EVMS 101 - EVMS Fundamentals Training by EVMS Training Solutions - Earned Value Management Online Self Paced EVM Training

EVMS 101 - EARNED VALUE MANAGEMENT FUNDAMENTALS

This course introduces the student to the principles, terminology and processes associated with an Earned Value Management System. The course summarizes the process categories, project organization, planning, updating, evaluating, forecasting and baseline control required for an Earned Value Management System (EVMS) compliant to ANSI/EIA 748.

Objectives

Students who successfully complete this course will be able to:

Define Earned Value and Earned Value Management System
Understand the benefits of EVM over classical Project Management
Describe and understand the Basic EVM terminology
Describe the 3 critical elements for organizing your project
Identify the responsibilities of the Control Account Manager (CAM)
List the 3 project components you must know before you can develop an EVM plan
Understand EVM Planning and Scheduling requirements
Describe an Integrated Master Plan (IMP) and Integrated Master Schedule (IMS)
Describe the difference between Horizontal & Vertical Traceability
Identify appropriate Work Authorization Levels
Describe key components of a Program Budget
Understand the 8 Earned Value Techniques
Understand the difference between a Work Package and a Planning Package
Select appropriate Earned Value Techniques based on Work Package details
Describe the 3 basic components in updating Project Status
Define Earned Value
Describe the difference between BCWP and ACWP
Identify the steps used in updating project status
Calculate schedule variance (SV) and cost variance (CV)
Calculate Schedule Performance Index (SPI) and Cost Performance Index (CPI)
Evaluate project performance and analyze variances to the plan
Define Estimate at Completion (EAC)
Identify techniques to validate the EAC
Define the components of the Baseline
List the 3 Baseline Control Objectives
Describe the 3 Baseline Change Categories

Who Should Attend

This course is for Project Managers, Technical Mangers, Cost Account Mangers, Integrated Product Team Leads, Financial Planners, Schedulers and equivalent project personnel working in positions requiring knowledge and use of EVM.

Length:

This is a self paced course available through the internet. Students can complete in one day, or spread out over multiple days. There are 7 quizzes in total and a completion certificate is issued for successful completion of the course.

Method of Delivery:

Web Based - Learn more

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Course Pricing

Determine Qty of seats (1 per person being trained).

Qty of Seats	Price/Seat	Total Cost Range
1-5	$499	$499 to $2,495
6-10	$449	$2,694 to $4,490
11-20	$429	$4,719 to $8,580
21-50	as low as $176/seat	$8,795 Total
> 50	Call	call 301-356-0897

Course Feedback:

"EVMS 101 was a very thorough summary of Earned Value Management. I liked the self paced style & audio narration. Quizzes reinforced the material, and looking back on the lengthy objectives list, I was surprised at how much I learned. I’ll be taking EVMS 201 next."

John Stoddard, IPT Lead