Earned Value Management Foundation & PractitionerVirtual Classroom
- EVM facilitates the integration of project scope, time and cost objectives and the establishment of a baseline plan for performance measurement.
EVM facilitates the integration of project scope, time and cost objectives and the establishment of a baseline plan for performance measurement.
Certify your ability to:
- Facilitate the integration of project scope, time and cost objectives and the establishment of a baseline plan for performance measurement.
- Demonstrate to stakeholders whether or not they are getting value for money and make suggestions as to how value can be increased.
- Provide an objective measurement of what has been achieved on a project in relation to cost, scope and timescales.
- Enable accurate forecasting for projects and programmes and detailed project comparisons across programmes.
Earned Value Management Foundation is for project managers, managers, department heads, and others who need a better understanding of the elements of EVM.
What are the key things you will learn?
- The concepts of Earned Value.
- Selecting and deploying Earned Value formulae.
- The Earned Value Process.
- Different levels of System Review.
Who is Practitioner for?
People who have worked (and are working) in an Earned Value Management environment for a period of two years. This will include a wide range of people working on Earned Value based projects including project managers, control account managers, project planners and project analysts.
What are the key things you will learn?
- How to establish a Performance Measurement Baseline for a project.
- How to design and evaluate Earned Value data collection processes for a specific project.
- Interpreting Earned Value data for a given scenario and make recommendations on appropriate action.
- Managing changes to a Performance Measurement Baseline appropriately.
- Allowing for risk in the planning, execution, and evaluation of an Earned Value project.
- How to apply methods to review the integrity, validity and performance of an Earned Value Management System.
Foundation exam format:
- Multiple Choice
- 40 questions per paper
- 26 marks or more required to pass (out of 40 available) – 65%
- 60 minutes duration
- Closed book
- Calculator allowed
Practitioner exam format:
- Objective testing
- 4 questions per paper, 20 marks available per question
- 40 marks or more required to pass (out of 80 available) – 50%
- Three hours duration
- Open book (Earned Value Management Handbook)
- Calculators allowed
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