Earned Value Management Practioner Training in Chicago

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Earned Value™ Management

Earned Value™ Management Practitioner

Chicago

Our Earned Value™ Management Training Course is Fully Accredited by APMG.
Earned Value™ Management Process Discussion and System Review.
Certified Course Includes Official Exams, Materials & Certification. Rated Outstanding!

Dates & Prices Dates & Prices

Course information

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 Chicago 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 Chicago 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 Chicago 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 Chicago 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 Chicago, 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

Our Chicago venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

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.

Chicago is on Lake Michigan in Illinois; it is among the largest cities in the U.S.A with a population of 2,635,352. Famous for it’s architecture and skyscrapers such as the iconic John Hancock Center, and the neo-Gothic Tribune Tower. Chicago is also renowned for its museums, including the Art Institute of Chicago. Since the mid 19th century, Chicago has been the centre of higher education and research with several universities such as; the University of Chicago; Illinois Institute of Technology; Northwestern University; Loyola University Chicago; DePaul University and University of Illinois at Chicago.

Address

One Magnificent Mile
980 North Michigan Avenue
Suite 1400
Chicago
Illinois
60611

T: +1 7204454674

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Earned Value Management Practioner Training in Chicago. 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.

Learn more in our FAQs

Unlock your potential with The Knowledge Academy's Earned Value Management Practioner Training in Chicago, 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.

Learn more in our FAQs

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

Learn more in our FAQs

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 Practioner Training in Chicago FAQs

What is Earned Value™ Management Practitioner?

Earned Value™ Management Practitioner is a certification that validates expertise in using Earned Value Management (EVM) techniques to track project performance, schedule, and costs.

Is The Knowledge Academy accredited for their Earned Value Management Courses?

Yes, The Knowledge Academy's Earned Value™ Management Practitioner Courses are accredited by APMG.

How long is the Earned Value Management Practitioner Certification valid for?

The certification is typically valid for three years, after which recertification or continuing education may be required.

What are the benefits of taking this Earned Value™ Management Practitioner Training?

Benefits of this course include mastering EVM techniques, improving project tracking, enhancing decision-making, and increasing qualifications for project management roles.

What does Earned Value™ Management Practitioner Certification aim to achieve?

The certification aims to validate your ability to apply EVM techniques effectively to manage and track project performance, costs, and schedules.

Are there any prerequisites to attend this Earned Value™ Management Practitioner Training?

Delegates must possess the Earned Value™ Management Foundation Certification before pursuing this Earned Value™ Management Practitioner Training Course.

What is included in 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.

What is the duration of this Earned Value™ Management Practitioner Course?

The duration of this course spans 2 days.

Do you offer 24/7 support for this Earned Value™ Management Practitioner Course?

Yes, 24/7 support is available to assist with any questions or issues during the course.

What is the difficulty level of this Earned Value™ Management Practitioner Certification Course?

The course is moderately challenging and suitable for individuals with project management experience or knowledge.

Do you provide self-paced training for this Earned Value™ Management Practitioner Training Course?

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.

What kind of jobs can I expect based on this Earned Value™ Management Practitioner Course?

Upon completing this course, you will be qualified for jobs including Project Manager, Program Manager, Project Controller, and EVM Analyst.

Which individuals or roles require an Earned Value™ Management Practitioner Certification?

Project Managers, Program Managers, Project Controllers, and professionals involved in managing project performance and costs require this certification.

Do you provide corporate training for this Earned Value™ Management Practitioner Course?

Yes, we offer tailored corporate training courses that can be customised to meet the specific needs of an organisation and its employees.

What will I learn in this Earned Value™ Management Practitioner Training?

You’ll learn to apply EVM principles, manage project performance, track costs and schedules, and use EVM tools to manage projects effectively.

What is the significance of holding an Earned Value™ Management Practitioner Certification?

Holding this certification demonstrates your proficiency in EVM, enhancing your credibility and career prospects in project management.

Who should attend these Earned Value™ Management Practitioner Training Courses?

Project Managers, Program Managers, Project Controllers, and professionals seeking to enhance their EVM skills should attend this course.

Who should I contact if I am unable to access this Earned Value™ Management Practitioner Training 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.

Why should I take this Earned Value™ Management Practitioner Course?

The course equips you with essential EVM skills, enhancing your ability to manage project performance and advance your career in project management.

What is the qualification for this Earned Value™ Management Practitioner Training Course?

No formal qualifications are required, but experience in project management or EVM is helpful.

What to do after this Earned Value™ Management Practitioner Training Course?

Consider pursuing advanced project management certifications or applying your skills in real-world projects to further your career.

Do you need Earned Value Management Certification before taking this Earned Value™ Management Practitioner Training?

Yes, delegates must possess the Earned Value™ Management Foundation Certification before taking this course.

Is it necessary to have a background in other Earned Value Management Courses to take this Earned Value™ Management Practitioner Training?

No, a background in other EVM courses is not necessary, though experience in project management or EVM can enhance your learning experience.

What is the cost/training fees for Earned Value™ Management Practitioner in Chicago?

The training fees for Earned Value™ Management Practitionerin Chicago starts from $5995

Which is the best training institute/provider of Earned Value™ Management Practitioner in Chicago?

The Knowledge Academy is the Leading global training provider for Earned Value™ Management Practitioner.

What are the best Earned Value™ Management courses in Chicago?

Please see our Earned Value™ Management courses available in Chicago

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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