• Post category:StudyBullet-3
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Earned Value Management, Project Management, Cost Control & Monitor, Budget, Schedule & Cost Variance, Performance Index

What you will learn

Earned Value Management

Project Management

Cost Control

Cost Management

Cost Monitoring

Quantity Surveying

Budget Control & Monitoring

Cost Variance & Schedule Variance

Cost Performance Index & Schedule Performance Index

Estimate At Completion

Estimate To Complete

Budget At Completion

Planned Value

Earned Value

To Complete Performance Index

Description

The course will help you understand the basic concepts of Earned Value Management which is one of the most important technique for effective Project Management.

By the end of this course you will learn the key terms of Earned Value Management, their definitions and the various formulas used to analyze whether the project is getting executed on track with respect to cost and schedule.

The course lets you understand the concept of Budget, Planned Value, Earned Value. It also teaches how to calculate Cost and Schedule Variance, Cost and Schedule Performance Index, Estimate At Completion, Estimate To Complete and To Complete Performance Index.


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The course also includes examples showing the various scenarios of a project during execution phase and how Earned Value Management aids in recognizing the project status at any point of time with respect to budget and project completion schedule.

English
language

Content

Introduction
What is Earned Value Management ?
Understanding the Components of Earned Value Management
Key Terms
Definitions
Formulas
Example Scenarios
Ideal Scenario
Over Budget & Behind Schedule Scenario
Over Budget & On Schedule Scenario
Conclusion
Conclusion