Earned Value Management Foundation Training in Chicago

Who should attend this Earned Value™ Management Foundation Course?

This Earned Value™ Management Foundation Training Course in Chicago provides delegates with a basic understanding of the Earned Value Management (EVM) methodology, its principles, and basic practices. This course is beneficial to a variety of professionals, such as:

• Project Managers
• Project Control Professionals
• Cost Engineers
• Quality Assurance Professionals
• Risk Managers
• Business Analysts
• EVM Analysts

Prerequisites of the Earned Value™ Management Foundation Course

There are no formal prerequisites for attending this Earned Value™ Management Foundation Training Course.

Earned Value™ Management Foundation Course Overview

Earned Value Management (EVM) in Chicago is a Project Management approach fully integrated with scope, cost, and schedule parameters of the project, to measure the project performance and progress. Accurate project outcome prediction and successful delivery of the project within the time-bound and budgeted cost lie in the adoption of Earned Value Management.

EVM thus becomes a tool without which any Project Manager, cost estimator, or any professional of the trade can't do. Professionals in the field have to be the masters of EVM techniques, which will make them use informed decisions, foreseeing the possible budget and schedule overruns by taking timely corrective actions toward their strategic goals.

This 2-day training in Chicago developed by Knowledge Academy provides delegates with the necessary knowledge and skills required in Earned Value Management. Delegates in Chicago will leave with the competence to apply Earned Value Management principles in real projects, conceptual learning, and practical exercises that will translate into improved ability to manage effective project performance and deliverables.

Course Objectives

• To introduce the fundamental principles and components of Earned Value Management
• To equip delegates with the knowledge to implement EVM in project planning and execution
• To provide insights into the integration of EVM with other project management methodologies
• To prepare delegates for effectively managing and controlling project scope, schedule, and costs
• To enhance the ability of delegates to forecast project performance and identify potential issues early on

Upon completion of this course in Chicago, the delegates from various project-relevant fields will have equipped themselves with knowledge in Earned Value Management to enhance success in project delivery. This prepares them well, should they be able to apply techniques of EVM in the monitoring and controlling of project performance, and hence adds great value to their organisation.