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