Practical guide to project health monitoring and Earned Value Management (EVM). – PMP & CAPM Training – 5.5 PDUs

What you will learn

How to distinguish yourself as a project manager.

The essentials of monitoring and control.

Earned value management techniques and how to effectively incorporate them into your monitoring strategy.

Effective EVM reporting techniques.

EVM metric interpretation.

Effective project health monitoring methods.

How to control your project and eliminate scope creep.

How to ensure project success.

Templates for the most effective status reporting methodologies.

Effective project monitoring and control communication strategies.

Practical examples and exercises on the course content.

Much more!

Description

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Project management is an extremely intricate field and requires you to have knowledge in several technical areas of expertise. The 5 process groups ranging from project initiation to project closure are all very important pieces of the overall puzzle and you will need to master them all to distinguish yourself as one of the best project managers.

Depending on who you talk to, they may have different ideas on which of the process groups should be considered more or less important than the others. One thing that all those who are well versed in the field project management agrees on though, is the fact that exceptional project management is about delegating the actual project work and focusing your energy, as the project manager, on monitoring and controlling the health and status of your project. This is where you make the BIG difference, and where you catch the eyes of the client and upper management.

This course was designed to arm you with the essential knowledge you require to understand project health monitoring and the pivotal role it plays in project success.

The course covers all the project health monitoring essentials. We will also be looking at the importance of proper monitoring and control and how you can effectively and efficiently incorporate good Earned Value Management (EVM) practices into your monitoring strategy. We will also be working through some guided practical examples and you will have a chance to apply what you have learned on a few practical exercises. The course also places some emphasis on good control measures and we will work through guidelines that will help you effectively implement change control procedures. The course ends of with an assessment that will not only help you gauge what you have learned but also test you in a practical setting.

Furthermore we will also be sharing some project health reporting templates and pre-programmed Excel sheets that you can use and adopt for your own projects.

The course design caters for those who already have the foundational knowledge of project management and are familiar with the PMI project management methodology. Beginners are however welcome to take it up as well, as the course is structured to add value to all project management professionals.

If you are new to project management we suggest you take a look at our Project Management Fundamentals course before you take this one.

English

Language

Content

Course Introduction

Welcome

What to Expect from this Course

Claiming your Professional Development Units

Course Slides

Monitoring and Control

Section Breakdown

The Essence of Project Monitoring and Control

The Focus of Monitoring and Control

Monitor & Control Project Work According to PMBOK

Monitoring and Control Buy-in

Section Quiz

Section Summary


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The Earned Value Management Approach

Section Breakdown

Basics of EVM

EVM Metrics

EVM Projections

Additional EVM info

EVM Formula Sheet

EVM Example

EVM Exercise

Section Quiz

Section Summary

Change Control

Section Breakdown

Change Control Protocol

Impact Assessments

Change Approval System

Change Request and Approval Template

Perform Integrated Change Control According to PMBOK

Section Quiz.

Section Summary

Project Health Meetings and Reporting

Section Breakdown

Weekly Statusing

Monthly Statusing

Status Report Templates

Quiz

Section Summary

Course Assessment

Quiz

Course Completion

Course Wrap Up

Bonus Lecture