EARNED VALUE MANAGEMENT

Category:
Management Series – Earned Value Management
                                      
Overview:
This program aims at elaborating the importance of schedule and budget in a project. Managing the triple constraint in the project is the main focus of this program.

Objective:
In this course, you will discover how to:
1. Workout the Chapter
2. Workout the Project Budget
3. Workout the project Schedule
4. Manage the variance
5. Reporting in terms of EVM

Prerequisite:
Prior work experience in a project environment

Duration:
1 Full Days

Content:
Schedule

1. Create the WBS
2. Create a schedule
3. Perform Resource Levelling
4. Identify the Critical Path

Budgeting

1. Estimation methodologies
2. Work out the project budget
3. Responsibilities in generating a budget

Project Monitoring and control

1. Project Baseline
2. Earned value analysis
3. Calculating the variance
4. Arriving at the forecast
5. Status reporting

Who Should Attend:
1. Project Managers
2. Project Leaders
3. Team members in a project
4. Individual who are involved in management status updates