ProjectExperts Training

Modular Project Management
Advanced Enterprise Modules


13. Earned Value Management

Overview

.5 day

This module provides the background, prerequisites and procedures for Earned Value tracking, an industrial-strength essential method for tracking progress of very large projects. Earned Value is also very useful for tracking projects that earn payment for measurable progress.

dancer.gif (4144 bytes)Learning Objectives
bullet Describe the Earned-Value approach and terminology, and identify its purpose and strengths in project tracking.
bullet Identify and apply Earned Value Tracking formulas to determine project status.
bullet Explain the implications of cost and schedule variances. Forecast final cost and completion dates using Earned Value methods.
bullet Identify and satisfy the prerequisites for appropriate use of Earned Value Management, including timing issues and accuracy of information.
bullet Identify alternative ways to use the Earned Value Management approach, when all the needed prerequisite information is not available.

This module is for Program and Project Managers, Project Management Office Staff, and Team Leaders who need to know how to apply this superior method of tracking project progress. Managers who are interested in improving PM Performance should attend with your Project Managers. The difference between the half-day and full-day versions is the number and times spent in relevant exercises.

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