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PMP Prep: Earned Value Management (EVM)
Rating: 4.2 out of 5(135 ratings)
1,849 students

PMP Prep: Earned Value Management (EVM)

Authorized Training Instructor for PMI with 20 years of experience and passion for teaching
Created byTasneem Dhoondia
Last updated 5/2024
English

What you'll learn

  • Use EVM as a cost performance measurement technique on project
  • Calculate cost and schedule efficiency of the proejct
  • Forecast expected cost efficiency for the remaining project
  • Calculate revised cost baseline as required

Course content

1 section • 5 lectures • 1h 0m total length

  • Introduction to EVM14:26
  • Basic Terms of EVM15:18
  • 4 Project Health Parameters10:57

    Explore earned value management concepts, including CV, CPI, SV, and SPI, and interpret PV, EV, and AC to assess project budget and schedule performance in real scenarios.

  • Forecasting for remaining work of project8:39

    Forecast the remaining work by analyzing the remaining budget with the estimate to complete (ETC) and CPI to plan cost-efficient project completion.

  • Revised Cost Baseline EAC11:20

Requirements

  • None

Description

Clear the PMP® exam with ‘Above Target’ in all domains.

This course is to help all PMP® aspirants who are preparing for the coveted exam. This course is one of the courses in the series of our free courses on important topics from the PMP® examination perspective. We have covered various aspects of the PMP® examination relevant topics in different courses. They all will help you ace the important topics and become confident about your exam. The topics are aligned to the new PMP® examination introduced in January, 2021.

PMP® examination is one of most popular exams in the world that tests candidates in various topics related to all different knowledge domains related to project management. It is must for project managers to enhance their expertise as well as to advance their career to the next level.

Earned Value Management (EVM) is a brilliant technique to evaluate your project health at various check points in terms of cost and schedule. This technique is amazingly practically relatable and it is not helpful for exam but it is also helpful in improving our cost efficiency in projects at work and even at home.

Happy learning and good luck to all!

PMP, PMI, PMBOK, CAPM, ACP, PBA, RMP, are registered marks of the Project Management Institute, Inc.

Photo Credit for landing page; Photo by Tima Miroshnichenko

Who this course is for:

  • PMP examination aspirants
  • Experienced project managers/managers
  • Project management enthusiasts

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