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Essential Elements of Earned Value Management

October 28 - 29, 2010
08:30 - 16:00, Thu-Fri
Washington, DC$795
January 27 - 28, 2011
08:30 - 16:00, Thu-Fri
Washington, DC$795
April 7 - 8, 2011
08:30 - 16:00, Thu-Fri
Washington, DC$795

Overview:
Learn the fundamentals of earned value management (EVM) as well as the skills necessary to implement EVM to keep acquisitions on track with effective monitoring of performance costs and schedules. Gain a thorough understanding of how establishing project scope and baselines relates to the important process of continuous contract performance management. This course is designed to teach the basics of EVM to everyone involved in planning, negotiating and managing complex contracts from both government and industry. It provides a practical step-by-step approach to using EVM as a tool to make good business decisions.
Who Should Attend?
COR/COTR candidates; contract specialists and contracting officers; program and project managers; and financial personnel who need a working knowledge of EVM.
Objectives:
  • Describe the fundamentals of EVM
  • Incorporate EVM requirements into your project or program
  • Plan and implement projects using EVM processes
  • Analyze EVM data to manage your projects and sustain the performance measurement baseline
  • Explain how EVM data can be translated into usable management information
  • Syllabus:

    Day 1


    Introduction and Administration, Course Objectives

    Fundamentals of Earned Value Management
    Exercise 1:  Expectations

    Exercise 2:  EV Basics

    Incorporating EVM Requirements into Contracts

    Exercise 3:  Incorporating EVM Requirements into Contracts

    Planning the Work

    Exercise 4:  “The Fence”  List the Activities

    Exercise 5:  “The Fence”  Part 2:  Building the Project Network

    Day 2


    Execute the Plan & Maintain the PMB

    Translating EVM Data into Actionable Management Information

    EV Data Analysis:  Part A

    EV Data Analysis:  Part B

    EV Data Analysis:  Part C

    Execute the Plan & Maintain the Performance Measurement Baseline

    Translating EVM Data into Actionable Management Information

    Summary



    Course Details
    CODE:  PROJ8003D
    TYPE:  Classroom-Day
    LENGTH:  2 Day(s)
    CREDIT:  1.2 CEU
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