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Course information
Earned Value Management Black Belt Course Outline
Module 1: What is Earned Value Management?
- Introduction
- 32 EVM Guidelines
- Revisions and Data Maintenance
Module 2: Why Use EVM?
- Need for EVM
- Why is EVM Implemented?
- Why Use Earned Value Management?
- Benefits of EVM
- EVMS Mandate
- Business Case
- Business Case Contents
Module 3: Key Terminology
- Key Terminology Revision
- EVM Formulae
- Reporting Graphs
- Exercise
Module 4: EVM Principles
- What Does EVM Require?
- EVM Planning Process
- How Do We Define a Scope?
- Requirements and Key Deliverables
- Work Breakdown Structure (WBS)
- Preparing WBS and WBS Dictionary
- Organisation Breakdown Structure (OBS)
- Defining Control Accounts
- Planning Vs Work Packages
- Work Packages
- Rolling Wave Planning
- Responsibility Assignment Matrix
- Sub-Contract Management
- Scheduling
- Hierarchy of Schedules
- Scheduling and Resource Management
- Critical Path Method
- Develop Schedule Baseline
- Establish Schedule Baseline
- Budgeting Vs Funding
- Setting Budget
- Distributed and Undistributed Budget
- Performance Measurement Baseline
- Management Reserve (MR)
- Contract Budget Baseline
Module 5: Establishing Performance Measurement Baseline
- Establishing PMB
- Objective Measures of Progress
- Baselining the Project
- Why is PMB Needed?
- Data Collection
Module 6: Forecasting and Measuring Performance
- Project Tracking
- EVM Formulae
- Variance Analyses
- Schedule Variance
- Reporting Graphs
- Performance Trend Charts
- Performance Indices
- Cost Performance Index
- Schedule Performance Index
- Estimate at Completion (EAC)
- Estimate to Completion (ETC)
- Simple Tests of Reasonableness
- TCPI
- Reporting and Interpreting Results
- Tolerances
- Setting Tolerances
- Problem Indicators
- Analysis Review and Action
- Corrective Actions
Module 7: Stakeholder Management and Communication
- What is a Stakeholder?
- Stakeholders? Who are They?
- Stakeholder Management
- Stakeholder Types
- Stakeholder Identification
- Stakeholder Analysis
- Segmenting and Prioritising Stakeholders
- Stakeholder Engagement
- Engaging Stakeholders
- Stakeholder Communication
- Communication Planning
- Communicating Change for Stakeholders
Module 8: Change and Risk Management
- Change Management
- Maintaining Integrity
- When to Make Changes?
- How to Make Changes?
- Risk
- Integrating Risk Management with EVM
- Benefits of Risk Management
- Risk Management
- Risk Management Procedure
- Identify Step
- Risk Identification Techniques
- Types of Risks
- Assess Step
- Summary Risk Profile
- Plan Step
- Responses
- Implement Step
Module 9: EVM System Review
- Benefits of a System Review
- Unscheduled System Review
- Categories of System Review
- Overview of EVM Reviews
- Integrated Baseline Review
- Demonstration Review
- Surveillance
Who should attend this Earned Value Management Black Belt Course?
The Earned Value Management Black Belt Course in Albany, NY is intended to provide learners with a full understanding of Earned Value Management concepts. It is a highly specialised Course that can benefit a variety of professionals, including:
- Project Managers
- Program Managers
- Portfolio Managers
- Quality Managers
- Cost Engineers
- Business Analysts
- Financial Analysts
Prerequisites of the Earned Value Management Black Belt Course
There are no formal prerequisites for this Earned Value Management Black Belt Course.
Earned Value Management Black Belt Course Overview
The Earned Value™ Black Belt Course in Albany, NY is an intensive examination of the essentials and advanced theories associated with Earned Value Management (EVM) techniques that combine with project scope, time, and cost data. It is, therefore, necessary to know ejsionline.net, as it provides an ability to give a true picture of performance versus the planned project for effective management of complex projects.
If students or professionals in project management, cost control, and project finance, among whom were the project managers, cost engineers, and financial analysts, they should master EVM in its entirety. Mastery in the subject in Albany, NY shall make them predict the outputs of the project more accurately, manage the budget most efficiently, and assure that the completion of the project takes place in time and within the budget.
The Knowledge Academy’s 3 Day course in Albany, NY provides delegates with the necessary skills to deploy EVM principles effectively within their projects. All concepts are discussed and applied in practice during the course, making sure that delegates are able to apply the EVM techniques at their places of work for better project delivery and improved financial management right away.
Course Objectives
- To understand the principles and fundamentals of Earned Value Management (EVM).
- To learn how to integrate project scope, time, and cost measures to establish a robust EVM system.
- To master the interpretation of EVM metrics for effective project performance analysis
- To develop the skills necessary to forecast project outcomes using EVM data accurately.
- To explore advanced EVM techniques and their applications in managing complex projects.
- To prepare delegates for practical implementation of EVM strategies in their project management practices.
The delegates in Albany, NY will learn and acquire skills in implementing Earned Value Management strategies effectively in their projects on completion of the course. This will improve their ability to make better decisions, therefore raising the performance and financial management of their projects with an improved success rate in their projects.
What’s included in this Earned Value Management Black Belt Course?
- Earned Value Management Black Belt Examination
- World-Class Training Sessions from Experienced Instructors
- Earned Value Management Black Belt Certificate
- Digital Delegate Pack
Earned Value Management Black Belt Exam
To achieve the Earned Value Management Black Belt, candidates will need to sit for an examination. The exam format is as follows:
- Question Type: Multiple Choice
- Total Questions: 30
- Total Marks: 30 Marks
- Pass Mark: 65%, or 19/30 Marks
- Duration: 60 Minutes
- Open Book/ Closed Book: Closed Book
Why choose us
Our Albany, NY venue
Includes..
Air conditioned
To keep you comfortable during your course we offer a fully air conditioned environment.
Full IT support
IT support is on hand to sort out any unforseen issues that may arise.
Video equipment
This location has full video conferencing equipment.
Ways to take this course
Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Earned Value Management Training | Earned Value Management Black Belt Training in Albany, NY. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.
Unlock your potential with The Knowledge Academy's Earned Value Management Training | Earned Value Management Black Belt Training in Albany, NY, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.
Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.
Tailored learning experience
Leverage benefits offered from a certification that fits your unique business or project needs
Maximise your training budget
Cut unnecessary costs and focus your entire budget on what really matters, the training.
Team building opportunity
Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings
Monitor employees progress
The course know-how will help you track and evaluate your employees' progression and performance with relative ease
What our customers are saying
Earned Value Management Training | Earned Value Management Black Belt Training in Albany, NY FAQs
Earned Value Management (EVM) Black Belt is an advanced certification that validates expertise in applying EVM principles at a strategic level to manage complex projects effectively.
This course includes advanced EVM principles, strategic application, project performance analysis, case studies, hands-on exercises, and Black Belt certification exam preparation.
Yes, the course typically includes an exam to assess your mastery of advanced EVM concepts and qualify for the Black Belt certification.
Benefits of this training include mastering advanced EVM techniques, enhancing strategic project management skills, improving career prospects, and qualifying for leadership roles in project management.
The certification validates your ability to apply advanced EVM techniques strategically, ensuring effective management of complex, large-scale projects.
Yes, we offer tailored corporate training courses that can be customised to meet the specific needs of an organisation and its employees.
There are no formal prerequisites for this Earned Value Management Black Belt Course.
The course is advanced and challenging, suitable for experienced project managers and professionals with a strong understanding of EVM principles.
The duration of this course spans across 2 days.
Yes. The Knowledge Academy offers 24/7 support for delegates before, during, and after this course.
This certification benefits Project Directors, Senior Project Managers, Program Managers, and professionals overseeing complex projects.
The Knowledge Academy provides flexible self-paced training for these courses. Self-paced training is beneficial for individuals who have an independent learning style and wish to study at their own pace and convenience.
Jobs include Project Director, Senior Program Manager, EVM Analyst, and Strategic Project Consultant.
Holding this certification demonstrates advanced proficiency in EVM, enhancing your credibility and career prospects in high-level project management roles.
You’ll learn advanced EVM techniques, strategic application, complex project performance analysis, and how to apply EVM at an organisational level.
Senior Project Managers, Program Managers, Project Directors, and professionals seeking to enhance their strategic project management skills should attend.
Should you encounter any difficulties accessing the course materials, our customer support team is available to assist and promptly resolve any issues you may encounter.
The course equips you with advanced EVM skills, enabling you to manage large-scale projects strategically and advance your career in project leadership roles.
Experience in EVM or completion of foundational EVM courses is typically required to qualify for the Black Belt Training.
Consider applying your advanced skills in real-world projects, pursuing leadership roles, or advancing to other strategic project management certifications.
No, there are no requirements for taking this Earned Value Management Black Belt Course.
Yes, a background in foundational EVM Courses or equivalent experience is necessary to fully benefit from the Black Belt Training.
The training fees for Earned Value Management Black Beltin Albany, NY starts from $2295
The Knowledge Academy is the Leading global training provider for Earned Value Management Black Belt.
Please see our Earned Value™ Management courses available in Albany, NY
Why choose us
Best price in the industry
You won't find better value in the marketplace. If you do find a lower price, we will beat it.
Trusted & Approved
Our Earned Value Management courses are fully accredited by APMG.
Many delivery methods
Flexible delivery methods are available depending on your learning style.
High quality resources
Resources are included for a comprehensive learning experience.
"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"
Joshua Davies, Thames Water
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