessary variances and indices to make necessary decisions to get things back on track.

Delegates will be able to conduct forecasting in a scientific way.

The course provides tools to track progress actively and objectively quantitatively.

The delegates receive full exposure and understanding of Earned Value and Earned Schedule.

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Course Format

The course is practical and knowledge-based, it covers the material in the AACE® International Earned Value Management Professional certification.

The course introduces all the earned value principles, requirements, and calculations systematically. All aspects are dealt with theoretically and supported by examples and extensive in-class practical exercises. Delegates complete all exercises individually and are supported by the course facilitator.

Upon successful completion of the course delegates receive a Certificate of Attendance.

Who Should Attend This Course

Delegates who are:

  • Project Managers
  • Project Engineers
  • Project Planners
  • Project Schedulers
  • Project Cost Engineers
  • Project Accountants
  • Quantity Surveyors
  • Project Controllers
  • Project Control Managers
  • Project Administrators
  • PMO Managers

Included

Delegates will receive the following items on the course:

  • Course manual including the course presentation
  • Course Workbook with all the exercises
  • Earned Value Management Quick Reference guide
  • Earned Value checklist, Earned Value Measurement Techniques Handout, Earned Value Terms Handout, Earned Schedule calculations handout
  • Notebook and pen
  • A Certificate of Attendance on successful completion
  • Light breakfast, lunch, & refreshments

Who Should Attend This Course

Delegates who are:

  • Project Managers
  • Project Engineers
  • Project Planners
  • Project Schedulers
  • Project Cost Engineers
  • Project Accountants
  • Quantity Surveyors
  • Project Controllers
  • Project Control Managers
  • Project Administrators
  • PMO Managers

Included

Delegates will receive the following items on the course:

  • Course manual including the course presentation
  • Course Workbook with all the exercises
  • Earned Value Management Quick Reference guide
  • Earned Value checklist, Earned Value Measurement Techniques Handout, Earned Value Terms Handout, Earned Schedule calculations handout
  • Notebook and pen
  • A Certificate of Attendance on successful completion
  • Light breakfast, lunch, & refreshments

Course Objectives

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