Earned Value

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Course description

When it comes to planning and control in project management, earned value management (EVM) is an extremely effective technique for objectively measuring project performance and progress.

Through a combination of interactive sessions and practical exercises, we cover everything from looking at why projects fail, to the principles and uses of EVM and how it can help prevent that failure.

Is it right for me?

If you’re a project management professional or business manager who wants to implement earned value management, or a work package manager who needs to report using earned value, this project management training course will provide you with the relevant skills and knowledge.

What will I get out of it?

By the end of the course you will be able to:

  • Describe the principles of earned value management
  • State the principles for organising and planning a project to use earned value management
  • Interpret earned value management reports and charts
  • Perform variance analysis using earned value data
  • Identify earned value trends and their significance
  • Perform exception analysis down to work package level
  • Plan actions based on the evidence of earned value data

I think the trainer was ideal, answered every question, confident and approachable. Goals have been reached and am satisfied with the service offered. Well done and thanks!

Safety Analyst, Federal Office of Civil Aviation

What does it cover?

  • Why projects fail
  • The need to understand actual financial and schedule progress
  • Limitations of common monitoring techniques
  • The basic principles of EVM
  • The EVMS criteria
  • EVM constraints on project organisation
  • Earned value measuring techniques
  • Planning an EVM project
  • EVM and sub-contracting
  • Managing baselines in an EV environment
  • Using EV cost and schedule variances
  • Interpreting EV curves
  • SPI and CPI trend analysis
  • Use of bullseye charts
  • The CPR reports
  • Interpreting CPR report data
  • WP variance analysis
  • Use of Independent EAC
  • EAC challenging
  • Use of TCPI
  • The challenges in implementing EV

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Course leader

Chris Johnston

Project Management Training Consultant

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