Introduction & Objectives

COURSE HIGHLIGHTS

You Must Assume Full & Total Control Of Your Projects Now! Don’t let your project tailspin into a disaster! Take full control of your project today. You can achieve this goal by being proactive in its monitoring and control rather than being reactive. Apply the use of Earned Value Management on your projects to enable and promote effective project planning, monitoring, and control. We will help you set up an early warning system that will give you early signs of trouble with your project health. Also discover techniques needed to compare actual work accomplished against baseline schedules and costs. Above all we will set up you on a path to recognize what must be done to successfully implement and use Earned Value in your organization utilizing the EIA-748-c standards and guidelines

THIS CLASS WILL ENABLE YOU TO:

• Discuss the importance and value of Earned Value Management (EVM) and Earned Value Management Systems (EVMS) in today’s organization
• Understand Project Management and EVM integration
• Understand EVM Analytics, Forecasting and EIA 748-c EVMS industry standards
• Calculating and Managing Schedule Variances (SV); Cost Variances (CV), Variance at Completion (VAC), Schedule Performance Indices (SPI); Cost Performance Indices (CPI) and TCPI (To Complete Performance Index)
• Identifying Variances and providing corrective actions

**CORPORATE ONSITE/ONLINE TRAINING ALL CORPORATE ONLINE AND ONSITE TRAINING MUST BE PRE‐APPROVED ONE MONTH IN ADVANCE OF TRAINING AND REQUIRES A MINIMUM  OF 100 PARTICIPANTS; AND A MINIMUM OF 1000 (ONE THOUSAND) PARTICIPANTS IS REQUIRED FOR ONSITE TRAINING IN THE USA AND CANADA. ADDITIONAL COSTS SUCH AS INSTRUCTOR FLIGHT, PER DIEM, HOTEL AND OTHER DIRECT COSTS (ODC) MAY APPLY

ONLINE CORPORATE TRAINING

A minimum of 100 registered participants is required for online training in the USA.

A minimum of 100 registered participants is required for onsite/online training via the Internet outside the USA with a live Instructor

ONSITE TRAINING VIA DISTANCE LEARNING MODE

A minimum of100 registered participants is required for onsite training via Distance Learning mode in and outside the USA. Training is delivered via the Internet with a Live instructor for 3 days (8 hours per day). Training is delivered in English Language. All participants must have a working knowledge of English

APPROVALS

EVMi® 101: Earned Value Management Fundamentals course is approved by the United States Federal Government Federal Acquisition Institute (FAI) for Federal Acquisition Certification for Program and Project Managers (FAC-P/PM) certification for US Federal Government Program and Project Managers.

Outline, Curriculum & PDUs

THE 3 DAY EARNED VALUE MANAGEMENT FUNDAMENTALS COURSE OUTLINE

SECTION 1: PROJECT MANAGEMENT THEORY, APPLICATION AND PROJECT CONTROLS (DAY 1)

SECTION 1:  PROJECT MANAGEMENT THEORY, APPLICATION AND PROJECT  CONTROLS

• Project Management Theory and  Earned  Value Management (EVM)

• Project Management Processes; Project  Life  Cycle; Triple Constraints

• Project Scope  Management & Project   Scheduling, Work Breakdown Structure, (WBS)  Establishment, WBS Dictionary, Work Authorization Document (WAD), Responsibility Assignment Matrix (RAM),  Organization Breakdown Structure (OBS), Schedules, Critical paths, Milestones)
• Project Budgeting & Project  Controls (Budgets; Contract  budget baselines, Over target baselines; Undistributed budgets; Distributed budgets; Management Reserve  (MR), Contingency; Control Accounts);

•  Establishing Performance Measurement Baselines (PMB

SECTION 2: EARNED VALUE MANAGEMENT THEORY & APPLICATION; EIA 748-D INDUSTRY STANDARDS (DAY 2 & 3)

Key Earned  Value Man ag e men t Concepts

• Earned Value Management Principles
• EVM Planning Process and  Establishing the Performance Measurement Baseline (PMB)

• Preparing a Control Account Plan (CAP)
• Earned Value Management Definitions and Formulae (EV, AC, PV, CV, SV, SPI, CPI, TCPI, % start,  % complete)

• Earned Value Management Forecasting (ETC, EAC)
• Earned Value  Management Implementation & US Federal government guidelines (OMB;  US Senate  Bills;  Weapons Systems Act and  so on)
• Implementing EIA 748-c Earned  Value  Management Industry Standards (32 Criteria) On A Project and  at an Organization

EARNED VALUE MANAGEMENT SYSTEMS (EVMS) INDUSTRY STANDARDS LEVERAGED ACROSS THE 3 DAY EARNED VALUE MANAGEMENT FUNDAMENTALS PROGRAM

• EIA 748-D Earned Value Management Systems (EVMS) Industry Standards

APPLIED EARNED VALUE MANAGEMENT EXERCISES

• All participants will complete exercises in-class on applied Earned Value Management

Who Should Apply

The Earned Value Management Fundamentals Course is widely used by Project Managers, Finance Specialists, Earned Value Management Professionals, Project Management Professionals, Risk Professionals and Managers, Planners, Schedulers, Financial Analysts, Engineers, Information Technology Professionals, Procurement and Contracts staff; Project Management Executives and Project Management staff members who work across all types of contracts; project sizes, project complexities, organizations and industries.

Participant Mix

A typical class included Earned Value Management Analysts, Financial Analysts, Planners and Project Schedulers who work across industry at IBM, BAE Systems, SAIC, L-3 Communications and Northrop Grumman.

Testimonials

For testimonials from EVMi® Alumni, please visit:

www.evmi.com/testimonials-page