Project Management Experts (PME): Introduction to Earned Value Class

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COURSE DESCRIPTION
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 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.

AGENDA

  1. Introduction
  2. Project Management Process Overview
  3. Developing the Scope and Schedule Baseline
  4. Project Cost Management
    4.1 Project Cost Management and Its Components
    4.2 Cost Management Plan
    4.3 Cost Estimating
    4.4 Cost Budgeting – Creating the Cost Baseline
    4.5 Cost Control

Exercise 1: 1st Execution Cycle

Exercise 2: 2nd Execution Cycle
Exercise 3: Final Status Report