Catalog

Performance Based Projects Using Earned Value Management (EVM)

This course will show you how to effectively manage technical, schedule, and cost objectives using earned value management (EVM) practices. Providing innovative guidelines, methods, examples, and templates consistent with capability models and standards, you will learn how to measure progress using practical, understandable techniques. Applicable to the management of any project, EVM has long been the most effective method for staying on top of your project health. The course compares and contrasts EVM with other techniques, such as Gantt and burndown modeling.

Was $585.00

Now $395.00

You save $190.00 (32%)! (Limited time offer)

This course is designed to show project managers and their teams how to effectively manage a project’s technical, schedule, and cost objectives using performance-based earned value management (EVM) practices. You will learn how to measure progress using practical, understandable techniques. Providing innovative guidelines, methods, examples, and templates consistent with capability models and standards, this course approaches EVM from a practical level with understandable techniques that are applicable to the management of any project.

Attendees will learn how to incorporate EVM with key systems engineering, software engineering, and project management processes, such as establishing the technical or quality baseline, requirements management, using product metrics, and meeting success criteria for technical reviews. Linking product requirements, project work products, the project plan, and the Performance Measurement Baseline (PMB), as well as correlating technical performance measures (TPM) are covered. The course discussing how EVM can be applied within the context of PMI’s Project Management Body of Knowledge (PMBOK®), CMMI, the EVM System standard, and systems engineering standards.

This course is an invaluable aid in preparing for the PMI-PMP exam. It includes practical examples and templates to facilitate understanding and guiding project professionals in the private and public sectors to use EVM on complex projects.

The course is ideal for project managers of suppliers and customers in the commercial and government sectors; software and systems engineering process improvement leaders; CMMI appraisers; PMI members; and IEEE Computer Society members.

What You Will Learn

1. Incorporating product requirements and planned quality into the PMB
2. Conducting an Integrated Baseline Review
3. Analyzing performance reports
4. Independent assessments and predictive analysis
5. Ensuring that key TPMs are selected, monitored, and reported
6. Identifing the right success criteria for technical reviews
7. Techniques for monitoring and controlling supplier performance
8. Integrating risk management with EVM
9. Complying with government acquisition policies and regulations

This course is facilitated in an interactive environment. Students will participate in exercises, review course materials and attend lectures and video segments. Course materials include handouts, exercises, supplementary readings, and a course textbook.

Student Packet

Participants in the course will receive the following packet before the first day of class:

1. Earned Value Management (EVM) project metrics textbook
2. In-depth discussion materials on project measurement and metrics, EVM, “burndown,” and traditional measurement techniques

Extended Learning Program

Students will also be enrolled in our extended learning program. The program provides on-going learning opportunities once your course is finished, delivering workshops, consultation, research articles, and reference materials. As an attendee of this course, your benefits will include:

1. Consultation with your instructor or subject matter expert on topics related to the course. Up to two hours of direct consultation is provided as part of the program.
2. Monthly research articles, reference materials, and information directly relevant to the subject matter of the course. Material is delivered by email or download exclusively to attendees.
3. Monthly mini-courses that address specific topics covered in the course. Each mini-course refreshes learning and helps apply new techniques in your workplace.

Length:

4 weeks

PDUs:

14 hours

Number:

EVM-205

Making Distance Learning More Effective

“When we set out to develop our distance learning programs we wanted to make sure the student experience rivaled in-classroom training. Most distance learning programs don’t support group exercises, one on one time with your instructor, and open discussion periods — we wanted to be different. That’s why we have put so much time into developing our coursework and the unique tools that make it work. I’m confident you’ll agree that our programs are in many ways more effective than in-classroom sessions.“ — Zacharias J. Beckman, President & CEO

The Advantages of Distance Learning

Every Hyrax University course strives to deliver training that is better than courses available through in-classroom programs. Each course follows a unique format that takes advantage of the strengths of distance learning.

1. Our courses combine pre-recorded video presentations from instructors with live WebEx sessions that involve the entire class. Students have regular sessions during which questions can be raised and group discussions can be explored.
2. Self-directed training tools are provided with your course. Materials include presentations, available in both audio and visual formats; accompanying materials made available for download and study; self-direct web-based research; and offline study.
3. Training activities are scheduled over time, at about one or two hours a day. This means students can take what they’ve learned and apply it on a daily basis, resulting in vastly increased knowledge retention.
4. Course presentations are highly interactive, including dynamic exercises, workshop activities, and chapter quizzes.
5. Unlike a traditional classroom session, your distance learning course allows you to review and repeat lectures and presentations at your own pace.
6. Students can schedule one-on-one time with their instructor, using WebEx conferencing, during regular office hours.
7. Training is directed at the pace most suitable to your schedule. While courses do schedule regular, group activities and presentations, you can also move at your own pace.
8. Each course includes an appropriate student packet, usually consisting of a course textbook and often including additional materials (see your course syllabus for details). All materials will be shipped to you before the start of your class.