OVERVIEW
What is earned value management (EVM)? The basic concept of EVM is more than a unique project management process or technique. It is an umbrella term for 32 guidelines that define a set of requirements that a contractor’s management system must meet. The objectives of an EVMS are to:
- Relate time-phased budgets to specific contract tasks and/or statements of work.
- Provide the basis to capture work progress assessments against the baseline plan.
- Relate technical, schedule, and cost performance.
- Provide valid, timely, and auditable data/information for proactive project management analysis and action.
- Supply managers with a practical level of summarization for effective decision-making.
COURSE DETAILS
|
COURSE DURATION |
LANGUAGE |
CERTIFICATE |
| 2 Days | English | DISS |
| *Please notify us if an interpretation is required |
COURSE BENEFITS/PROGRESSION OPPORTUNITIES
COURSE OBJECTIVES
The audience will receive a complete understanding of the 32 guidelines in the EIA-748 Standard for EVMS are divided into five sections which are discussed below.
- Organization
- Planning, Scheduling, and Budgeting
- Accounting Considerations
- EVMS Analysis and EVMS Management Reports
- Revisions and Data Maintenance
COURSE OUTLINE
| Day 1 | Day 2 |
|
Getting Started
Foundation Concepts
The Work Breakdown Structure (WBS)
Building a Project Baseline
|
Recording Actuals
EVM Performance Measures
Reporting Project Performance
Implementing an EVM System (EVMS)
|
COURSE METHODOLOGY
- The format of the three-day workshop is a series of brief lectures followed by discussion and hands-on exercises. Case studies and real-life examples are used to illustrate success and failure
COURSE TYPE: WEBINAR
ON-DEMAND
QUICK REGISTER
TESTIMONIAL
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Meet THE INSTRUCTORS
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