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Earned Value™ Management Practitioner Overview
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
Who should attend this Earned Value™ Management Practitioner Course?
This Earned Value™ Management Practitioner Training in the United States aims to provide delegates with a deeper understanding of EVM and focus on its practical application. A variety of professionals can benefit from attending this course, such as:
- Senior Project Managers
- Project Control Managers
- Cost Engineers
- Programme Managers
- Senior Risk Managers
- Quality Assurance Managers
- Project Planners
Prerequisites of the Earned Value™ Management Practitioner Course
Delegates must possess the Earned Value™ Management Foundation Certification before pursuing this Earned Value™ Management Practitioner Training Course.
Earned Value™ Management Practitioner Course Overview
The Earned Value™ Management Practitioner Course in the United States delves into am advanced Project Management technique that integrates scope, time, and value facts to evaluate project performance and progress. As a globally recognised high-quality practice, Earned Value Management (EVM) is essential for accurately measuring undertaking overall performance and making knowledgeable selections to steer tasks towards a hit of completion.
Understanding and applying EVM standards is important for Project Managers, cost controllers, and any professional involved in undertaking planning, execution, and analysis. Mastering EVM in the United States lets in these experts to expect project effects more accurately, become aware of potential issues early, and implement corrective actions efficiently.
The 1-day course in the United States offered by The Knowledge Academy equips delegates with a comprehensive understanding of EVM ideas, equipment, and techniques. Through a blend of theoretical know-how and practical sporting events, contributors will discover ways to implement EVM of their initiatives effectively.
Course Objectives
- To introduce the fundamentals of Earned Value Management and its importance in undertaking control
- To equip delegates with the skills to enforce EVM tactics and structures of their tasks
- To enhance members' ability to analyse task performance facts and make knowledgeable choices
- To expand the functionality to forecast venture consequences using EVM strategies
- To prepare delegates for effective stakeholder conversation on project development and performance
- To foster a deep expertise of EVM's function in mission governance and hasard management
Upon completing this course in the United States, delegates can be properly-prepared to apply Earned Value Management techniques in their projects, leading to more accurate forecasting, more suitable overall performance monitoring, and improved task results.
What’s included in this Earned Value™ Management Practitioner Course?
- Earned Value™ Management Practitioner Exam
- World-class training sessions from Experienced Instructors
- Earned Value™ Management Practitioner Certificate
- Digital Delegate Pack
Earned Value™ Management Practitioner Exam Information
The Earned Value™ Management Practitioner Exam evaluates proficiency in applying EVM principles and techniques for project performance control. The Earned Value™ Management Practitioner exam format is:
- Question Type: Objective Testing
- Total Questions: 4 (each question is worth 20 marks)
- Total Marks: 80 Marks
- Pass Mark: 50%, or 40/80 Marks
- Duration: 3 Hours
- Open Book/Closed Book: Open Book
- Note: Use of a simple calculator is permitted
Why choose us
Ways to take this course
Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Earned Value™ Management Practitioner. 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.
Live classes
Join a scheduled class with a live instructor and other delegates.
Interactive
Engage in activities, and communicate with your trainer and peers.
Global Pool of the Best Trainers
We handpick from a global pool of expert trainers for our Online Instructor-led courses.
Expertise
With 10+ years of quality, instructor-led training, we equip professionals with lasting skills for success.
Global Reach
With classes running in all timezones, access any of our courses and course material from anywhere, anytime.
Unlock your potential with The Knowledge Academy's Earned Value™ Management Practitioner, 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.
What our customers are saying
Pradeep was excellent. He really is a subject matter expert; he kept the team engaged and gave plenty of opportunities to check understanding and challenge the answers. I have two other members of the team to do this training course, and I really hope Pradeep will be running it.
Blake Lily
Easy to communicate with. Great presenter - good material shared
Kristian Roebuck
Trainer was very helpful and openly discussed issues I had with aspects of the course
Hugh Connell
Earned Value™ Management Practitioner FAQs
Earned Value™ Management Practitioner is a certification that validates expertise in using Earned Value Management (EVM) techniques to track project performance, schedule, and costs.
Yes, The Knowledge Academy's Earned Value™ Management Practitioner Courses are accredited by APMG.
The certification is typically valid for three years, after which recertification or continuing education may be required.
Benefits of this course include mastering EVM techniques, improving project tracking, enhancing decision-making, and increasing qualifications for project management roles.
The certification aims to validate your ability to apply EVM techniques effectively to manage and track project performance, costs, and schedules.
Delegates must possess the Earned Value™ Management Foundation Certification before pursuing this Earned Value™ Management Practitioner Training Course.
This course comes with a 2-day training session from experienced trainers, a digital delegate pack, and a certificate upon completion of the course.
The duration of this course spans 2 days.
Yes, 24/7 support is available to assist with any questions or issues during the course.
The course is moderately challenging and suitable for individuals with project management experience or knowledge.
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.
Upon completing this course, you will be qualified for jobs including Project Manager, Program Manager, Project Controller, and EVM Analyst.
Project Managers, Program Managers, Project Controllers, and professionals involved in managing project performance and costs require this certification.
Yes, we offer tailored corporate training courses that can be customised to meet the specific needs of an organisation and its employees.
You’ll learn to apply EVM principles, manage project performance, track costs and schedules, and use EVM tools to manage projects effectively.
Holding this certification demonstrates your proficiency in EVM, enhancing your credibility and career prospects in project management.
Project Managers, Program Managers, Project Controllers, and professionals seeking to enhance their EVM skills should attend this course.
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 essential EVM skills, enhancing your ability to manage project performance and advance your career in project management.
No formal qualifications are required, but experience in project management or EVM is helpful.
Consider pursuing advanced project management certifications or applying your skills in real-world projects to further your career.
Yes, delegates must possess the Earned Value™ Management Foundation Certification before taking this course.
No, a background in other EVM courses is not necessary, though experience in project management or EVM can enhance your learning experience.
The training fees for Earned Value™ Management Practitionerin the United States starts from $5995
The Knowledge Academy is the Leading global training provider for Earned Value™ Management Practitioner.
Please see our Earned Value™ Management courses available in the United States
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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