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Project Earned Value Management

Project Earned Value Management

Understanding of basic mathematics, project management principles like scheduling, budgeting and financial parameters

Overview

Description
The course “Fast Track to Earned Value Management”, introduces the participants to the basics of the “Art of Earned Value Management applied on Projects”. It provides the participants with the basic terminology used in Earned Value Management and defines the different parameters and formulas.

The Fast Track concept focuses on the main principles of earned value, introduces the concepts and calculations that will help you to understand the basics and will help you understand what EVM is and how it can improve your projects.

Project Management has become a need for any company to survive in these fast changing times. Successful projects drive companies and determine their success over other companies and Earned Value Management has become an important element in project success evaluation and decision making.

This course follows the PMI standards and terminology based on the PMBOK 6th Edition and is a perfect first step in acquiring more knowledge in project management for people who are new in the topic and for people with experience, it is an interesting way to review the basics and earn PDUs.

When you claim PDUs or use the course to specify your formal training you can use the following information to complete the application related to the talent triangle:

Provider: De Ceuster Academy @ APraCom, s.r.o.

Technical: 2

Strategic & Business: 0.25

Leadership: 0.25

Content

Introduction, How to use the Course, Content and Learning Outcomes
Project Follow Up and Earned Value
The Earned Value Approach
Practical Use of Earned Value Parameters
Review and Final Test
Basic knowledge
Understanding of basic mathematics, project management principles like scheduling, budgeting and financial parameters

Course Information

Understanding of basic mathematics, project management principles like scheduling, budgeting and financial parameters

What will you learn
Learning Outcomes

At the end of the course, the participants will be able to:

Define and Calculate the EVM parameters Planned Value (PV), Earned Value (EV) and Actual Cost (AC)
Report the project schedule and cost position using the EVM parameters
Calculate the Schedule and Cost Variances and Indices and the Cost Schedule Index
Determine the status of the project using different parameters
Estimate the Cost at Completion, and Variance at Completion using different approaches and formulas
Identify the problem using Schedule Variance
Apply the Formulas on a Case Project

Who this course is for:
Engineers, Project Managers, Planning Engineers, Project Engineers, Project Controls Engineers

• Lifetime Access to Each Course
• Certificate on Completion of Course
• No Extra Charges Or Admin Fees
• Easy Access to Courses
• High Priority Support After Sales.
• Big Discounts on Individual Courses

Course Specifications

Find Project Management courses including Customer Service and Management. 

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Adult education is the non-credential activity of gaining skills and improved education. 

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Online education is electronically supported learning that relies on the Internet for teacher/student interaction. 

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A short course is a learning programme that gives you combined content or specific skills training in a short period of time. Short courses often lean towards the more practical side of things and have less theory than a university course – this gives you a more hands-on experience within your field of interest.

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Course duration is 24 hours.

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