"The structure, the practice exams, the instructor — all top tier. Passed first try."
Course Outline
What the programme covers, module by module.
Module 1: Introduction to Earned Value Management
- Earned Value Management concepts
- Purpose of EVM
- Project performance measurement
- Cost and schedule integration
- Benefits of EVM
- EVM terminology
Module 2: Foundations of Project Performance Measurement
- Project objectives
- Performance measurement
- Planned versus actual performance
- Measurement baselines
- Performance indicators
- Project control principles
Module 3: Work Breakdown Structure
- WBS fundamentals
- Deliverable decomposition
- Work packages
- Control accounts
- Activity identification
- Linking WBS with EVM
Module 4: Project Scope and EVM
- Scope definition
- Project deliverables
- Scope baseline
- Work package scope
- Scope changes
- Maintaining scope consistency
Module 5: Project Schedule Baseline
- Schedule planning
- Activities and milestones
- Activity sequencing
- Schedule baseline
- Time-phased planning
- Schedule updates
Module 6: Project Cost Baseline
- Cost estimation
- Project budgeting
- Cost allocation
- Time-phased budgets
- Cost baseline
- Budget management
Module 7: Performance Measurement Baseline
- Baseline concepts
- Scope integration
- Schedule integration
- Cost integration
- Establishing the baseline
- Baseline maintenance
Module 8: Planned Value
- Planned Value concepts
- Budgeted planned work
- Time-phased budgets
- PV calculations
- Planned progress
- Interpreting PV
Module 9: Earned Value
- Earned Value concepts
- Measuring completed work
- Budgeted value of work
- EV calculations
- Progress measurement methods
- Interpreting EV
Module 10: Actual Cost
- Actual Cost concepts
- Capturing project costs
- Labour costs
- Material costs
- Other project expenses
- Interpreting AC
Module 11: Earned Value Measurement Techniques
- 0/100 technique
- 50/50 technique
- Weighted milestones
- Fixed formula methods
- Percentage complete
- Selecting measurement methods
Module 12: Schedule Variance
- Schedule Variance concepts
- SV calculation
- EV and PV comparison
- Positive and negative variance
- Interpreting schedule performance
- Variance trends
Module 13: Cost Variance
- Cost Variance concepts
- CV calculation
- EV and AC comparison
- Cost overrun indicators
- Cost underrun indicators
- Interpreting cost performance
Module 14: Schedule Performance Index
- SPI concepts
- SPI calculation
- Understanding SPI values
- Schedule efficiency
- Performance trends
- Using SPI for decisions
Module 15: Cost Performance Index
- CPI concepts
- CPI calculation
- Understanding CPI values
- Cost efficiency
- Performance trends
- Using CPI for decisions
Module 16: Budget at Completion
- BAC concepts
- Total authorised budget
- Establishing BAC
- Relationship with baseline
- Budget changes
- Using BAC in forecasting
Module 17: Estimate at Completion
- EAC concepts
- Forecasting final project cost
- EAC calculation methods
- CPI-based forecasting
- Combined performance forecasting
- Selecting appropriate EAC methods
Module 18: Estimate to Complete and Variance at Completion
- ETC concepts
- ETC calculations
- Remaining project costs
- VAC concepts
- VAC calculations
- Forecast interpretation
Module 19: To-Complete Performance Index
- TCPI concepts
- Required future performance
- BAC-based TCPI
- EAC-based TCPI
- Interpreting TCPI
- Assessing project feasibility
Module 20: Earned Value Analysis and Forecasting
- Performance trend analysis
- Variance analysis
- Forecasting techniques
- Identifying performance issues
- Root cause considerations
- Corrective action planning
Module 21: EVM Reporting and Dashboards
- EVM performance reports
- Cost and schedule indicators
- Variance reporting
- Performance dashboards
- Management communication
- Visualising EVM information
Module 22: Applying EVM for Project Control
- Reviewing project performance
- Identifying deviations
- Investigating variances
- Developing corrective actions
- Updating forecasts
- Continuous performance monitoring
Who it's for & what's included
Pick a delivery method to see exactly who it suits and everything you receive.
Classroom
Best for learners who want face-to-face tuition and to network with peers in person.
Everything you get
- ✓ Live instructor on-site
- ✓ Printed workbook & materials
- ✓ Group exercises & case studies
Online Instructor-Led
Best for learners who want a live instructor and a fixed schedule, without the travel.
Everything you get
- ✓ Live instructor via video call
- ✓ Digital workbook & resources
- ✓ Session recordings
Self-Paced
Best for self-motivated learners who need maximum flexibility around work and life.
Everything you get
- ✓ On-demand video lessons
- ✓ Interactive quizzes
- ✓ 24/7 access on any device
Course Overview
This course provides practical knowledge of Earned Value Management for measuring and controlling project performance. Participants will explore project baselines, Planned Value, Earned Value, Actual Cost, schedule and cost variances, performance indices, forecasting techniques, Estimate at Completion, variance analysis, reporting, and corrective actions for informed project decision-making.