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The Comprehensive Guide to Earned Value Management
Rating: 4.1 out of 5(82 ratings)
1,124 students

The Comprehensive Guide to Earned Value Management

Learn What is Earned Value Management, How Implement an Earned Value Management System and Do Earned Value Analysis.
Created byGerhard Badenhorst
Last updated 10/2019
English

What you'll learn

  • Adequately define and describe Earned Value Management
  • How to Calculate the Metrics used in Earned Value Analysis
  • How to Interpret the Metrics used in Earned Value Analysis
  • Know the Key Components of Earned Value Management System
  • Know the Steps involved in the Project Control Cycle
  • How to Implement an Earned Value Management System on any project

Course content

7 sections • 19 lectures • 2h 33m total length

  • Lets Go!2:06

    In Lecture 1 we will go trough the course content to provide an overview of what we will cover.

  • About Me3:55

    I tell you about myself and my experience in the field of project management, specifically in earned value management.

Requirements

  • There are no prerequisites for this course, however having worked in a project environment would be of benefit.
  • Willingness to learn
  • Acknowledgement that we all start somewhere
  • Can-do attitude to finish the course

Description

The project environment is an ever changing and exiting place to be. Project Managers help shape the physical world we live in and contribute substantially the success of organisations and government institutions.

The project landscape is changing with even more demands being placed on the project manager to deliver the project goals and objectives on time and on budget. Traditional methods of monitoring and controlling the project cost and schedule baselines are outdated and just does not have the desired impact in increasing the certainty of a project meeting its objectives.

It is for this reason that we employ the concept of earned value management. EVM arms the project manager with an industry recognised tried-and-tested tool to help monitor project progress. Through EVA the project manager can identify project issues early and continuously make take corrective actions to ensure the project stays on goal. Project teams are also able to understand the extent f the issue with access to earned value performance data.

Earned value will allow the project team to answer the following questions:

  • How much work did we plan to do?
  • How much work got done?
  • How much did the completed work cost?
  • What was the total job supposed to cost?
  • What do we now expect the total job to cost?

Being able to answer these questions would put you in a position of power. These questions may seem basic, but most team members do not have the answers.

If you are:

  • New to project management
  • An experienced project professional and would like to complement your knowledge with earned value
  • A project manager with the responsibility of delivering the project goals and objectives
  • Planning a project in your personal life, like an extension to your home

Then this course is just for you!

My course will:

  • Help you Make Sense of Earned Value Management
  • Help you Understand How We Use Earned Value Management
  • Enable you to Implement an Earned Value Management System
  • Allow you to Apply Earned Value Analysis on Any project.

So why not get the edge over your fellow project team members and potentially increase your earning by learning Earned Value Management

CLICK ENROL NOW!

Who this course is for:

  • This is an Overview Course about Earned Value Management; designed specifically for Project Managers and Project Team Members that are tasked with monitoring and reporting of project performance in either a client, contractor or consultant capacity.

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