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(EVM) Earned Value Management Certification Training

Earned Value Management (EVM)

Master EVM for objective and quantitative measurement of project performance

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Prerequisites for the Earned Value Management Course

Prerequisites and Eligibility
Prerequisites and Eligibility
  • 450K+
    Career Transformations
  • 250+
    Workshops Every Month
  • 100+
    Countries and Counting

Highlights of Earned Value Management

Course Highlights

3 Hours of Live, Instructor-Led Sessions

Learn with Hands-On Exercises and Case Studies

Create a Performance Measurement Baseline (PVM)

Learn the concepts of Earned Value Analysis and Management

Have a Complete Understanding of EVM Data Points

Be Adept at Monitoring and Controlling Project Performance

Project performance measurement is critical to successful project management. Earned Value Management(EVM)helps to monitor the health and status of a project and hence is an integral part of project management. This workshop will help you fully integrate the principles and fundamentals of EVM in a simple and practical approach.

Risks are a part of any project, but if not contained it may result in cost and schedule overruns thus affecting the scope of the project. More than 70% of projects worldwide get into schedule delays and cost overrun and fail causing severe loss to the organization and the global economy. EVM techniques are widely-practiced across organizations to mitigate schedule and cost risks. Using EVM, project teams are able to create a measurable project baseline by estimating and quantifying the value of work to be achieved at different milestones of the project schedule. This provides them a proven technique for measuring actual work accomplished and actual money being spent by those milestones, and the ability for effective calculation of schedule and cost variances. This further enables them to make meaningful forecasts for the projects and programs. This is an important aspect of project management that helps project managers reduce risk and increase the chances of project success.

This workshop will help you go from basic to advanced concepts of EVM and understand how to use it to deliver successful projects. The experiential course includes industry case studies and practical work that will help you understand how EVM is used in real world situations. EVM experts can earn as high as $109,599 on an average. With projects getting more complex with increased chances of failure, this expertise will be in much demand the world over.

Why KnowledgeHut For Earned Value Management

The KnowledgeHut Advantage

Advanced Curriculum

Our courseware is always updated with the latest tech advancements to keep your skills relevant

Mentored by Industry Leaders

Learn from the best in the field. Our mentors are all experienced professionals

Hands-On Training

Learn theory backed by practical case studies, exercises, and coding practice

Instructor-Led Live Classes

Interact with instructors in real-time— listen, learn, question and apply

Advance From the Basics

Learn concepts from scratch, and advance your learning through step-by-step guidance

Continued Learning Support

Webinars, e-books, articles, and interview questions - we're right by you in your learning journey!

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Earned Value Management Course Curriculum

Curriculum

1. Introduction to Earned Value Management

Topics:

  • EVM – The origin
  • Relating EVM to Project Management
  • Basics of Earned Value Management
  • Learning the EVM Data Points (PV, EV, AC)

2. Managing projects using EVM

  • Project Planning:
    • Developing Work Break Down Structure (WBS)
    • Identification of Work Packages and Control Account Points
    • Estimation of Work Packages
    • Scheduling of Work Packages (Creating Project Schedule)
    • Determining and Establishing the Planned Value
    • Establish the Performance Measurement Baseline (PMB)
  • Project Monitoring:
    • Measuring actual work done (Earned Value) EV
    • Measuring Actual Costs incurred (Actual Costs) AC
    • Comparing EV and AC against PV
    • Calculating variances and performance indexes (SV, CV, SPI and CPI)
    • Making Forecasts (TCPI, EAC and ETC)
    • Re-baseline (if needed)

Who can attend the Earned Value Management Course

Who This Course Is For?
  • Project Manager
  • Program Manager
  • Portfolio Manager
Who Should Attend

Earned Value Management Course FAQs

Frequently Asked Questions
Learning Earned Value Management

1. Who is the target audience for this Earned Value Management course?

The idea audience for this course would be project, program and portfolio managers.

2. What are the prerequisites for learning Earned Value Management?

The attendees need to have some prior experience of planning of projects and programs.

3. Who issues the course completion certificate?

On successful completion of the course you will receive a course completion certificate issued by upGrad KnowledgeHut.

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