Earned Value Management Practioner Training in Hong Kong

Earned Value™ Management Practitioner Course Outline

Module 1: Definition

• Foundations of Definition
• Statement of Work
• Communicating the WBS
• Control Account Managers
• Managing a Control Account
• Responsibility Assignment Matrix
• Integration of Sub-Contract Management
• Flow-Down to Sub-Contractors
• Flow-Down of Scope to Control Accounts
• Risk, Uncertainty, Complexity, and Novelty
• Define Clear Deliverables
• Develop a WBS
• Exercises

Module 2: Planning

• Foundations of Planning
• Performance Management Baseline
• Principles of Risk Planning
• Earned Value Techniques
• Validity and Effectiveness

Module 3: Data Collection

• Foundations of Data Collection
• Using Estimated Actuals
• Data Collection Requirements
• Verify, Validate, and Reconcile Data Integrity

Module 4: Analysis, Review, and Action

• Foundations of Analysis, Review, and Action
• Reporting Graphs
• Estimates at Completion
• Simple Tests of Reasonableness
• Earned Value Variances and Indices
• Earned Value Reports
• Defining Appropriate Variance Thresholds
• Independent Estimate at Completion (IEAC)
• Identifying Likely Causes
• Selecting Appropriate Courses of Action

Module 5:  Change Management

• Maintaining Integrity
• Types of Baseline Change
• Use of Management Reserve
• Impact of Changing Baselines
• Change Process

Module 6: Risk Management

• Foundations of Risk Management
• Setting the PMB
• Establishing Management Reserve
• Predicting Project Performance
• Project Changes
• Effectiveness

Module 7: System Review

• Foundations of Systems Review
• Benefits of a System Review
• IBR Process
• IBR Issues and Effectiveness
• Demonstration Review Process
• Demonstration Review Issues and Effectiveness
• Surveillance Review Process
• Surveillance Review Issues and Effectiveness
• Effectiveness of System Review Regime

Module 8: Learning from Experience

• Sources of Learning from Experience
• Conducting LFE Review
• Handover of Project Deliverables
• Metrics
• Reviewing, Classifying, and Prioritising LFE
• Possible Recommendations
• Planning Communications
• Selecting and Matching Experience
• Project Closedown Process
• Effectiveness of Learning from Experience