Course Description:
Earned Value Management is an established project management technique for effectively and objectively managing projects scope, cost, and schedule constraints. In today's competitive business environment, industry and federal government agencies are adopting earned value as a tool and technique to maintain and advance their organizations and to ensure success throughout the project life cycle. Earned Value Management provides a solid and repeatable framework for core project management processes. Earned Value Management is a project management technique used to objectively evaluate cost/schedule status, forecast future impacts, and communicate risks and recovery planning strategies to the project team. Earned Value Management is critical to planning, executing, tracking, and controlling projects, and specialized skills are required to effectively implement an Earned Value Management System. This wide-ranging, fast-paced course is designed to expose participates to core and advanced Earned Value Management principles while incorporating case studies, group and individuals exercises and group discussions. This course will benefit Project Managers as well as all team members supporting project's implementing earned value. This course is based on the best practices from the PMBOK? and ANSI-748-A. This course will provide you with a understanding around implementing earned value, how to use it as a proactive project management tool and how to use earned value to facilitate risk management and corrective action.

Course Objectives:
At the completion of the course, a successful student will be able to:

• Explain the history and concepts of Earned Value Management Systems
• Develop the necessary project baselines needed to support Earned Value
• Describe and apply the key Earned Value terminology and formulas
• Calculate and interpret Earned Value data
• Review the challenges of implementing an Earned Value Management System

Course Prerequisites:
Project Management Fundamentals or permission of the instructor.