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Introduction to earned value management (EVM)

During this interactive course, a member of our expert staff will introduce students to the concepts underlying 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 course 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 for a PDF version of this course description.

This course is also available through our GSA MAS Contract. View the brochure here. 
Training & Education
Get more information on our training offerings.
 

Course Logistics

Duration
2 Days (16 hours)
 
Delivery
In-person, instructor led 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

Principles of Earned Value Management (EVM) 

Principles of Earned Value Management (EVM) 

This course introduces students to the basic components of managing projects using earned value management principles.
The DCMA 14-Point Schedule Assessment

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. 
The Earned Value Management EIA 748 Validation Process

The Earned Value Management EIA 748 Validation Process

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

Introduction to CPM Scheduling

This course introduces to the fundamental concepts of the Critical Path Method (CPM) scheduling technique. 
Control Account Scheduling Using Microsoft Project 

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).

 
Earned Value Analysis Using Empower™

Earned Value Analysis Using Empower

This course is an introduction to Earned Value Analysis using Encore Analytics Empower. It covers how to access the tool and use the various features and functions within to support analysis of program performance.

 
Effective Scheduling Using Microsoft Project

Effective Scheduling Using Microsoft Project

This course introduces students to building and maintaining a project schedule in Microsoft Project that will be part of an Integrated Master Schedule (IMS) that conforms to federal contracting regulations and industry best-practices.
Variance Analysis Reporting Using Empower™

Variance Analysis Reporting 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).

 
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