To register for the Earned Value Management (EVM) Fundamentals and/or Project Management (PM) Fundamentals, please send email request to: info@evmi.com

PLEASE NOTE:

Public offerings for both prerequisite courses requires a minimum of 12 participants. Onsite offerings requires a minimum of 10 participants. Payment in full must be received before the start of class.

EVMI 101: Earned Value Management Fundamentals Course

DURATION 2 DAYS

COURSE HIGHLIGHTS:

You Must Assume Full & Total Control Of Your Projects Now! Don’t let your project tailspin into a disaster! Take full control of your project! Do not let your project control you! You can achieve this goal by being proactive in its monitoring and control rather than being reactive.

Apply the use of Earned Value in Project Management to promote effective project planning, monitoring, and control. We will help set up an early warning system that will give you early signs of trouble with your project health. Also discover the keys used to identify potential cost and schedule overruns and grasp the tools and techniques that needed to compare actual work accomplished against baseline schedules and cost.

Above all we will set you on path to recognize what must be done to successfully implement and use Earned Value in your organization utilizing the ANSI-748a Standards & Guidelines

THIS CLASS WILL ENABLE YOU:

·         Trace the importance of Earned Value

·         Discuss the importance of Earned Value in today's organization

·         Explain the relationship between the cumulative cost curve and the project budget

·         Develop a control account plan and establish a performance measurement baseline

·         Calculate cost and schedule variances and use them to monitor project performance

·         Forecast final cost and schedule results using the cost and schedule performance indices

·         Identify what must be done to implement Earned Value effectively

·         Use statistical process control tools and techniques to improve project performance

·         Understand the ANSI-748b Standards and Why You Need to Be Compliant

Section 1: Key Earned Value Concepts

·         Explain the Earned Value concept

·         Describe the objectives of Earned Value

·         Explain how Earned Value is integral to project management

·         Discuss the ANSI 748-a EVM guidelines (all 32 criteria)

Section 2: Earned Value Management Principles

·         Define the three processes necessary for Earned Value

·         Establish actual work to be done

·         Determine realistic costs and schedules

Section 3: Planning Process

·         Review different earned value measurement methods

·         Prepare a Control Account Plan

·         Create a Performance Measurement Baseline

Section 4: Earned Value Management Definitions & Formulas

·         Determine the factors of Planned Value, Actual Costs, and Earned Value

·         Calculate cost and schedule variances

·         Identify the challenges in determining Earned Value on materials and subcontracts

Section 5: Earned Value Definitions and Formulas: Analysis

·         Calculate Cost and Schedule Indices (CPI and SPI)

·         Calculate the To Complete Performance Index (TCPI)

Section 6: Forecasting

·         Computing Estimates to Complete (ETC)

·         Computing Estimates at Completion (EAC)

·         EAC Methods

Section 7: Earned Value Management Implementation

·         Identify prerequisites to implementing Earned Value

·         Describe barriers to Earned Value implementation

·         Explain current Federal guidelines for Earned Value Management: Department of Defense, OMB etc

EVMI 102: Project Management Fundamentals Course

DURATION 2 DAYS

Project Management Fundamentals Course.  This course is designed to develop the basic knowledge base of project personnel in the application of project management theory and PMBOK® guidelines. The course focuses on basic project management principles that span across the breadth of what embodies the PMBOK®. Practical examples, case studies and best practices are used to further increase Project Management knowledge base. Upon completion of this course students will be able to Develop Project Plans, Prepare Project Charters, Develop Work Break Down Structures, Understand Project Scheduling Techniques, Identify Network Schedules & Critical Paths, Identify Organizational Structures & Types, Stakeholder Responsibilities & Roles, Risks Management, Quality Assurance Technique & Earned Value Basics.

COURSE HIGHLIGHTS:

Section 1: Introduction to Project Management

·         Explain what a Project is?

·         Describe the objectives of Project Management.

·         Explain how good project management is essential for project success.

·         Explain the triple constraint; project knowledge areas, project versus operations.

·         Explain the difference between project, portfolio and program.

Section 2: Project Life Cycle & Organization

·         Explain the Project Life Cycle & Project Management Life Cycle concepts

·         Describe the importance of stakeholders and stakeholder management.

·         Explain difference between Project Expeditor, and Project Coordinator.

·         Discuss the types of Organizations: Functional, Projectized, Matrix

Section 3: Project Management Processes & Knowledge Area

·         Discuss project processes and project management processes

·         Discuss process interactions.

·         Discuss project management process groups: initiating, planning, monitoring & controlling, executing, and closing.

Section 4: Project Integration Management

·         Discuss Project Initiation and the Project Charter.

·         Discuss the 7 Project integration process groups.

·         Discuss Project Close

Section 5: Project Scope Management

·         Discuss scope planning, scope definition, create WBS, scope verification and scope control

·         Discuss Scope Creep

·         Discuss Change Control Process

Section 6: Project Time Management

·         Discuss the 6 Project Time Management Processes.

·         Scheduling Concepts

Section 7: Project Cost Management

·         Discuss the 3 Project Cost Management Processes

·         Earned Value Management Basics, Theory & Calculations

Section 8: Project Quality Management

·         Discuss the 3 Project Quality Management processes.

·         Discuss the importance of quality assurance

Section 9: Project Risk Management

·         Discuss what is risk?

·         Discuss the 6 project risk management processes.

·         Explain importance of risk response strategies.

To register for the Earned Value Management Fundamentals and/or Project Management Fundamentals, please send email request to: info@evmi.com