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Mastering EVM (Earned Value Management) Training

Manage your project performance with EVM

EVM Training: Control Your Project's Costs, Timelines, and Performance

The EVM (Earned Value Management) training course enables you to measure and manage the performance of your projects based on reliable data.

You will learn to cross-reference costs, schedules, and progress to assess a project’s actual performance and quickly identify variances.

The training will also enable you to implement an EVM system tailored to your projects. You’ll master the key performance indicators and how to analyze them to make forecasts and inform your decisions.

Finally, you’ll learn how to use these analyses to anticipate deviations, measure their impacts, and adjust your actions as the project progresses.

Whether you’re a project manager, project controller, planner, or project lead, this training will give you the tools you need to strengthen the management and control of your project performance.

Demandez votre devis personnalisé pour la formation EVM (earned value management)

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Professional training in Earned Value Management (EVM) – learn project control techniques through earned value analysis. / Formation professionnelle en Earned Value Management (EVM) – maîtrisez les techniques de contrôle de projet par la valeur acquise.

Objectives of EVM (Earned Value Management) Training

Understand the Fundamental Concepts and Principles of EVM

  • Gain in-depth knowledge of EVM principles, including key terminology and basic formulas.
  • Understand how EVM integrates cost, time, and scope dimensions to assess project performance.

Learn to Implement an Effective EVM System

  • Learn how to plan and structure a project for EVM implementation, including defining work packages and establishing a performance baseline.
  • Master data collection and analysis for project tracking using EVM.

Develop Skills in Project Performance Analysis with EVM

  • Learn how to calculate and interpret key performance indicators such as the Cost Performance Index (CPI) and Schedule Performance Index (SPI).
  • Know how to identify variances, trends, and predict future project performance.

Practical Use of EVM for Decision-Making

  • Acquire skills to use EVM as a strategic decision-making tool.
  • Understand how to adjust management strategies based on insights provided by EVM.

Manage Changes and Revisions Based on EVM

  • Develop strategies to manage changes in scope, budget, or schedule based on EVM analysis.
  • Understand how to revise project plans and forecasts according to EVM data.

Earned Value Management Training Outcomes

Learning Outcomes

At the end of this EVM training course, participants will be able to implement an Earned Value Management approach and use the key performance indicators. They will be able to analyse cost and schedule variances, develop forecasts and identify deviations to improve project control.

Audience

This EVM training course is designed for project directors and project managers, project controllers, planners, cost engineers and other professionals involved in project control. It is suitable for professionals looking to strengthen their skills in project performance monitoring and analysis.

Prerequisites​

A basic understanding of project management principles, as well as some knowledge of planning and cost monitoring, is recommended. Proficiency in Excel is also an advantage for completing the practical exercises.

Teaching Methods Employed

The course combines theoretical input, practical exercises, case studies and interactive discussions. Participants work on realistic project scenarios and apply EVM principles to different project situations.

Educational Materials

Participants receive training materials throughout the course. These resources provide practical guidance on the methods, performance indicators and tools covered during the training, enabling participants to continue applying EVM principles after the course.

Trainers

The training is delivered by experts in project controls and project performance management, with hands-on experience in Earned Value Management. Their approach is based on practical case studies drawn from complex and international projects.

Earned Value Management (EVM) Training Program

Day 1: Introduction to EVM, Planning and Reporting

Introduction to the EVM Mastery Course

  • Fundamentals and history of Earned Value Management
  • Key components: performance baseline, planned value, earned value, actual costs

Project Planning for EVM Implementation

  • Structuring a project for effective EVM integration
  • Defining work elements, allocating resources, and budgeting

Monitoring and Reporting with EVM

  • Data collection techniques for EVM
  • Creating regular reports and analysing collected data

Day 2: EVM Performance Analysis and Case Studies

Performance Analysis and Decision-Making

  • Calculating and interpreting performance indices (CPI, SPI)
  • Using EVM for project forecasting and control

Change Management and Practical Scenarios

  • Managing project adjustments based on performance insights
  • Problem-solving workshops and decision-making exercises using real-world scenarios

Practical Application and Case Studies

  • Business case studies
  • Interactive simulations to consolidate learning

Conclusion and Evaluation

  • Review of key concepts
  • Final evaluation based on a case study or practical project
  • Development of an action plan for implementing EVM in a professional context
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