Earned Value Management For Beginners

Learn Theory & Practice of Earned Value Management

Created by : Rated :4.4 1284 views

Last Updated: 2022-04-27 09:04:41 English Course Type: Self Learning

Understand the basic terminology & concepts of Earned Value Management
Understand Use of EVM
Understand the requirements for application EVM
Apply EVM technique for Project Forecasting

This course is prepared to introduce Earned Value Management concept to any project professional who wants to understand, learn or practice EVM. The course is based on more than 20 lectures and typically covers the following topics:

Use of EVM
Basics of EVM
Performance Management Baseline-PMB
Project WBS
Time Phasing of Project Budget
Planned Value-PV,Budget at Completion-BAC ,
Actual Cost-AC,Earned Value-EV
Schedule Variance-SV, Schedule Performance Index-SPI
Cost Variance-CV, Cost Performance Index-CPI
Estimate to Complete, Estimate At Completion, Variance At Completion
To Complete Performance Index-TCPI
Earned Value Reports- Tables & S-Curves
Reading EVM Reports
Sample Exercises

Course has been prepared keeping in view the Practice Standard for Earned Value Management by Project Management Institute (PMI) .

Whether you are a project manager, construction manager, project planner, project control professional or a novice engineer , this course will make your journey of understanding and practicing EVM easy.

Basic Knowledge of Project Management
Basic Understanding of Project Cost Control

Project Manager
Cost Engineer
Project Controller
Planning Engineer
Cost Controller

Section 1 : Introduction 2 Lectures 00:04:59
Lecture 1 :
Course Promo Preview
Lecture 2 :
Introduction to the Course
Section 2 : EVM Benefits 1 Lectures 00:02:12
Lecture 1 :
Why Earned Value Management?
Section 3 : Basic Requirements of EVM 5 Lectures 00:09:24
Lecture 1 :
Basic Requirements of performing EVM
Lecture 2 :
Setting Up Project Performance Baseline
Lecture 3 :
Project Work Breakdown Structure (WBS)
Lecture 4 :
Project Time Schedule
Lecture 5 :
Time-phased Project Costs
Section 4 : EVM-Input Elements 2 Lectures 00:00:00
Lecture 1 :
Budget At Completion (BAC) & Planned Value (PV)
Lecture 2 :
Earned Value (EV) & Actual Cost (AC)
Section 5 : EVM-Output Elements 2 Lectures 00:12:24
Lecture 1 :
EVM-Schedule Related Analysis & Outputs
Lecture 2 :
EVM-Cost Related Analysis & Outputs
Section 6 : EVM-Forecast Elements 4 Lectures 00:17:25
Lecture 1 :
Estimate at Completion (EAC)
Lecture 2 :
Estimate to Complete (ETC)
Lecture 3 :
Variance at Completion (VAC)
Lecture 4 :
To Complete Performance Index (TCPI)
Section 7 : Reporting & Communicating EVM Results 3 Lectures 00:17:21
Lecture 1 :
Communicating EVM Results
Lecture 2 :
S-Curves in EVM Reports
Lecture 3 :
S-Curve Example
Section 8 : EVM Exercises 2 Lectures 00:21:17
Lecture 1 :
EVM Exercise 1
Lecture 2 :
EVM Exercise 2
Section 9 : Course Recap 1 Lectures 00:03:57
Lecture 1 :
Recap & Conclusion
Section 10 : Test Your EVM Knowledge 1 Lectures
Lecture 1 :
TEST your EVM Concepts
Course Learning Exam

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Umer Lone,

1284 Course Views

1 Courses

Umer is an experienced project management professional with more than 10 years of experience in construction industry, IT solutions for construction industry with a particular focus on project planning and controls, project management, earned value management and digitalization of construction industry. He is passionate about challenging the status quo of construction industry and transform the industry for a more sustainable and productive future. Currently works for a world class Construction Management solutions company.