Introduction to earned value management (EVM)

During this interactive course, a member of our expert staff will introduce students to the concepts underyling Earned Value Management (EVM), including: 

  • The problems EVM was created to solve
  • EVM terminology and data elements
  • The key EVM processes (Organizing, Planning, Scheduling & Budgeting, Accounting, Managerial, Analysis & Reporting, and Revisions)

During the training, our instructor takes the time to learn about your organization to provide relevant examples of ways to use the concepts in your daily work environment. 

Target Audience

Professionals in organizations who currently, or will be utilizing an EVM System, including Program Managers, Integrated Product Team (IPT) Leads, Program Schedulers, Control Account Managers (CAMs), Program Controls/EV Analysts, and Program Financial Analysts. Executives who oversee Program Managers may also find this class of interest.

Learning Objectives

Upon successful completion of this course, students will be able to: 

  • Discuss why EVM was created, and how an effective EVM practice benefits an organization
  • Recognize the basic principles and terms used in EVM
  • Understand the fundamental processes, key roles, and responsibilities involved in EVM
  • Participate more meaningfully in advanced EVM system coursework

 

Click here to view a PDF brochure of this course. 

Training & Education
Get more information on our training offerings.

 

Course Logistics

Duration
2 Days (16 hours)
 
Delivery
In person, instructor lead or via video conference 
 
Student PCs are not required
 
Class Size
Up to 15 students
 
Prerequisites
Introduction to CPM Scheduling recommended, but not required

ADDITIONAL TRAINING OFFERINGS

Training & Education

Introduction to CPM Scheduling

This 2 day course introduces to the fundamental concepts of the Critical Path Method (CPM) scheduling technique. 

Training & Education

The Earned Value Management EIA 748 Validation Process

This course answers common questions about how to achieve and maintain validation of an EVM system.

Training & Education

The DCMA 14-Point Schedule Assessment

This course introduces students to the DCMA 14-Point Schedule Analysis metrics, including an explanation of each of the metrics and how they apply to scheduling best practices. 

Training & Education

Earned Value Analysis Using Empower

This course is an introduction to Earned Value Analysis using Encore Analytics Empower.

Training & Education

Variance Analysis Reporting (VAR) Using Empower

This course is designed to help CAMs analyze and understand earned value performance metrics with a goal of writing a clear, cohesive Variance Analysis Report (VAR).

Training & Education

Control Account Scheduling Using Microsoft Project 

This course introduces students to building a control account schedule in Microsoft Project or Project Server that will be part of an Integrated Master Schedule (IMS).