Project Management – How to: Earned Value Management

Project Management – How to: Earned Value Management, available at $34.99, has an average rating of 4.25, with 5 lectures, based on 22 reviews, and has 101 subscribers.

You will learn about Simple EVM calculation in order to understand the basic mechanisms Simple and Complex real-life EVM examples This course is ideal for individuals who are Project and program managers who run projects and have to report performance metrics to executives and stakeholders or C-level executives who have to be able to understand EVM reports or Functional department directors and managers also need to read status reports with EVM information in them or “Technical resources” whose work is crucial to the project success or Professionals who are not certified project managers but manage projects anyways It is particularly useful for Project and program managers who run projects and have to report performance metrics to executives and stakeholders or C-level executives who have to be able to understand EVM reports or Functional department directors and managers also need to read status reports with EVM information in them or “Technical resources” whose work is crucial to the project success or Professionals who are not certified project managers but manage projects anyways.

Enroll now: Project Management – How to: Earned Value Management

Summary

Title: Project Management – How to: Earned Value Management

Price: $34.99

Average Rating: 4.25

Number of Lectures: 5

Number of Published Lectures: 5

Number of Curriculum Items: 5

Number of Published Curriculum Objects: 5

Original Price: $199.99

Quality Status: approved

Status: Live

What You Will Learn

Simple EVM calculation in order to understand the basic mechanisms
Simple and Complex real-life EVM examples

Who Should Attend

Project and program managers who run projects and have to report performance metrics to executives and stakeholders
C-level executives who have to be able to understand EVM reports
Functional department directors and managers also need to read status reports with EVM information in them
“Technical resources” whose work is crucial to the project success
Professionals who are not certified project managers but manage projects anyways

Target Audiences

Project and program managers who run projects and have to report performance metrics to executives and stakeholders
C-level executives who have to be able to understand EVM reports
Functional department directors and managers also need to read status reports with EVM information in them
“Technical resources” whose work is crucial to the project success
Professionals who are not certified project managers but manage projects anyways

Embark on a transformative online course led by Jamal, a highly experienced project management consultant with 25 years of industry expertise. Throughout this comprehensive training, Jamal shares his deep insights gained through the development and utilization of various earned value management models across multiple projects.

This course takes you through the essentials of Earned Value Methodology. You will gain a clear understanding of Planned Value (PV), Actual Cost (AC), and Earned Value (EV), along with the formulas to calculate them:

PV = Planned Quantity x Planned Cost
AC = Actual Quantity x Actual Cost
EV = Actual Quantity x Planned Cost

By exploring straightforward examples based on an imaginary project, you’ll grasp the concepts of Schedule Variance and Cost Variance. These scenarios include projects that are behind schedule but on budget, on schedule but significantly over budget, both behind schedule and over budget, and ahead of schedule and under budget.

Building upon this foundation, you will delve into a more complex, real-life example. You’ll be presented with a scenario involving a construction company tasked with excavating a trench and extracting 1,000 cubic meters of sand within a ten-day timeframe, while adhering to a budget of $5,000.

The course concludes with an exercise that challenges you to fill out the second part of the EVM table for the “Digging a Trench” project, reinforcing your understanding of Earned Value Management.

Jamal’s engaging teaching style, practical examples, and hands-on exercises will empower you to effectively apply Earned Value Management techniques in your projects. Gain the skills to monitor project progress, identify schedule and cost variances, and make informed decisions based on data.

Join us now for a transformative learning experience in Earned Value Management, guided by Jamal, a renowned expert in the field of project management.

Course Curriculum

Chapter 1: Project Management: How to Understand Earned Value Management

Lecture 1: Introduction

Lecture 2: Overview of Earned Value Management (EVM)

Lecture 3: EVM real-life example

Lecture 4: EVM complex example – Part 1/2

Lecture 5: EVM complex example – Part 2/2

Instructors

Jamal Moustafaev, BBA, MBA, PMP
Expert project/portfolio manager, author, and speaker.

Rating Distribution

1 stars: 1 votes
2 stars: 0 votes
3 stars: 3 votes
4 stars: 5 votes
5 stars: 13 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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