Become Earned Value Management (EVM) Expert
4.4 (3 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
14 students enrolled

Become Earned Value Management (EVM) Expert

You will gain a mastery of the earned value management in a short time
4.4 (3 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
14 students enrolled
Created by Maxwell Owolade
Last updated 12/2019
English
English [Auto-generated]
Current price: $12.99 Original price: $19.99 Discount: 35% off
3 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 2 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
Training 5 or more people?

Get your team access to 4,000+ top Udemy courses anytime, anywhere.

Try Udemy for Business
What you'll learn
  • Students will become proficient in Earned Value Management (EVM)
  • Student will be able to identify all the parameter for necessary to calculate Earned Value Management (EVM)
  • Student will be able to calculate and interpret Earned Value Management (EVM) results
  • Students will be able to explain to project stakeholders in their project reports the status of the project based on EVM results
Requirements
  • Students will be able to understand Earned Value Management if they can relate to Project Cost Control
  • Course content has been designed with students preparing for project management certification in mind
Description

Every experienced project manager strives to have a good control over their project schedule and budget.

The goal is to manage it effectively so that situation does not spiral out of control.

Earned Value Management (EVM) has proved to be a very efficient and effective tool that is consistent in providing better results that reveal “enchanted” qualities in these project managers.

EVM helps in tracking project performance and its forecasting capabilities has proved reliable in mitigating foreseeable risks. In this video course, you will master all the building blocks to determining EVM and not only can calculate all the details, but also interpret the data and prepare a precise periodic project report.

In this video, the Instructor explained the 12 steps to developing a concise schedule to prepare a correct project schedule.


LEARNING OUTCOMES

· Over 20 lectures and 85 minutes of valuable content!

· You will understand all the EVM building blocks; definitions, formula and meanings

· You will master the 5 steps to determining EVM from end to end

· You will learn the steps to determining variances and performance indices

· You will become adept at preparing an accurate project performance report

· You will also be able to calculate and interpret TCPI and Burn Rate

· This course is also suited for those that want to become EVM Experts because regulation requirements

· This course content has been designed with students preparing for project management certification exam in mind

· Practical assignments run through the course that will fully engage you throughout the duration

· Practical learning experience with live project work and examples.

Who this course is for:
  • This course targets project management experts from new to experienced, who are desiring to become adept at effectively managing their project successfully
  • This course is best suited for those that want to become EVM Experts and add value
Course content
Expand all 25 lectures 01:49:23
+ Introduction to Earned Value Management (EVM)
1 lecture 01:54

This is a general introduction of the course and the instructor.

My name is Maxwell Owolade, with more than 15 years working in IT, Project Management, teaching and writing in various capacities.

During same period I have enjoyed the privilege of preparing candidates for professional certifications like CompTIA: Project+, Project Management Professional (PMP) & CISSP to name a few. Passion for teaching Project Management, IT, IT Security, Business Analysis, Math & Physics. Few of my hobbies includes teaching and reading Physics, Math, Economics, Bible History & Cooking

Preview 01:54
+ Steps to Determining Earned Value Management (EVM)
6 lectures 27:21
5 Steps to Determining Earned Value Management (EVM)
03:29

Students will learn the meaning of the following EVM parameters

  1. BAC

  2. PV

  3. EV

  4. AC

Step 1 - Determining the 4 Building Blocks
03:20
Step 2 - Determine the Variances
05:25
Step 3 - Determine the Performance Indices
05:15
Step 4 - Forecasting and Variance Analyses
05:26
Step 5 - Analyze and Interpret the Results
04:26
+ Where Earned Value Management (EVM) Can Adopted For Use?
2 lectures 04:35
Where Can I Use EVM Tools?
02:00
How You Can Become Earned Value Management (EVM) Expert
02:35
+ First Case Study Analysis: 20 Miles of Sidewalk Construction
5 lectures 22:41
Case Study 1 - Step 1 Determine the Building EVM Blocks
03:36
Case Study 1 - Step 2 Determine the Variances
03:05
Case Study 1 - Step 3 Determine the Performance Indices
02:36
Case Study 1 - Step 4 Forecasting and Variance Analyses
06:00
Case Study 1 - Step 5 Analyze and Interpret the Results
07:24
+ Second Case Study Analysis: Software Development Project
5 lectures 21:36
Case Study 2 - Step 1 Determine the Building Blocks
04:15
Case Study 2 - Step 2 Determine the Variances
01:56
Case Study 2 - Step 3 Determine the Performance Indices
02:31
Case Study 2 - Step 4 - TCPI Burn Rate Forecasting & Variances
04:32
Case Study 2 - Step 5 Analyze and Interpret EVM Results
08:22
+ Additional Useful Nuggets Relating to Earned Value Management (EVM)
4 lectures 21:47
Different Ways of Determining EVM
04:43
12 Steps to Accurate EVM Using Scheduling Software
07:12
The Rule of Thumb
05:07
Project Manager Take Way From this Course
04:45