Introduction to Earned Value (Live Online)

The objective of Introduction to Earned Value Management is to introduce the students to basic earned value concepts and to recognize how to manage and report against the metrics that are produced. Using a lecture and exercise format, the students will learn earned value following the foundation provided in the Guide to the Project Management Body of Knowledge (PMBOK® Guide) established by the Project Management Institute (PMI). Students will then follow a case study through planning, executing, and monitoring and controlling to report earned value metrics and present the impact on the cost of completing the project.IntroductionProject Management Process OverviewDeveloping the Primary Project BaselinesDevelop Project CharterDevelop Project Management PlanDevelop the Scope BaselineDevelop the Schedule BaselineDevelop the Cost BaselineExercise: Fiscal Donation SystemExecute, Monitor, and Control the ProjectDirect and Manage Project WorkManage Project KnowledgeMonitor and Control Project WorkPerform Integrated Change ControlControlling Costs Using Earned ValueExercise: Cost ImpactsForecasting with Earned ValueEarned Value on an Agile ProjectFinal Case StudyLEARNING OBJECTIVESIntroduce basic earned value concepts and to recognize how to manage and report against metrics produced.Use metrics to forecast cost and schedule status.Discuss the importance of developing solid scope, schedule, and cost baseline so to effectively capture earned value metrics.Demonstrate concepts via case study and exercises