Earned Value Analysis for Controlling your Projects
Determine project progress in terms of schedule and budget to enable you to spot trends early and take corrective action.
A 2-day course
This in-depth programme covers the essential steps on developing the content of your projects and the organisation of work and costs in order to control your projects using Earned Value Management. It explains the calculations and formulae to determine how ‘healthy’ your project is, but most importantly, to spot trends early and take the appropriate corrective action.
The programme is developed for those managers, project engineers, discipline engineers and other staff in an organisation who are involved in managing projects. It is particularly beneficial to those involved with Project Services. It would be particularly helpful to those managers who are controlling contract staff and need to understand and interpret progress information.
The objectives of this course are to provide participants with the ability to: - Understand the background and benefits of Earned Value - Prepare project content to support the use of the Earned Value Technique including the development of Breakdown Structures covering the Work and Costs associated with the project. - Understanding the performance measures and associated calculations to apply Earned Value techniques to your projects - Understand the relative importance of Variances and Performance Indices along with Estimate to Complete calculations - Learn to interpret the information and what to do to tackle progress and cost issues that your project faces to bring your projects to a successful conclusion
The course either has new dates in data loading, or is only run as a dedicated or In Company course.