This course teaches you the fundamentals of EVM so you can understand how to establish an effective project baseline and monitor project progress against known expectations.
Learn how EVM is integrated throughout the project life cycle. Practice the activities you go through to establish an effective baseline. Identify the critical data points that must be collected to analyze project progress. Learn to conduct trend analysis, calculate actual cost, and accurately project final cost, schedule, and performance variances. Understand how change impacts EVM and how approved changes can impact your original baseline. Identify the stakeholders who would benefit from EVM data and learn effective communication methods. Finally, review the differences of EVM in a corporate and federal environment.
Students pursuing a university-recognized and/or accredited certificate in Canada or continuing education units in the US must attend at least 90% of class time, participate in class exercises and section-knowledge checks, and score at least 70% on an end-of-class, multiple-choice assessment.
- Why EVM is important
- Establishing and managing scope, schedule, and budget
- Creating a reasonable baseline
- Integrating project planning and EVM
- Monitoring and controlling the baseline
- Monitoring and controlling scope, schedule, and cost
- Collecting and analyzing data
- Forecasting final variances
- Managing change and the impact to EVM
- The difference between EVM in corporations and in the federal environment
- Identify contract negotiation parameters
- Create milestones and a performance measurement baseline
- Measure progress
- End-of-project reporting with scope changes
- Scope analysis: prepare a work breakdown structure
- Create a project schedule
- Create CAPs for the project and prepare a budget estimate
- Complete an earned value baseline
- Monitor project performance
- Prepare a status report
Who Can Benefit
Project managers, IT project managers, project coordinators, project analysts, project leaders, senior project managers, team leaders, product managers, and program managers.
Project Management Fundamentals, IT Project Management, or Applied Project Management Boot Camp