Earned Value Management

EVM is a methodology that combines scope, schedule, and resource measurements to assess project performance and progress. An earned value management system (EVMS) is a set of principles, methods, processes, practices, and tools for managing project performance.

Audience

• Project Managers
• Program Managers
• PMO Officers
• Executives and Managers

Agenda

Introduction
– What is earned value management (EVM)?
– Basic EVM concepts
– Relationship with portfolios and programs
– Benefits of the application of EVM
– Conditions necessary for successful EVM implementation

Initiating
– Considerations for the project charter
– Considerations for stakeholders
– Determining the applicability of the EVM system (EVMS)

Planning the project
– Developing the project management plan
– Developing data and integrating the scope, schedule, and cost baselines considering resources and risks
– Setting the performance measurement baseline
– Applying EVM in an agile/hybrid environment Executing, monitoring, and controlling
– Collecting data
– Managing performance stakeholder and communication considerations
– Integrated change control
– Process improvement

Closing
– Incorporating EVM into project closeout
– Knowledge management of earned value (EV)

Alignment

Fully aligned to PMI’s Standard for Earned Value Management

Languages

This course in available in English, French, German

Duration

• 2 days in classroom
• Also available as online or virtual delivery