Introduction to Earned Value | Live Instructor Led Class

Project Management Experts, LLC
Training overview
Professional Course
Classroom, On-site, Virtual Classroom
1 day
From 495 USD
Start dates
Online
495 USD
Inquire to https://projectmanagementexperts.com/ to book this class

Online
495 USD
Inquire to https://projectmanagementexperts.com/ to book this class

Washington D.C.
495 USD
Inquire to https://projectmanagementexperts.com/ to book this class

Course description

Introduction to Earned Value

The objective of Introduction to Earned Value Management is to introduce the students to basic earned value concepts and to recognize how to manage and report against the metrics that are produced. Using a lecture and exercise format, the students will learn earned value following the foundation provided in the Guide to the Project Manag ement Body of Knowledge MBOK® Guide) established by the Project Management Institute (PMI). Students will then follow a case study through planning, executing and monitoring and controlling to report earned value metrics and present the impact on the cost of completing the project.

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Training content

Introduction

Project Life Cycle

Project Management Process Overview

Project Integration Management

  • Develop Project Charter
  • Develop Project Management Plan
  • Develop and Manage Project Work
  • Monitor and Control Project Work
  • Perform Integrated Change Control
  • Close Project or Phase

Developing the Schedule Baseline

Project Cost Management

  • Project Cost Management and Its Components
  • Cost Management Plan
  • Cost Estimating
  • Cost Budgeting

Exercise 1: Estimating and Budgeting -Creating the Cost Baseline

  • Cost Control

Exercise 2: 1st Execution Cycle Exercise 3: 2nd Execution Cycle Exercise 4: Final Status Report

Certification / Credits

  • Introduce basic earned value concepts and to recognize how to manage and report against metrics
  • Use metrics to forecast cost and schedule status.
  • Discuss the importance of developing solid scope, schedule and cost baseline.
  • Demonstrate concepts via case study and exercises

Why choose PME?

Over 300 instructor-led and online course offerings in project management, leadership, and business management

Courses taught by experienced practitioners

Leading provider of project management and agile certifications

About PME

Project Management Experts, LLC

Project Management Experts (PME) is just that, a consortium of project management experts with at least 20 years of experience who have re-directed their careers to improving the project management competency of our clients. Our training classes focus on building...


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