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