Course Details

Earned Value Management Course (Online)

Earned Value Management is a methodology that combines a project’s scope, schedule, and resource measurements to assess project performance and progress. This is a leading practice in measuring performance and controlling projects.

The Earned Value Management course teaches participants the necessary skills to use Earned Value principles and calculations on projects to develop quantitative performance data to control projects and make informed decisions about the project. Participants will learn how to track past performance and forecast project schedule and cost outcomes. The results will aid participants in deciding when corrective actions are required to keep their projects on track.

COURSE PREREQUISITES:

  • Although it is not an absolute prerequisite, some basic knowledge and experience in the following Project Management Areas is required to make most of the course:
    • Developing Scope, Defining Risks, and Procurement Management
    • Decomposing project scope into a Work Breakdown Structure
    • Developing a project schedule and resource load activities.
  • Some exposure to project progress measurement and earned value management will be beneficial.
  • The course involves many calculations. It is recommended that attendees have at least secondary/high school-level mathematics.
COURSE DURATION

This online-based course runs over 5 weeks.

Modules are performed at own pace but are to be completed by a predefined date and time. Each module is concluded via a weekly virtual contact session of no more than two hours.

COURSE SYLLABUS
  • EVM Metrics
  • EVM Theory
  • Establishing an EVM System
  • EVM Process
  • Descriptive EVM
  • Predictive EVM
  • Contracting for EVM
  • Scheduling for EVM
  • Reporting for EVM
PRICE

R3,936.00

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

Participants can calculate project schedule and cost variance and address unfavorable performance areas.

Participants can forecast project outcomes scientifically.

Participants can establish an Earned Value Management System for the organisation.

Participants receive full exposure and understanding of Earned Value and Earned Schedule.

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Course Format

The course consists of 10 modules. Each of the ten e-learning modules facilitates a self-study opportunity. Some modules include assignments to be submitted to the facilitator.

The course facilitator is available to address questions on these assignments between virtual class sessions via email correspondence. Individual, confidential feedback is provided per submitted assignment. Each module is concluded with a virtual contact session via Microsoft Teams to discuss general questions and for the facilitator to provide consolidated feedback from the assignments.

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

Participants completing the course successfully receives a certificate of completion.

Who Should Attend This Course

  • Program Managers
  • PMO Managers and Personnel
  • Project Managers
  • Project Controls Managers
  • Project Engineers
  • Project Planners
  • Schedulers
  • Estimators
  • Quantity Surveyors
  • Cost Controllers
  • Finance Managers
  • Managers responsible for Projects
  • Any person that performs Earned Value Management on projects and wish to know more about it.

Included

Participants will receive the following items on the course:

  • Downloadable course workbook.
  • Downloadable course assignments.
  • Earned Value Management Reference Sheet.
  • A certificate of completion.

Who Should Attend This Course

  • Program Managers
  • PMO Managers and Personnel
  • Project Managers
  • Project Controls Managers
  • Project Engineers
  • Project Planners
  • Schedulers
  • Estimators
  • Quantity Surveyors
  • Cost Controllers
  • Finance Managers
  • Managers responsible for Projects
  • Any person that performs Earned Value Management on projects and wish to know more about it.

Included

Participants will receive the following items on the course:

  • Downloadable course workbook.
  • Downloadable course assignments.
  • Earned Value Management Reference Sheet.
  • A certificate of completion.

Course Objectives

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