EVMS 201 – EVMS FOR MANAGEMENT 

EVMS 201 builds on EVMS 101 & introduces the student to the Integrated Master Plan, Integrated Master Schedule, key principals of scheduling, historical and predictive analysis and development of Estimates at Completion (EAC). The Primary objective of this course is to provide the information and concepts which will allow you to integrate these key concepts into your EVMS plan. Students who successfully complete this course will be able to:

• Define Integrated Master Plan (IMP) and Integrated Master Schedule (IMS)
  • Understand Why and When to develop an IMP and IMS
  • Explain how an IMP and IMS are related to overall Program Management Process
  • Learn how to develop an IMP
  • Identify Best Practices for generating an IMP
  • Define an IMS & understand the IMS relationship to the IMP
  • Learn how to develop an IMS
  • Identify Best Practices for generating an IMS
• Understand/Apply Critical Path Methodology Scheduling Concepts
  • Identify Schedule Risk
  • Understand Concepts of Resource Loading and Resource Leveling
  • Understand how to update a schedule
  • Understand the difference between a Baseline Schedule dates and forecast dates
  • Understand the difference between EVMS status and schedule status
• Report on Program Performance Using EVMS Best Practices  
  • Assess status of schedule
  • Assess EV (BCWP), evaluate EV Techniques
  • Validate EV Costs & the EV Database
  • Calculate Cost Variances (CV) & Schedule Variances (SV)
  • Calculate Variance at Completion (VAC)
  • Use CPI and SPI in Management Decisions
  • Understand the Variance Analysis Process and related Management responsibilities
  • Understand how Predictive Performance Data is used
  • Understand how % complete and % Spent are calculated and used
  • Understand how TCPI and IEAC are calculated and used to Validate EAC
• Generate/Validate Estimate at Completion (EAC)
  • Understand an EAC, who creates and how and when it is used
  • Understand the EAC monthly review process as a key communication tool between the CAMs and Program Management
  • Understand the difference between a monthly and comprehensive EAC
  • How to develop a comprehensive EAC and methods to validate

This course is for Project Managers, Technical Mangers, Cost Account Mangers, Integrated Product Team Leads, Financial Planners, Schedulers and equivalent Program management personnel requiring knowledge in the best practices of applying an EVMS to a program. EVM 101 - Earned Value Management Fundamentals This is a self paced course available through the internet. Students can complete in one day, or spread out over multiple days. There are 3 modules with 9 quizzes in total and a completion certificate is issued for successful completion of the course. Web Based - Learn more