Earned value management is a set of project management best practices. Simply it is a project management methodology that facilitates an objective measurement for the project performance. EVM helps in measuring the project progress, project status, project trend and project forecast.
In this 3-day workshop, participants will be introduced to the EVP concepts and how to implement the EVM as the most effective and the efficient approach for project controls and performance measurement and management.
Participants will experience creating an earned value management baseline, determining earned value from project status, calculating earned value management indices, and estimating final costs and completion date.
The workshop includes the new earned schedule method to improve schedule prediction. This workshop covers all the essential knowledge needed to apply earned value management to your projects. When completed, the participants will understand the role of control account managers (CAM), and how to determine where to place control accounts within projects. Participants will also experience how earned value data analysis provides insight into cost and schedule performance.
The AACEI (Association of Advancement for Cost Engineering International) Earned Value Professional certification (EVP) is the only industry recognized professional certification for career minded earned value management professionals. This workshop will prepare the participants for all four sections of the AACEI day long (EVP) exam. The workshop also includes a sample of (EVP) exam questions involving analysis of EVM data.